The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 14 of 14
Toward its foundational goal of being an ESG-focused gold exploration company that is a catalyst for economic development and improved social well-being in the areas where it works, Tectonic Metals Ltd. has built a strong partnership with Doyon Ltd., the Alaska Native corporation for the region of Alaska it is exploring for gold. The Doyon region blankets a mineral-rich swath of Alaska's Interior that is nearly the size of Texas. The Alaska Native corporation owns 12.5...
While copper has the potential to be a major contributor to Alaska's economic future, this "new oil" of the low-carbon economy will be hard-pressed to beat out the old money being produced at current and coming gold mines across the Last Frontier. This is due in large part to Kinross Gold Corp.'s new "Kinross Alaska" strategy that is leveraging the underutilized 14-million-metric-ton-per-year mill and storage capacity at Fort Knox to process higher-grade ore mined from...
It is hard to quantify which is more impressive, the sheer size of the estate owned by Doyon Ltd. or the rich and underexplored mineral potential on the lands owned by the Alaska Native Claims Settlement Act regional corporation for Alaska's Eastern Interior. Running the breadth of Alaska between the Brooks Range to the north and Alaska Range to the south, the Doyon region blankets a mineral-rich swath of Alaska's Interior that is nearly the size of Texas. Doyon owns 12.5...
Tectonic Metals Inc. Oct. 25 reported that its first-ever oriented core drill program at Tibbs cut high-grade gold at Gray Lead and Michigan, the two zones targeted during the initial phase of 2021 drilling on the property about 22 miles (35 kilometers) southeast of Northern Star Resources Ltd.'s high-grade Pogo gold mine. "Our phase I diamond drilling program at Tibbs targeted some of the highest tenor gold anomalies in the Goodpaster Mining District of Alaska, obtaining the...
Building upon a strong relationship it has made with Doyon Ltd., Tectonic Metals Inc. has entered into an agreement to lease the Flat gold project owned by the Alaska Native Claims Settlement Act regional corporation. Located about 25 miles north of the Donlin Gold project being advanced under a joint venture between Barrick Gold Corp. and Novagold Resources Inc., the 92,160-acre Flat property hosts intrusive-hosted, sheeted quartz vein gold mineralization similar to that...
Tectonic Metals Inc. Sept. 7 reported assays as high as 50.5 grams per metric ton gold from rock samples collected from the Jorts prospect at Tibbs South, a property immediately south of Tibbs being leased from Doyon Ltd. The mineralization in the rocks collected from South Tibbs appears to be veining associated with an intrusion-related gold system that strongly resembles the high-grade component of mineralization at Kinross Gold Corp.'s Fort Knox gold mine. Located in the Go...
Tectonic Metals Inc. Aug. 18 reported that a deep-penetrating Titan-160 ground-based geophysical survey targeting has identified what appears to be low- and high-angle structures coinciding with gold-in-soil anomalies sharing the same geochemistry and host rocks as the gold-rich zones that have provided the bulk of the ore at Northern Star Resources Ltd.'s Pogo gold mine about 22 miles (35 kilometers) to the northwest. The geophysical survey was designed to determine the...
Tectonic Metals Inc. July 20 announced it is entering the second phase of its 2021 exploration program at Tibbs in Alaska's Goodpaster Mining District with a deep-penetrating Titan-160 ground-based geophysical survey targeting gold-in-soil anomalies in an area prospective for flat-lying gold veins similar to those that have provided the bulk of the ore Northern Star Resources Ltd.'s Pogo gold mine about 22 miles (35 kilometers) to the northwest. "Tectonic's innovative...
After raising C$3.5 million in May, Tectonic Metals Inc. is gearing up for the start of its 2021 exploration in Alaska, which will be anchored by oriented core drill programs at its Tibbs and Seventymile gold projects. "It's time! The old saying, 'If you're not drilling, you're not finding gold' could not be more fitting right now for Tectonic," said Tectonic Metals President and CEO Tony Reda. "Our recent capital raise brought in additional sophisticated shareholders to...
Strong metal prices and an infusion of cash from notable resource investors helped to salvage much of a 2020 mineral exploration season in Alaska that became lethargic with disruptions, delays, and shelving of field programs infected by the COVID-19 pandemic early in the year. At its onset, 2020 was looking like it would be the best year for Alaska's mining sector in a decade. Australia-based mining companies were slated to invest nearly US$100 million in mineral exploration...
A relatively young mineral exploration company led by a veteran team noted for their success in advancing Coffee Gold in the Yukon from a grassroots discovery to a roughly 5-million-ounce gold mine project, Tectonic Metals Inc. is exploring the overlooked gold potential Alaska has to offer. Formed as a private company in 2018 and taken public on the TSX Venture Exchange towards the end of 2019, Tectonic has already built an impressive portfolio of gold properties and strong...
Tectonic Metals Inc. plans to leverage Alaska's underexplored gold potential to create "the number one mineral exploration company in the world." While this is a lofty goal, Tectonic Metals is led by an executive team that is renowned for the mineral exploration, mining and business skills required to achieve the company's vision. Tony Reda, former vice president of corporate development of Kaminak Gold Corp., is the president and CEO of Tectonic Metals. He is joined by Eira T...
Members of the Kaminak Gold Corp. executive team have reunited to form Tectonic Metals Corp., a private exploration company that has acquired three overlooked gold exploration properties in Alaska's Eastern Interior. While with Kaminak, this team advanced the Coffee project in the Yukon from a grassroots discovery to a roughly 5-million-ounce gold mine project that Goldcorp Inc. acquired in 2017 for C$520 million. Cashing in on Coffee, several of the Kaminak executives moved...
Emerging on Alaska's exploration scene in 2018, Tectonic Metals Inc. is a new junior mining company that applies a business-first strategy to managing the risks inherent to advancing grassroots gold discoveries to a multi-million-ounce gold reserve that global mining companies want to buy and the local people want to see developed into a mine. "Junior mining is 99 percent risk, the failure rate is huge, yet nobody has any protocols in place for managing the risks," Tectonic...
