By Shane Lasley
Mining News
Doyon nabs major stake in Tectonic Metals
Alaska Native corp., mineral explorer strengthen partnership North of 60 Mining News – April 17, 2020
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Last updated 9/26/2020 at 12:51pm
Tectonic Metals Inc.
Tectonic Metals VP of Exploration Eric Buitenhuis investigates Seventymile, a large Alaska gold property the company is exploring under its partnership with Doyon.
In an unprecedented deal that offers a bit of good news for gold exploration in Alaska, Doyon Ltd. has invested US$1.5 million (C$2.1 million) to acquire a 16.1% strategic ownership of Tectonic Metals Inc., a junior exploration company currently advancing three gold projects in eastern Alaska.
An Alaska Native Claims Settlement Act (ANCSA) regional corporation, Doyon owns 12.5 million acres of...
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