North of 60 Mining News - The mining newspaper for Alaska and Canada's North

By Shane Lasley
Mining News 

Tectonic adds to Alaska exploration funds

Raising additional C$3M for drilling at Tibbs and Seventymile North of 60 Mining News – June 5, 2020

 

Last updated 9/26/2020 at 2:42pm

Tectonic Metals exploration vice president Seventymile gold Alaska Doyon

Tectonic Metals Inc.

Tectonic Metals VP of Exploration Eric Buitenhuis investigates Flanders, an intriguing gold exploration target at Seventymile.

Tectonic Metals Inc. June 2 announced plans to raise an additional C$3 million to fund 2020 drill programs on two of its Alaska properties – Tibbs and Seventymile.

In April, Doyon Ltd. invested US$1.5 million (C$2.1 million) to acquire a 16.1% strategic ownership of Tectonic.

An Alaska Native Claims Settlement Act (ANCSA) regional corporation, Doyon owns 12.5 million acres of land spanning A...



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