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Tectonic builds upon success at Tibbs

Mining Explorers 2021 - January 27, 2022

Building upon the success from systematic exploration carried out over the previous two seasons, Tectonic Metals Inc. focused its 2021 program on testing high-grade and bulk tonnage gold targets on its Tibbs properties in Interior Alaska.

Located in the Goodpaster Mining District, Tibbs is known for high-grade gold targets reminiscent of the ore at Northern Star Resources Ltd.'s Pogo gold mine about 22 miles (35 kilometers) to the northwest.

During its initial drilling at Tibbs in 2019, Tectonic cut 29 meters averaging 6.03 grams per metric ton gold at Michigan, a previously identified but underexplored zone.

Highlights from 11 rotary air blast holes drilled at Michigan during 2020 include 9.1 meters averaging 6.71 g/t gold and 12.9 meters averaging 2.61 g/t gold.

The remaining 16 holes of the 2020 Tibbs drill program focused on Lower Trench and Wolverine, zones along a 3,000-meter prospective corridor that also encompasses Michigan.

One 2020 hole drilled at Lower Trench cut 7.6 meters averaging 4.5 g/t gold in mineralization identical to Michigan but 1,500 meters to the northwest.

Tectonic kicked off its 2021 drilling at Tibbs with oriented core drilling at Michigan and Gray Lead, a high-grade vertical vein about 3,000 meters southwest of Michigan where historical drilling cut 5.7 meters of 19.14 g/t gold.

Highlights from the initial phase of 2021 exploration include 6.12 meters averaging 7.69 g/t gold at Michigan and 6.89 meters averaging 5.67 g/t gold at Gray Lead.

While drills were carrying out phase-one drilling, crews were refining targets for a second phase of 2021 drilling.

This work included geophysical survey lines that extend from the intrusive rocks that host known high-grade gold zones at Tibbs into the gneiss rocks to the west, where 2020 mapping identified low-angle faults within moderately dipping gneissic rocks, key characteristics of the Pogo geological model.

Soil sampling over these gneissic rocks outlined multiple gold-in-soil anomalies with Pogo-like geochemistry, and one rock collected from the Lower Trench prospect during 2021 contained 190.4 g/t ton gold, the first evidence of Pogo-style vein mineralization in the gneissic terrain at Tibbs.

This work identified six previously undrilled Pogo-like targets that were tested with 23 holes during the second phase of the 2021 program at Tibbs.

In addition to discovering Pogo-like targets, Tectonic geologists discovered gold mineralization reminiscent of Kinross Gold Corp.'s Fort Knox Mine in rock samples collected from the Jorts and Jeans Ridge prospects at Tibbs South, a property immediately south of Tibbs being leased from Doyon Ltd.

Grab rock samples collected from a 450-meter-long high-grade anomaly at Jorts contained as much as 50.5 g/t gold, 904 parts per million bismuth, and 8 ppm tungsten. Of the 44 samples collected from Jorts, 11 returned grades topping 20 g/t gold.

Rocks collected from Jeans Ridge, a prospect about 1,250 meters northeast of Jorts, returned grades as high as 7.9 g/t gold, 561 ppm bismuth, and 4 ppm tungsten.

In addition to Tibbs and associated gold properties in the Goodpaster District, Tectonic's portfolio includes two-large scale mineral exploration properties leased from Doyon Ltd. – Seventymile and Flat.

The newest addition is Flat, a property leased from Doyon in September.

Located in the Kuskokwim Mineral Belt about 25 miles (40 kilometers) north of the 39-million-ounce Donlin Gold project, Flat hosts intrusive-hosted, sheeted quartz vein gold mineralization above two creeks – Flat and Otter – that are estimated to have produced more than 830,000 oz of placer gold since 1908. When you add in other streams draining Chicken Mountain on the property, this total is more than 1.3 million oz of alluvial gold.

"The acquisition of Flat provides Tectonic with access to one of the most exciting gold exploration opportunities in Alaska," said Tectonic Metals President and CEO Tony Reda.

Seventymile, a roughly 150,000-acre land package between Yukon's Klondike and Alaska's Circle Mining District, provides Tectonic another exciting opportunity.

Tectonic carried out early-stage exploration at Seventymile during the 2018 and 2019 field seasons in preparation for a 2020 RAB drill program that targets six highly prospective gold targets along the 8,000-meter-long Flume trend.

Highlights from this 26-hole program include: 19.81 meters averaging 1.37 g/t gold; 6.1 meters averaging 2.07 g/t gold; and 4.57 meters averaging 1.2 g/t gold.

Tectonic says its exploration at Seventymile has both validated and proven continuity of the mineralized structures across the Flume trend.

Based on the exciting results at Tibbs and Tibbs South, however, Tectonic postponed its planned 2021 drilling at Seventymile until next season.

Instead, a reverse circulation rig slated for Seventymile was redirected to complete roughly 1,200 meters of drilling at the Jorts and Jeans targets and then Pogo-like structures in the western portion of Tibbs.

Author Bio

Shane Lasley, Publisher

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Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.


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