A SHIFT IN THE GAME - tectonicmetals.com · A SHIFT IN THE GAME COMMITTED TO CREATING VALUE FOR OUR...
Transcript of A SHIFT IN THE GAME - tectonicmetals.com · A SHIFT IN THE GAME COMMITTED TO CREATING VALUE FOR OUR...
1 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021
A SHIFT IN THE GAMECOMMITTED TO CREATING VALUE
January 2021
TECT: TSX-V
TETOF: OTCQB
2 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021
FORWARD LOOKING STATEMENT AND NATIONAL INSTRUMENT 43-101 COMPLIANCEAll statements in this presentation, other than statements of historical fact, are "forward-looking statements“ or “forward looking information” with respect to Tectonic Metals Inc. (the “Company”) within the meaning of applicable securities laws, including statements that address pro forma capitalization tables, the size and use of proceeds of any proposed financings, the discovery and development of gold deposits, potential size of a mineralized zone, potential expansion of mineralization and timing of exploration and development plans. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "planned", "expect", "project", "predict", "potential", "targeting", "intends", "believe", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management at the date the statements are made including, among others, assumptions regarding timing of exploration and development plans at the Company’s mineral projects; timing and completion of proposed financings; timing and likelihood of deployment of additional drill rigs; successful delivery of results of metallurgical testing; the release of an initial resource report on any of our properties; assumptions about future prices of gold, copper, silver, and other metal prices; currency exchange rates and interest rates; metallurgical recoveries; favourable operating conditions; political stability; obtaining governmental approvals and financing on time; obtaining renewals for existing licences and permits and obtaining required licences and permits; labour stability; stability in market conditions; availability of equipment; accuracy of historical information; successful resolution of disputes and anticipated costs and expenditures. Many assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct.
Such forward-looking information involves known and unknown risks, which may cause the actual results to be materially different from any future results expressed or implied by such forward-looking information, including, but not limited to, the cost, timing and success of exploration activities generally, including the development of new deposits; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; uses of funds in general including future capital expenditures, exploration expenditures and other expenses for specific operations; the timing, timeline and possible outcome of permitting or license renewal applications; government regulation of exploration and mining operations; environmental risks; the uncertainty of negotiating with foreign governments; expropriation or nationalization of property without fair compensation; adverse determination or rulings by governmental authorities; delays in obtaining governmental approvals; possible claims against the Company; the impact of archaeological, cultural or environmental studies within property areas; title disputes or claims; limitations on insurance coverage; the interpretation and actual results of historical operators at certain of our exploration properties; changes in project parameters as plans continue to be refined; current economic conditions; future prices of commodities; and delays in obtaining financing. The Company's forward-looking information reflect the beliefs, opinions and projections on the date the statements are made. The Company assumes no obligation to update forward-looking information or beliefs, opinions, projections, or other factors, should they change, except as required by law.
The Company has implemented a rigorous Quality Assurance / Quality Control (QA/QC) program to ensure best practices in sampling and analysis of RAB drill, soil, rock, and stream sediment samples. All assays are performed by Bureau Veritas Commodities Canada Ltd., with sample preparation carried out at the BV facilities in Fairbanks, AK, USA. Assays are completed at either the Fairbanks laboratory or the Vancouver laboratory.
All soil and stream samples at the Tibbs, Seventymile, and Northway properties were prepared using procedure SS80 (dry at 60 C and sieve 100g at -80 mesh) and analysed by method FA430 (30g fire assay with AAS finish) and MA300 (0.25g, multi acid digestion and ICP-ES analysis). All RAB drill, rock, trench, and pan concentrate samples at the Tibbs, Seventymile, and Northway properties were prepared using procedure PRP70-250 (crush, split, and pulverise 250g to 200 mesh) and analyzed by method FA430 and MA300. All samples containing >10 g/t Au were reanalyzed using method FA530 (30g Fire Assay with gravimetric finish).
The Company makes no representation or warranty regarding the accuracy or completeness of any historical data from prior exploration undertaken by others other than the company and has not taken any steps to verify, the adequacy, accuracy or completeness of the information provided herein and, under no circumstances, will be liable for any inaccuracies or omissions in any such information or data, any delays or errors in the transmission thereof, or any loss or direct, indirect, incidental, special or consequential damages caused by reliance on this information or the risks arising from the stock market.
The Qualified Person has reviewed and verified the data collected by the Company. For samples collected at the Tibbs, Seventymile, and Northway properties, QAQC samples were inserted into the sample submittals at a rate of approximately 1 QAQC sample per 10 assay samples (approximately 10%). Standards were inserted at a rate of approximately 8 standard samples per 100 assay samples (8%), blanks were inserted at a rate of approximately 2 blank samples per 100 assay samples (2%). For Rotary Air Blast (“RAB”) drilling, field duplicate samples are systematically collected at a rate of 3 duplicates per 100 assay samples (3%). A selection of standards were used which are commercially available from a reputable vendor (OREAS and Rocklabs). All standards ultimately returned acceptable values (within approximately 15% of the expected value, or approximately one standard deviation). Those standard samples which returned suspect values were re-run at the companies request. Blank samples consisted of Browns Hill Quarry basalt, an unmineralized Quaternary basalt flow from the Fairbanks Mining District, Alaska.
Eric Buitenhuis, M.Sc., P.Geo., Vice President Exploration of Tectonic Metals Inc. and Qualified Person under National Instrument 43-101 ("NI 43-101"), has reviewed and approved the contents of this presentation.
Prospective investors should not construe the contents of this presentation as legal, tax, investment, accounting or other advice. Prospective investors are urged to consult with their own advisors with respect to legal, tax, regulatory, financial, accounting and other such matters relating to their investment in the Company.
The Company securities have not been approved or disapproved by the U.S. Securities and Exchange Commission or by any state, provincial or other securities regulatory authority, nor has the U.S. Securities and Exchange Commission or any state, provincial or other securities regulatory authority passed on the accuracy or adequacy of this presentation. Any representation to the contrary is a criminal offense.
The Company is incorporated under the laws of British Columbia, Canada. Many of the Company’s assets are located outside the United States and most or all of its directors and officers are residents of countries other than the United States. As a result, it may be difficult for investors in the United States to effect service of process within the United States upon the Company or such directors and officers, or to realize in the United States upon judgments of courts of the United States predicated upon civil liability of the Company and its directors and officers under the United States federal securities laws.
3 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021
▪ Team with a track record of value creation, fully invested with shareholders
▪ Building a business - not just a drill bit play
▪ Milestone, strategic investment by one of Alaska’s largest Native Regional Corporations, Doyon, Ltd.
▪ Unique, district-scale opportunities in Tier 1 jurisdictions
▪ Strong cash position, compelling drill targets warranting aggressive follow-up
EXPERIENCED TEAM
DISTRICT-SCALE PROJECTS
COMMITTED PARTNERS
4 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021
A COMPANY BUILT AROUND A TEAM
Business and community leader, global experience. Inducted into the Aboriginal Business Hall of
Fame. Until his recent retirement, Mel was the longest serving Director of Suncor Energy
Served as CEO of Kaminak Gold Corporation, acquired by Goldcorp for
$520 Million. Spearheaded Diavik Diamond
Mine discovery. Director of Suncor Energy
Raised >$165 million to fund the acquisition, advancement of the
Coffee Gold Project. Strategic alliances, JVs leading to $35m third party spending on Kaminak projects
Co-founder, President and initial CEO of Kaminak; led company
through the acquisition, discovery and maiden resource of the multi-million ounce Coffee Gold Project
Certified Professional Geologist, 40+ years of experience; recognized as one of the leading explorationists in Alaska and the Yukon.
Tony RedaPresident & CEO, Director & Founder
Eira ThomasFounder, Strategic Advisor
Rob Carpenter, Ph.D., P.Geo, Founder & Technical Advisor
Curtis J. Freeman Director & Founder
Mel Benson Chairman
Former CFO of venture capital firm, Pathway Capital Ltd., managed several private and public mining companies;
former Corporate Treasurer at Sandstorm Gold Ltd.
Part of the core technical team at Kaminak that designed, budgeted,
executed and supervised multi-million dollar exploration
and resource definition programs
40+ years’ experience spanning the mineral resource development cycle.
Past 15 years with Agnico Eagle, currently Director, Project Evaluations
Over 25 years of experience in permitting, regulatory processes and environmental
compliance. Served as the Vice President of Sustainability at Kaminak Gold Corporation
Krysta Chapman, CPA, CA, CFAChief Financial Officer
Eric Buitenhuis, M.Sc., P.Geo,Vice President, Exploration
Michael W. (Mick) Roper Director
Allison Rippin Armstrong Director
5 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021
OUR BUSINESS MODEL
OBJECTIVE
TARGET
EXECUTE
Create transformational wealth for our shareholders and stakeholders by identifying, discovering and advancing world-class gold districts in safe, politically stable, pro-mining jurisdictions
▪ Focused on high-grade and oxide▪ Relatively low-cost entry level ▪ Must have a linear, definable path forward ▪ Potential to yield greatest return on investment
Target Discovery-Stage, District Scale Opportunities
▪ Risk vs. reward vs. cost of capital assessment determines next steps on projects
▪ All projects have a defined 3-year plan with annual deliverables
▪ Always maintain optionality, including:
− Drilling our own projects − Business transactions− Strategic alliances− Joint-venture strategy
Manage Risk/Reward Equation
6 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021
TECTONIC & DOYON LANDMARK PARTNERSHIPSTRATEGIC FINANCING AND PROJECT AGREEMENTS
WHO IS DOYON, LTD.?
• One of Alaska’s largest Native Regional Corporations
• Largest private landholder in Alaska (one of the largest in the USA) with 12.5M acres of land selected mostly on mineral prospectivity
• Over 20,000 shareholders
• 20-year history of mineral, oil and gas exploration agreements with both junior and senior companies
TECTONIC & DOYON LANDMARK PARTNERSHIP
• Strategic C$2M investment by Doyon into Tectonic (April 2020)
• Doyon becomes Tectonic’s largest single shareholder with 22.3% ownership on a partially diluted basis
• Positions Tectonic to build value in challenging COVID-19 economic climate
• Innovative Discovery-to-Production Lease Agreements signed in 2018 on Seventymile and Northway Projects
• Large >150,000-acre mineral districts
• Tectonic first company in almost 20 years to explore both properties
“It’s a joy to work on something positive like this in the midst of dealing with daily issues arising from COVID-
19. Life, business and strong relationships such as Doyon’s and Tectonic’s will continue and thrive post
COVID-19. We are pleased to deepen the partnership with Tectonic and look forward to working with them
for many years to come.”
Doyon’s President and CEO, Aaron Schutt, April 2020
7 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021
CAPITAL STRUCTUREAS OF SEPTEMBER 2020
Shares Outstanding 90,142,175
Fully Diluted 129,899,885
Estimated Cash C$5,400,000
Debt None
Top Shareholders (partially diluted)
29.0% Tectonic Team
16.5% Doyon, Ltd.
35.0% Various Resource Focused Funds
Most Recent Financings
2020: C$4,900,000 Raised ($0.20 Unit = 1 common share + 1 half 2-yr warrant at $0.40)
2020: C$2,100,000 Raised (Doyon: $0.20 Unit = 1 common share + 1 half 2-yr warrant at $0.40)
2019: C$5,800,000 Raised ($0.35 Unit = 1 common share + 1 full 2-yr warrant at $0.50)
Options Outstanding 400,000 @ $0.33 (Expiry Date: July 27, 2025)
8 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021
WHY ALASKA? WHY NOW?
▪ Consistently Ranked a Top Tier Mining Jurisdiction (according to 2018 Fraser Institute Index)
‒ 3rd worldwide jurisdiction for mineral potential
‒ 5th for investment attractiveness
▪ World-class regulatory environment; stable mining regime
▪ 7 Producing Mines‒ Operated by Kinross, Hecla, Teck, Coeur Mining,
Usibelli and Northern Star (Pogo Gold Mine)
▪ Alaska (1.477 M km2) = British Columbia + Yukon (1.43 M km2)
▪ Alaska = 365.5 million acres; Population = 692,000‒ 3 million acres of mining claims cover <1% of Alaska
‒ 191 million acres open to mining (52.3% of Alaska)
‒ 59 % Federal Land
‒ 28 % State-owned Land
‒ 13 % Native-owned Land
ALASKA – YUKON “BORDER FAULT”
Fort Knox
Pogo
TetlinOreo Mnt
Taurus
White Gold
Coffee
Casino Minto
Carmacks CopperRevenue/Nucleus
Eagle Gold Mine
Rackla
Keno Hill
Stewart Crossing
Beaver Creek
Mayo
Pelly Crossing
Dawson
Eagle
Tok
Fairbanks
Plateau
Faro
Tectonic Project
Brink
Uncle Sam
ALASKA YUKON
Kilometers
0 100
Seventymile
Tibbs
Northway
Maple Leaf
Mt. Harper
9 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021
GOODPASTER MINING DISTRICT – TIBBS GOLD PROJECT
▪ Anchored by the world-class Pogo Gold Mine owned and operated by Northern Star Resources Ltd.
▪ Robust infrastructure, power and active mill nearby
‒ Located 35kms from the Pogo Gold Mine
▪ Tectonic’s Tibbs Gold Project highlights
• New high-grade gold discoveries open for expansion
• Pogo-like high-grade mineralization at surface; three distinct styles of mineralization observed
• District-scale opportunity: 29,280 acres
GOLD EXPLORATION RUSH IS ON
ALASKA YUKON
10 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021
TIBBS GOLD PROJECT – A POGO ANALOGUETIBBS VS POGO COMPARISON
Pogo ModelFrom Twelker, 2017, after Larimer, 2016
CHARACTERISTIC POGO TIBBS – GRAY LEAD TIBBS – MICHIGANAlteration Assemblages Qtz-sericite, biotite Qtz-biotite Qtz-sericiteCarbonate Alteration Fe-dolomite in/near veins Ankerite in/near veins Ankerite in/near veinsGold Fineness ~900 Unknown UnknownPrimary Sulphides Aspy Bi+/-Po Aspy Bi Aspy Stib PyLate Stage Mineralization As-Sb Sulphides As-Sb Sulphides As-Sb Sulphides
Tungsten MineralizationScheelite (W) in skarns
and veinsW in proximal veins W absent
Bismuth Mineralization Strong Au Correlation Strong Au Correlation No CorrelationTellurium Mineralization Strong Au Correlation Strong Au Correlation No CorrelationFluid Chemistry CO2, low salinity CO2 rich, low salinity CO2 rich, low salinityAge of Mineralization 104.2 Ma 102 Ma 102 MaSulphur Isotopes Unknown Unknown UnknownHomogenization Temp. 310-570 C 260-455 C 200-400 CCurrent Deposit Model Plutonic-related Au Plutonic-related Au Plutonic-related Au
Structural ControlsLow angle structures,
high-angle feedersHigh-angle feeder High-angle distal
▪ Similar gneissic and intrusive rocks (gneiss dome) – On “Pogo Trend”
▪ Similar geochemical signature
▪ High angle structures with Pogo-style quartz veins known at Tibbs (Gray Lead)
‒ No low angle structures hosting veins to date
▪ Low angle structures host main veins at Pogo, but:
‒ High angle veins at the Pogo North Zone
‒ Interpreted as feeders/conduits to low angle veins
‒ Previously unknown to all explorers at Tibbs property
11 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021
TIBBS GOLD PROJECTMULTIPLE HIGH-GRADE GOLD INTERCEPTS IN DRILLING AND AT SURFACE
Wolverine
Trench
Michigan
1.385 g/t Au soil
Meters
0 500
6.03 g/t Au over 28.95m6.71 g/t Au over 9.14m
275m of mineralized strike, confirmed to 250m vertical
depth2020/2019 Drill Highlights
135 g/t Au rock
989.6 g/t Au rock
High-tenor Soil Anomaly1,000 x 400m historicgold-in-soil anomaly
10.78 g/t Au over 3.05mwithin a broader intervalof 4.50 g/t Au over 7.62m
2020 Drill Highlight
0.51 g/t Au over 12.2m2019 Drill Highlight
Blue Lead
Gray Lead
Oscar/Hilltop
2020/2019 Tectonic Drill Hole
Historical Drill Hole
Au in Soil Contour> 100 ppb
50 - 100 ppb
20 – 50 ppb
Au in Rock
> 5 g/t1.0 - 5.0 g/t0.2 - 1.0 g/t
< 0.2 g/t
2.35 g/t Au over 6.1m2019 Drill Highlight
28.69 g/t Au over 5.40mHistorical Drilling Highlight
250m of mineralized strike tested to only 120m vertical depth
Johnson Saddle1.25 g/t Au over 27.89m
Historical Drilling Highlight
Property Boundary
NTibbs Property
Wolverine
Trench
Gray Lead
Oscar Hilltop
Blue Lead
Michigan
5 km
Multiple zones open along strike and at depth
High grade gold in drill core
Pogo-style mineralization identified in drilling
and rock samples
Multiple untested soil and rock anomalies
12 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021
TIBBS PROJECT – GRAY LEAD ZONE; 275M MINERALIZED STRIKEHISTORICAL CROSS SECTION: OPEN AT DEPTH AND ALONG STRIKE
5.33m @ 15.76 gpt incl 1.5m @ 50.59 gpt and
0.30m @ 127.63 gpt
5.70m @ 19.14 gptincl 1.10m @ 82.5 gpt
8.53m @ 1.77 gptincl 1.22m @ 5.13 gpt
1.98m @ 16.42 gptincl 0.30m @ 37.8 gpt
4.26m @ 6.13 gpt15.76 g/t over 5.33m
incl 50.59 g/t over 1.5mand
127.63 g/t over 0.30 m
19.14 g/t over 5.70mincl 82.5 g/t over 1.10m
1.77 g/t over 8.53mincl 5.13 g/t over 1.22m
16.42 g/t over 1.98mincl 37.8 g/t over 0.30m
6.13 g/t over 4.26m
Drill core in pictures grades 14.77 g/t Au
50
m
Drill core intercepts are not indicative of true width. Historical drill intercepts highlighted
13 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021
TIBBS GOLD PROJECT - MICHIGAN 275M OF MINERALIZED STRIKE, OPEN ALONG TREND AND AT DEPTH
Trench
Michigan
Meters
0 500
6.03 g/t Au over 28.95m6.71 g/t Au over 9.14m
2020/2019 Drill Highlights
135 g/t Au rock
989.6 g/t Au rock
10.78 g/t Au over 3.05mwithin a broader intervalof 4.50 g/t Au over 7.62m
2020 Drill Highlight
0.51 g/t Au over 12.2m2019 Drill Highlight
Blue Lead
2020/2019 Tectonic Drill Hole
Historical Drill Hole
Au in Soil Contour> 100 ppb
50 - 100 ppb
20 – 50 ppb
Au in Rock
> 5 g/t1.0 - 5.0 g/t0.2 - 1.0 g/t
< 0.2 g/t
1.25 g/t Au over 27.89mHistorical Drilling Highlight
N
Tibbs Property
Wolverine
Trench
Gray Lead
Oscar Hilltop
Blue Lead
Michigan
5 km
Michigan: shallow (<200m) RAB drilling defines
275m of mineralized strike
Structurally controlled mineralization
Low and high-angle mineralized structures
identified
Intersection zones between low and high-angle
structures result in increased tenor and width of
mineralization
Identifying structural intersections is key to
unlocking full potential of Michigan
14 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021
TIBBS GOLD PROJECT – THE GNEISS FRONTIERUNTESTED GOLD IN SOIL ANOMALIES WITHIN SAME HOST ROCKS AS POGO
Wolverine
Trench
Michigan
Meters
0 500
Blue Lead
Gray Lead
2020/2019 Tectonic Drill Hole
Historical Drill Hole
Au in Soil Contour> 100 ppb
50 - 100 ppb
20 – 50 ppb
Au in Rock
> 5 g/t1.0 - 5.0 g/t0.2 - 1.0 g/t
< 0.2 g/t
Property Boundary
NTibbs Property
Wolverine
Trench
Gray Lead
Oscar Hilltop
Blue Lead
Michigan
5 km
Newly Discovered 2020 Soil
Anomalies:
High tenor gold, arsenic, bismuth
soil anomalies
Anomalies are adjacent to known
Pogo-style vein mineralization
(Gray Lead)
Kilometre-scale potential
Priority exploration targets
Oscar/Hilltop
Johnson Saddle
Gneissic Rocks
Intrusive Rocks
Gneissic host rocks in
underexplored west of property –
similar host rocks as Pogo
Low angle thrust faulting mapped
by USGS within gneiss
Never historically explored
15 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021
GOODPASTER MINING DISTRICT – MAPLE LEAF PROJECT
▪ The Maple Leaf Project was acquired in 2020 by staking and is 100% Tectonic owned
▪ Strategic Asset: Tectonic acquired a comprehensive dataset containing non-public data for the Maple Leaf project and broader Goodpaster Mining District
‒ Data from exploration work conducted in 2007 by Rubicon Minerals in a $3,000,000 campaign
‒ Geological, geophysical, and geochemical data including diamond drill logs and core
▪ 2020 rock grab samples include:
‒ 2.4 g/t Au, >2000 ppm Bi, >100 ppm W
‒ 2.95 g/t Au, 1357 ppm Bi, >100 ppm W
▪ Historical quartz float sampling from trace to 19.1 g/t Au, with a Au-Bi-As-Te geochemical signature similar to Pogo (Au-Bi-As-Te) and Fort Knox (Au-Bi-Te) deposits
▪ Recent Unexplained, high tenor Au surface geochemistry located in a favorable, regional-scale structure
TECTONIC STAKES NEW PROJECT, ACQUIRES STRATEGIC DATA
16 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021
SEVENTYMILE PROJECT – 40KM LONG GREENSTONE GOLD BELT
▪ Project de-risked: Formal production agreement with top-tier Alaska Native Regional Corporation (Doyon, Ltd.)
▪ Greenstone or Orogenic gold deposits account for ~75% of gold extracted globally*
‒ Examples include the Abitibi, Kalgoorlie, Red Lake, Hope Bay, and Las Cristinas
▪ Tectonic Summer 2020 drilling campaign: 2,587m, 26-hole RAB drill program
‒ First on property in 20 years: Mineralization intercepted in all holes; expansion potential at all zones
‒ Targets exhibit kilometre-scale strike potential, with only limited RAB drilling at each target
‒ Mapping and prospecting conducted across the entire 40 km Seventymile property identifies new targets for possible reconnaissance drilling in 2021
THE OPPORTUNITY: UNDEREXPLORED GREENSTONE BELT IN TIER 1 JURISDICTION
Kms
0 5
Flanders2.0 g/t Au over 8.67m
187.9 g/t Au over 1.1m12.0 g/t Au over 1.31m7.8 g/t Au over 4.87m
(Historic Drill Highlights)
Alder Zone2.6 g/t Au over 6.7m1.6 g/t Au over 5.5m(Historic Drill Highlights)
Bonanza Zone1.34 g/t Au over 44.2m(Historic Drill Highlights)
Ptarmigan Hill4.37 g/t Au over 6.40m(Historic Drill Highlights)
*Damien Gaboury (2019) Parameters for the formation of orogenic gold deposits, Applied Earth Science, 128:3, 124-133, DOI: 10.1080/25726838.2019.1583310
17 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021
SEVENTYMILE PROJECT
▪ Shear Zone Gold Model - Confirms previously unknown, shear-hosted gold mineralization directly below our 2018 and 2019 soil and top-of-bedrock anomalies
▪ Lode gold deposits typically form along host structures, such as faults/lithological contacts, which acted as channels for the flow of large volumes of hydrothermal fluids
▪ Common structural controls on mineralization associated with a high-grade shear zone model were not previously drill tested at Seventymile incl. Flanders Zone
SHEAR ZONE GOLD MODEL VALIDATED
Tectonic is focusing on a “Greenstone-hosted quartz-carbonate vein” deposit modelBlock image is a schematic of the relationship between tension gash veins and major shears
Where is the major shear at Seventymile?
Flanders shallow dipping extensional
veins?
18 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021
SEVENTYMILE PROJECT – FLANDERS AREAALL ZONES OPEN ALONG STRIKE AND AT DEPTH + NEW KILOMETRE SCALE SHEAR ZONE IDENTIFIED
Meters
0 250
2020 Drill HighlightShear Zone Au
1.20 g/t Au over 4.57m
Flanders
Tension Vein Gold104.75 g/t Au over 1.52m*5.30 g/t Au over 15.24m*
Au in Soil Contour> 100 ppb
50 - 100 ppb
20 – 50 ppb
Au in Rock
> 5 g/t1.0 - 5.0 g/t0.2 - 1.0 g/t
< 0.2 g/t
2020/2019 Tectonic Drill Hole
Historical Drill Hole
2020 Drill HighlightTension Vein Gold
4.38 g/t Au over 6.10mInc. 12.0 g/t Au over 1.52m
Shear Zone GoldAlder Zone – only three
historical drill holes, all hit mineralization
2.6 g/t Au over 6.7m*
East Flanders
Alder Creek
Shear Zone Au
PermafrostDeep Creek
2020 Drill HighlightShear Zone Au
0.63 g/t Au over 6.10m
Seventymile Property
Flume
BonanzaDeep Creek
Ptarmigan Hill
FlandersAlder
Mogul Bluff
5 km
N
2020 RAB Drilling proves shear zone modelKilometre-scale strike potential, open along strike and at depthAdjacent tension veins host high-grade gold
*Historical drill highlight
19 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021
SEVENTYMILE PROJECTTECTONIC CONNECTS FLUME ZONE TO BONANZA ZONE
Flume - Bonanza
Bonanza
Meters
0 500
2.72 g/t Au in rock
>10 g/t Au in soil
Flume-Bonanza2.07 g/t Au over 6.10m
0.44 g/t Au over 13.72m
Flume
2020/2019 Tectonic Drill Hole
Historical Drill Hole
Au in Soil Contour> 100 ppb
50 - 100 ppb
20 – 50 ppb
Au in Rock
> 5 g/t1.0 - 5.0 g/t0.2 - 1.0 g/t
< 0.2 g/t
Seventymile Property
Flume
BonanzaDeep Creek
Ptarmigan Hill
FlandersAlder
Mogul Bluff
Bonanza1.37 g/t Au over 19.81m
inc. 3.01g/t Au over 4.47m1.34 g/t Au over 44.2m*
Flume4.05g/t over 3.65m*
2.08g/t over 10.37m*
21.5 g/t Au in rock
5 km
N
Flume-Bonanza – 2020 drilling validates >3 km long prospective gold-bearing structural contactBonanza – 200m of mineralized strike; new blind mineralization discovered in shallow drilling Opportunity to test >3km long mineralized trendHigh-grade gold observed in drilling and at surface
*Historical drill highlight
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▪ Tibbs: High-grade gold drilled; three types of mineralization now identified‒ Expanded Michigan Zone to 275m of drilled strike
‒ New km long Pogo-like soil anomalies identified
▪ Tibbs now a district-scale opportunity through acquisition of Carrie Creek
▪ Seventymile: Drilling discovers gold, validates Shear Zone Model
▪ 5 surface exploration programs across 5 projects
▪ Mt. Harper property acquired (August 2020)
▪ Maple Leaf property staked; Goodpaster Mining District dataset acquired
▪ $7M raised, including strategic $2M investment by Doyon, Ltd.
▪ OTCQB-listed (TETOF), now DTC eligible
▪ Red Cloud Securities initiates coverage (October 2020)
▪ Community: Supporting the Doyon Foundation through scholarship contributions
2020 MILESTONES
INVEST WITH US.GROW WITH US.
21 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021
TECTONIC VISION, MISSION & CORE VALUES
To be the number one mineral exploration company in the world
OUR MISSIONOUR VISION OUR CORE VALUES
To create transformational wealth for our shareholders by identifying, discovering and advancing world-class gold districts in North America with a commitment to high standards of environmental stewardship and maximizing social and economic benefits to the communities in which we live and operate in.
Passion We love what we do and are committed to the success of our company.
Patience & Perseverance “A winner is just a loser who tried one more time.
~ George M. Moore, Jr.~
Play Big We are dreamers, and as dreamers, we ignore the word impossible and play big. Whether playing big or playing small, the same amount of work is required; the only difference is the level of your insecurity. Why not play big?
FocusFocus is everything.
Integrity, Honesty, Transparency & FairnessIt is the only way to be. Our word is our bond. We do what we say, and live up to the highest standards of fairness and ethical behavior.
AccountabilityWe take responsibility for our actions and are willing to be held accountable. We learn from our experiences and search for continuous improvement.
RespectWe work hard to earn your trust and respect, for everything we do.
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Website
www.tectonicmetals.com
Toll-free1.888.685.8558
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