A SHIFT IN THE GAME - Tectonic Metals · Eric Buitenhuis, M.Sc., P.Geo., Vice President Exploration...

1 | CORPORATE PRESENTATION | TECT: TSX-V | TECTONICMETALS.COM | APRIL 2020

A SHIFT IN THE GAMECOMMITTED TO CREATING VALUE FOR OUR SHAREHOLDERS

APRIL 2020TECT: TSX-V


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 developme nt 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 t iming 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 pric es; 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 antic ipated 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 differentfrom 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 gene ral 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 Com pany'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 sampli ng 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 sample s 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”) drill ing, 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 val ues (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.


▪ New drill discovery: 6.03 g/t Au over 28.95m near world-class operating mine

▪ Milestone, strategic investment by one of Alaska’s largest Native Regional Corporations, Doyon, Ltd.

▪ Opportunities for meaningful gold discoveries: Tectonic secured one of the few remaining underexplored greenstone belts left in North America

▪ Team with a track record of value creation, invested with our shareholders

▪ Unique and innovative approach to the exploration business and risk management

A SHIFT IN THE GAME…

THE KAMINAK TEAM IS BACK WITH NEW DRILLED GOLD DISCOVERY AND LANDMARK PARTNERSHIP


A COMPANY BUILT AROUND A TEAM

EXPERIENCED TECHNICAL AND FINANCIAL TEAM WITH A TRACK RECORD OF WEALTH CREATION FOR SHAREHOLDERS

KEY PEOPLE BEHIND KAMINAK GOLD CORPORATION THAT RAISED $165M TO FUND THE ACQUISITION, DISCOVERY AND ADVANCEMENT OF THE COFFEE GOLD PROJECT THROUGH TO A BANKABLE FEASIBILITY STUDY RESULTING IN THE SALE OF THE COMPANY FOR $520M ARE BACK WITH TECTONIC Eira Thomas

Founder, Strategic Advisor

Tony RedaPresident & CEO, Director & Founder

Rob Carpenter, Ph.D., P.Geo, Founder & Technical Advisor

Curtis J. Freeman Director & Founder

Krysta Rehaag, CPA, CA, CFAChief Financial Officer

Eric Buitenhuis,M.Sc., P.Geo,Vice President, Exploration

Mel Benson Chairman

Michael W. (Mick) Roper Director

Allison Rippin Armstrong Director


OUR BUSINESS MODEL – PLAY BIG

PART I PART II

Target Discovery-Stage, District Scale Opportunities

Manage Risk

▪ 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

▪ Always maintain optionality, including:− Drilling our own projects − Business transactions− Strategic alliances− Joint-venture strategy

▪ Risk vs. reward vs. cost of capital assessment determines next steps on projects

▪ All projects have a defined 3-year plan with annual deliverables

OBJECTIVE: Create transformational wealth for our shareholders by identifying, discovering and advancing world-class gold districts in safe, politically stable, pro-mining jurisdictions


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


CAPITAL STRUCTUREAS OF APRIL 2020

Shares Outstanding 65,226,675

Fully Diluted 91,720,505

Cash on hand (Dec. 31/19) $1,791,241

Doyon Cash Investment $2,094,600

Debt None

Insider Warrants Outstanding 720,000 @ $0.10 (Expires: June 16, 2022); 3,380,000 @ $0.25 (Expires: June 16, 2022)

Warrants Outstanding227,936 @ $0.35 (Expires: July 12, 2021); 235,978 @ $0.35 (Expires: September 26, 2021)

6,880,798 @ $0.50 (Expires: July 12, 2021); 9,812,618 @ $0.50 (Expires: September 26, 2021)

5,236,500 @ $0.40 (Expires: April 17, 2022)

Insider Options Outstanding Nil


UNDILUTED SHARE OWNERSHIP

Retail Investors*

14%

High Net Worth Investors*

19%

Institutions & Funds19%

Tectonic Team31%

TECTONICOWNERSHIP

Doyon, Ltd.

16%(22.3% partially diluted ownership)

*Liquid Public Float

21,598,237 shares at a $0.35 per share cost base

Institutions & Funds

RCF Opportunities 7.1% undiluted & 8.4% partially diluted ownership at a $0.35 per share cost base

Most Recent Financings

2020: $2.1M Raised ($0.20 Unit = 1 common share + 1 half 2-year warrant @ $0.40)

2019: $5.8M Raised($0.35 Unit = 1 common share + 1 full 2-year warrant @ $0.50)

TECTONICOWNERSHIP


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

▪ 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

LWM

TetlinOreo Mnt

Taurus

White GoldCoffee

Casino Minto

Carmacks CopperRevenue/Nucleus

Eagle Gold Mine

Rackla

Keno Hill

Stewart Crossing

Beaver Creek

Mayo

Pel ly Crossing

Dawson

Eagle

Tok

Fairbanks

Plateau

Faro

Oreo MntOreo Mnt

Tectonic Project

Brink

Uncle Sam

ALASKA YUKON

Kilometers

0 100

EagleEagleSeventymile

Pogo

LWMLWMLWMLWM

PogoPogo

LWMLWMLWMLWM

Tibbs

Tetlin

Northway


GOODPASTER MINING DISTRICT – TIBBS PROJECT

▪ The Goodpaster Mining District is anchored by the world-class Pogo Mine, owned and operated by Northern Star Resources Ltd.

▪ Robust infrastructure, power and active mill

▪ Tectonic’s Tibbs Project boasts high-grade gold mineralization at surface, in trenches and in drilling, < 35kms from the Pogo Mine

▪ Vastly underexplored high-grade gold district in a First World Jurisdiction

GOLD EXPLORATION RUSH IS ON

Pogo

Delta Junction

Tibbs

Northern StarNorthern Star

Northern Star

Kilometers0 25

Goodpaster District

ALASKA YUKON


TIBBS GOLD PROJECT

▪ 21 gold targets currently known

▪ Multiple high-grade gold intercepts in drilling

▪ Visible gold identified at multiple zones

▪ Only 50% of property has been explored

▪ Unglaciated terrain

▪ Tectonic - proven exploration methodology and new thinking

OPPORTUNITY: TECTONIC DRILL DISCOVERY 6.03 G/T AU OVER 28.95M OPEN FOR EXPANSION

*description of QAQC procedures available on slide 2

Kilometers0 2

Michigan6.03 g/t Au over 28.95m2019 Tectonic Dril l Discovery

Gray Lead28.69 g/t Au over 5.4m

Historical Drill Highlight

Lower Trench2.63 g/t Au over 3.4m


Wolverine

Blue Lead1.25 g/t Au over 27.89m


Upper Trench0.51 g/t over 12.20m

2019 Tectonic Dril l Discovery

Hilltop/Oscar2.35 g/t Au over 6.10m2019 Tectonic Dril l Discovery


989.6 g/t Au rock

172.3 g/t Au rock

TIBBS PROJECT – MICHIGAN ZONE

▪ 2018: Tectonic uncovers historic Stone Boy JV (Sumitomo/Teck/WGM) trench map indicating strike and dip of vein (72o NW)

▪ 2018: Tectonic mapping, trenching and interpretation aligns with Stone Boy trench map and suggests historical 2011 drilling was parallel to mineralization and did not test the main structure

▪ 2019: Tectonic executes first ever drill program and drills 6.03 g/t Au over 28.95m – the M1 Structure

▪ >1km long newly interpreted Deformation Zone defined by high grade gold in drill core, rock samples (trace to 980 g/t Au), soils and prominent lineaments bounding the deformation zone

▪ Michigan Zone has scale, width and grade and will be a key focus in 2020

TECTONIC DRILLS: 6.03 G/T AU OVER 28.95M

*Trench interva l – true width uncertain *description of QAQC procedures available on slide 2

ROB1101

ROB1102

ROB1103

Tectonic DiscoveryM1 Structure (TRB19-003)6.03 g/t Au over 28.95m

2018 Tectonic Trench11.5 g/t Au

over 3.3m (open)

Newly Interpreted Deformation Zone

> 1km

ROB1103

2.58 g/t Au over 9.14m Historical DDH ended in

mineralizationmineralizationmineralization

7.04 g/t Au over 3.51m Historical DDH

ROB1102


ROB1102

Historical DDH


Stone Boy Historic Trench Structure Dips 72o NW

over 3.3m (open)over 3.3m (open)

86.8 g/t Au rock

29.83 g/t Au rock

ROB1101

WolverineLower/Upper Trench

Michigan

Gray LeadOscar Hilltop

Blue Lead

Tibbs Property

Meters0 100



▪ Tectonic drills fence of angled RAB holes (2019) on 50m spacing to test the newly interpreted, broad deformation zone and 2018 Tectonic trench result of 11.5 g/t Au over 3.3m (open to southeast)

▪ Tectonic executes first ever drill program at Michigan in 2019, all four drill holes intersect gold and Tectonic discovers the M1 Structure:‒ 6.03 g/t Au over 28.95m (TBRB19-003) • including 12.3 g/t Au over 4.57m • and 9.25 g/t Au over 3.05m• and 14.3 g/t Au over 1.52m • and 35.2 g/t Au over 1.52m

▪ Multiple phases of structurally controlled gold mineralization, both vein-hosted and disseminated, illustrates the potential of the Michigan zone

2019 DRILL CROSS SECTION

M1 Structure

6.03 g/t Au over 28.95m

0.39 g/t Au over 6.09m0.39 g/t Au over 6.09m

1.41 g/t Au over 4.57m





1.41 g/t Au over 4.57m1.41 g/t Au over 4.57m1.41 g/t Au over 4.57m



TBRB19-003TBRB19-004

TBRB19-001

TBRB19-002

TRBB19-004TBRB19-003TBRB19-001

TBRB19-002

ROB1102MI18-03

Meters

0 100

Meters

0 100

50m

50m

Trench MI18-03 11.5 g/t Au over 3.3m

Ended in Mineralization and open to SE

MICHIGANMICHIGANPLAN MAP

Cross Section Looking Northeast



▪ Historical drill hole ROB1102 drilled from the opposite orientation, subparallel to the M1 Structure

▪ ROB1102 shut down in mineralization at 250m vertical depth and mineralization remains open ‒ Intersected 57.1 g/t Au over 1.52m, 7.04 g/t Au over 3.51m and 2.58 g/t

Au over 9.14m at end of hole; OPEN AT DEPTH

▪ ROB1102 indicates the potential for expansion of the M1 Structure along strike and at depth with high-grade gold potential

HISTORICAL CROSS SECTION 30M NORTHEAST OF M1 STRUCTURE

M1 Structure

2.58 g/t Au over 9.14m Open at Depth

(at 250m vertical depth)



ROB110250m

50m

TBRB19-004TBRB19-003TBRB19-001

TBRB19-002

ROB1102MI18-03

Meters

0 100

Meters

0 100

MICHIGANMICHIGANPLAN MAP

250m

bel

ow s

urfa

ce 57.1 g/t Au over 1.52m

Cross Section Looking Northeast


TIBBS PROJECT – EXPLORATION UPSIDE

▪ Michigan, Upper/Lower Trench and Wolverine Zones are genetically the same with identical:‒ Au-As-Sb geochemical signatures ‒ Granodioritic host rocks‒ Northeast-trending lineaments

▪ Mineralization in Upper Trench discovery hole is identical to Michigan discovery hole (M1 Structure)

▪ Structural analysis indicates that all three zones were originally connected as a single, >3km long structure

▪ Michigan and Upper Trench structures both interpreted to dip steeply to the northwest; therefore, Wolverine and Lower Trench historical drilling did not properly test the targets

▪ Visible gold found in many rock samples at Upper Trench and Michigan

▪ Wolverine is the largest, highest tenor soil anomaly on the Tibbs property, and was not properly drill tested

THREE MINERALIZED ZONES ONCE CONNECTED Wolverine

UpperTrench

LowerTrench

Michigan

1.385 g/t Au soil

(Interpreted)


Michigan


Blue Lead

Tibbs Property

Meters0 500

Tectonic Discovery 6.03 g/t Au over 28.95m

UpperTrench

Tectonic Discovery0.51 g/t Au over 12.2m0.51 g/t Au over 12.2m0.51 g/t Au over 12.2m

135 g/t Au rock sample with VG

MichiganMichigan

989.6 g/t Au rock


TIBBS PROJECT – GRAY LEAD ZONE

▪ Historic shallow drilling by Sumitomo delineates 250m of strike at Gray Lead Zone‒ Sumitomo attempted to trace the high-grade Gray Lead vein north;

however, drilling was unsuccessful‒ Gray Lead remains open at depth and only drilled to 100m vertical

▪ Tectonic interpretation: Gray Lead vein is offset to east, beyond limits of historic drilling

▪ 2019: Tectonic drills 2.35 g/t Au over 6.1m in TBRB19-013 at the Hilltop/Oscar target

▪ Gold hosted by quartz vein with Au-As-Sb-Bi-W geochemical signature identical to Pogo style mineralization

▪ The Hilltop/Oscar target may represent the northern, offset extension of the historic Gray Lead vein

▪ Follow-up drilling required

HILLTOP/OSCAR – NORTHERN EXTENSION OF GRAY LEAD?

*Trench interva l – true width uncertain *description of QAQC procedures available on slide 2 *Trench interva l true width uncertain *description of QAQC procedures available on slide 2

OSCAR / HILLTOP

GRAY LEAD

37.2 g/t Au rock

28.69 g/t over 5.40m Historical Drilling

28.69 g/t over 5.40m 28.69 g/t over 5.40m

16.42 g/t over 1.98m Historical DrillingHis torical Drilling

16.42 g/t over 1.98m

19.14 g/t over 5.70m Historical Drilling

Fault (Interpreted)


Michigan


Blue Lead

Tibbs Property

Meters0 100

OSCAR / HILLTOPOSCAR / HILLTOP

Tectonic DiscoveryTBRB19-013


19.14 g/t over 5.70m 19.14 g/t over 5.70m 19.14 g/t over 5.70m

70.3 g/t Au rock

53.2 g/t Au rock2018 Tectonic Trench


TBRB19-0132.35 g/t Au over 6.1m

2018 Tectonic



TARGETING HIGH-GRADE MINERAL DISTRICTS

▪ Tectonic – Doyon Partnership ‒ Doyon, Limited – top tier Alaska Native regional

corporation with 12.5M acres of land, 19,800 shareholders and a 20-year history of mineral, oil and gas exploration agreements with both junior and senior companies

‒ Doyon powerful economic driver in Alaskan Interior ‒ Projects located on Native Owned Land ‒ Secured land tenure; fee simple land‒ Exploration and Production Lease Agreements

Signed in 2018‒ Milestone agreement covering all aspects of exploration,

development, production and royalties

▪ Tectonic first company in almost 20 years to explore both properties

▪ Massive districts > 150,000 acres in size

SEVENTYMILE AND NORTHWAY PROJECTS

LWM

TetlinTetlin(Royal Gold & Contango ORE)

White Gold

CoffeeCasino

(Freeport(Freeport-(Freeport McMoRan)(Freeport(Freeport(Freeport-McMoRan)Tanacross

Oreo Mtn

ALASKA YUKON

Dawson

ALASKA

YUKONAnchorage Whitehorse

(Northern Star)(Northern Star)Pogo

Seventymile

Tibbs

Northway

Kilometers0 100(Royal Gold & Contango ORE)

Tectonic Property


SEVENTYMILE PROJECT – 40KM LONG GOLD BELT

▪ Project de-risked: formal production agreement with top-tier Alaska Native Regional Corporation (Doyon, Ltd.)

▪ Large underexplored greenstone belt located in a First World jurisdiction: dormant for 20 years, until now

▪ Multiple styles of gold mineralization along the belt: orogenic and epithermal

▪ Belt defined by multiple surface anomalies (soil and rock incl.VG) and high-grade gold in historical drill core

▪ Historic explorers applied a California Mother Lode model targeting mafic-ultramafic rock contacts

▪ Tectonic is applying a high-grade gold shear zone model to previously untested, sheared mafic-volcanosedimentary rock contacts - highly favourable targets in greenstone belts known for hosting large-scale gold deposits

THE OPPORTUNITY: UNDEREXPLORED GREENSTONE BELT IN TIER 1 JURISDICTION

Kms0 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)


SEVENTYMILE PROJECT

▪ 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 drill tested at Seventymile incl. Flanders Zone

HIGH-GRADE GOLD SHEAR ZONE MODEL

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?


SEVENTYMILE PROJECT

▪ Historic shovel soil sampling works in most areas except in frozen, permafrost-rich ground, and therefore, cannot always be relied upon

▪ Historic drilling at Flanders Zone identified two, low-angle quartz-carbonate veins with visible gold, which Tectonic interprets as tension gash veins controlled by a shear zone

▪ Tectonic believes that the shear zone is a conduit for mineralization that was overlooked and never drill tested

HISTORICAL WORK – FLANDERS ZONE

Alder Zone

Deep Creek

East FlandersEast Flanders

UNTESTED SHEAR ZONE

Historical shovel soil Sample – spot anomaly in permafrost (325 ppb Au)

Flanders Zone2.0 g/t Au over 8.67m187.9 g/t Au over 1.1m12.0 g/t Au over 1.31m7.8 g/t Au over 4.87m

(Historic Drilling) Flanders

Historical shovel soil Sample spot anomaly in

UNTESTED SHEAR ZONE

Meters0 300

Flanders Zone

HISTORICAL SHOVEL SOIL GEOCHEMISTRY

Deep CreekShear Zone contains

permafrost –therefore historic

shovel samples not always effective


SEVENTYMILE PROJECT TECTONIC VALIDATES SHEAR ZONE POTENTIAL

TECTONIC SOIL AND GEOPROBE SAMPLING + HISTORICAL WORKTECTONIC SOIL AND GEOPROBE SAMPLING + HISTORICAL WORKTECTONIC SOIL AND GEOPROBE SAMPLING + HISTORICAL WORK

Rock Au g/t Bedrock Au g/t

Soil Au ppb Auger Au ppm

Alder Zone

Deep Creek

Meters

0 300

Flanders

Flanders Zone▪ Tectonic applies new tools and validates Shear Zone Model at Flanders Zone:‒ 2018 MIDAS mag survey‒ 2018 & 2019 Power Auger soil sampling‒ 2019 Geoprobe (top-of-bedrock) sampling

▪ Tectonic delineates new, robust soil and bedrock gold anomalies along interpreted shear zone where most historic shovel soil samples returned no significant values

▪ The newly-identified, interpreted shear zone is >3kms long and a priority drill target in 2020

UNTESTED SHEAR ZONE

Tectonic’s High Tenor Geoprobe + Auger Soil

Anomaly in permafrost-rich shear zone

Flanders

Flanders Zone2.0 g/t Au over 8.67m187.9 g/t Au over 1.1m12.0 g/t Au over 1.31m7.8 g/t Au over 4.87m

(Historic Drilling)

UNTESTED SHEAR ZONE

East Flanders


SEVENTYMILE PROJECT

▪ Historical shovel samples at Flume/Bonanza Link were not able to penetrate through permafrost, and therefore, not successful at delineating surface mineralization

▪ Tectonic uses new tools (Geoprobe top-of-bedrock and Power Auger soil sampling) which penetrate permafrost, and successfully delineates multiple high-tenor anomalies along a prospective contact known to host bedrock mineralization at the Flume and Bonanza Zones

▪ >3km of untested, prospective ground/lithological contact at the Flume-Bonanza Link‒ Limited historic drilling indicates broad shear

structures possible: 1.34 g/t Au over 44.2m at Bonanza

▪ High-priority structures remain untested

TECTONIC CONNECTS FLUME ZONE TO BONANZA ZONE

Bedrock Au g/tRock Au g/t

Soil Au ppb Auger Au ppm

Bonanza Zone1.34 g/t Au over 44.2m

(open along strike and at depth(historic drilling)

Flume Zone2.78 g/t Au over 7.32m

(historic drilling)

Untested Contacts

Meters0 500

New Zone: Flume / Bonanza LinkTectonic’s High Tenor Geoprobe + Auger Soil

Anomaly along key lithological contact


▪ Built a team with a track record of wealth creation for their shareholders and stakeholders

▪ Moved into Alaska & the Yukon and acquired four projects▪ Formed two, innovative Exploration-to-Production Lease Agreements with one

of Alaska’s largest Native Regional Corporations, Doyon, Ltd.

▪ Advanced three projects to the drill ready stage▪ Completed two drill programs ▪ Drilled three discoveries ▪ Launched Tectonic into the public market ▪ Raised $15M incl. a milestone, strategic financing making Doyon Tectonic’s

largest single shareholder

IN JUST TWO YEARS, TECTONIC:

EXECUTION IS EVERYTHING.TIME IS MONEY.


WE'RE ALL IN.over $1.2M31%100% Tectonic

Team Investment

Tectonic Team Ownership (undiluted)

dedicated team committed to creating value for you, the shareholder


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.


Websitewww.tectonicmetals.com

[email protected]

Toll-free1.888.858.9887TECT: TSX-V

A SHIFT IN THE GAME - Tectonic Metals · Eric Buitenhuis, M.Sc., P.Geo., Vice President Exploration...

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Transcript of A SHIFT IN THE GAME - Tectonic Metals · Eric Buitenhuis, M.Sc., P.Geo., Vice President Exploration...