Tectonic Metals Drills 272 Metres of 0.50 g/t Au and 277 Metres of 0.49 g/t Au; Confirms Bulk-Tonnage Potential at Heap-Leachable Chicken Mountain, Flat Gold Project, Alaska Unconstrained Growth Potential: 3.3 km Drilled Mineralized Strike x 700 m Width x 300 m
Unconstrained Growth Potential: 3.3 km Drilled Mineralized Strike x 700 m Width x 300 m Vertical Depth and Remaining Open in All Directions
100% Drill Success Continues: 191 of 191 Drill Holes Intersecting Gold Mineralization
VANCOUVER, B.C. – February 5, 2026 – Tectonic Metals Inc. (“Tectonic” or the “Company”) (TSX- V: TECT; OTCQB: TETOF) today announced final assay results from the 2025 drill program at Chicken Mountain. Today’s results delivered thick, at or near-surface intercepts that reinforce Chicken Mountain as a bulk-tonnage, heap leachable Reduced Intrusion Related Gold System (“RIRGS”) within the Company's flagship 99,800-acre Flat Gold Project (“Flat”) in Southwest Alaska.
The 2025 drilling program has successfully advanced Chicken Mountain from an exploration target into a kilometre-scale resource growth opportunity, expanding the continuously mineralized footprint and delineating higher-grade corridors that may support potential starter-pit development scenarios.
Tectonic plans to resume drilling in early May 2026, and additional metallurgical test work is now underway, including 2-inch crush heap-leach column tests to investigate the viability of run-of-mine (“ROM”) gold processing. A more detailed news release outlining the Company’s 2026 plans and objectives is expected to be announced in the coming months.
CEO Commentary
“Chicken Mountain demonstrates a combination of scale, continuity and favorable metallurgy in a bulk-tonnage gold system. Unlike narrow vein deposits that rely on selective mining, this style of mineralization has the potential to support simpler, straightforward open-pit development, with broad, continuous zones that begin at surface and remain open in all directions.”
What differentiates Chicken Mountain is the convergence of three key value drivers. First, scale: we’ve defined approximately 3.3 kilometres of mineralized strike to date, with widths approaching 700 metres, while drill testing only a fraction of the mapped intrusive complex. Second, predictability: a 100% drill success rate across 191 holes demonstrates a fertile and strong mineralizing system that can be targeted effectively. Third, metallurgy: previously reported heap- leach recoveries of up to 96%, together with ongoing work evaluating run-of-mine potential, point to a processing profile with meaningful capital and operating advantages.”
“Within this large mineralized, envelope, we’ve identified multiple higher-grade corridors that could represent potential mining starter-pit opportunities. Beyond the intrusion itself, the hornfelsed sedimentary rocks surrounding Chicken Mountain represent an additional, untested and underexplored opportunity. At Black Creek, located 6 km away, drilling intersected 4.50 g/t Au over 48.77 m with 7.79 g/t Au over 24.38 m hosted in hornfels — the same prospective host rock that surrounds Chicken Mountain.”
“As we move forward, our focus is clear: continued step-out drilling to define the ultimate scale of the Chicken mountain RIRGS system, advancing metallurgical work toward a potential run-of-mine flowsheet, and progressing toward a maiden mineral resource estimate. Each of these workstreams is aimed at systematically de-risking Chicken Mountain while preserving its significant growth potential.”
Assay results from 16 drill holes are reported herein – 9 diamond core holes and 7 reverse circulation (“RC”) holes – representing approximately 3,535 metres (“m”) of drilling from the Company’s 18,373 m 2025 program. Drilling targeted step-out expansion and early-stage resource delineation in the central area of the Chicken Mountain intrusion. All assay results from the Companies 2025 drill program are now reported.
Drill Highlights
CMD25-031: Entire Drill Hole Mineralized
- 0.70 g/t Au over 32.00 m, and 15.05 g/t Au over 1.00 m, and 1.14 g/t Au over 19.00 m, all within
0.50 g/t Au over 272.00 m
Diamond core drill hole; total hole length 303.58 m
CMD25-028: Entire Drill Hole Mineralized
- 1.02 g/t Au over 11.00 m, and 1.27 g/t Au over 13.00 m, and 1.16 g/t Au over 12.00 m, within 0.74 g/t Au over 61.00 m, and all within
0.49 g/t Au over 277.55 m
Ended in mineralization; total hole length 327.6 m (diamond core drill hole)
CMD25-021
- 2.20 g/t Au over 14.00 m, within 1.39 g/t Au over 24.00 m, all within
0.44 g/t Au over 192.48 m
Ended in mineralization with the final 5.00 m at 2.45 g/t Au; total hole length 297.48 m (diamond core drill hole)
CMD25-023
- 2.33 g/t Au over 10.00 m, within 1.09 g/t Au over 29.00 m, all within
0.59 g/t Au over 120.00 m
Diamond core drill holes; total hole length 306.63 m
CMD25-019
- 0.82 g/t Au over 52.00 m, and 1.18 g/t Au over 25.00 m, and 0.92 g/t Au over 26.00 m, and 0.92 g/t Au over 29.00 m, all within
0.58 g/t Au over 186.06 m
Diamond drill core total hole length 303.58 m
CMR25-118
- 5.18 g/t Au over 4.57 m, within
2.08 g/t Au over 12.19 m
Ended in in mineralization; total hole 48.77 m (RC drill)
CMD25-018
- 0.86 g/t Au over 23.00 m, and 0.86 g/t Au over 17.00 m, all within
0.49 g/t Au over 141.00 m
Ended in mineralization; total hole length 361.00 m (diamond drill core)
CMD25-025
- 0.77 g/t Au over 22.65 m, all within
0.44 g/t Au over 144.00 m
Ended in mineralization; diamond drill core total hole length 352.96 m
Chicken Mountain Video and Figures
- Video: Please watch a video highlighting the 2025 drilling at Chicken Mountain: Click Here
to View Video
- Maps: Drill plan maps and images can be found below and by clicking here to view: Click
Here to View Plan Maps and Images
2025 Drilling Successfully Transitions Chicken Mountain from Exploration Target into a Multi- kilometre Gold Resource Growth Opportunity
1. Scale & Continuity: Chicken Mountain is interpreted as a Reduced Intrusion-Related Gold System hosted within a receptive monzonitic intrusive complex. Drilling has defined a mineralized envelope measuring 3.3 km in strike, up to 700 m in width, and extending to 300 m vertical depth, see figure 1 and 2.
Multiple drill holes intersect ~275 m of continuous gold mineralization starting at surface and indicating a coherent body of mineralized rock, see figures 5 and 6.
While drilling to date has defined a significant envelope of mineralization, the broader Chicken Mountain system extends well beyond current drilling:
- Gold-in-soil anomaly: ~4.0 km in length
- Mapped intrusive (monzonitic) complex: ~4.5 km × 3.0 km
- Geophysical intrusive footprint: ~6.5 km × 6.0 km
Untested Hornfels Target: The Chicken Mountain intrusion is surrounded by hundreds of metres of hornfels, a baked sedimentary rock that commonly hosts gold in intrusion-related systems. This prospective host rock remains entirely untested at Chicken Mountain but has been validated at Tectonic's Black Creek intrusion target, located 6 km from Chicken Mountain, where recent drilling intersected 4.50 g/t Au over 48.77 m, including 7.79 g/t Au over 24.38 m (see January 29, 2025, news release) confirming the fertility of hornfels units at Flat.
2. Unconstrained Growth Potential: Mineralization remains open in all directions and is constrained only by drilling, not geology.
3. 100% Drill Success Rate Continues: 191 of 191 Chicken Mountain holes intersected gold mineralization.
4. 61% of all drill holes (117 of 191 holes) ended in mineralization, including today’s reported drill holes CMD25-021, which ended in 5.00 m of 2.45 g/t Au, and CMR25-120 which ended in 4.57 m at 1.94 g/t Au implying the ultimate depth and strike of the system have not yet been bracketed.
5. Reduced Exploration Risk: With 100% of the drill holes intersecting mineralization, the exploration risk regarding continuity is reduced. The system appears to be targetable, robust, and pervasive.
6. Higher-Grade Internal Architecture: The identification of higher-grade corridors, 6 in total now across the 3.3 kms of drilled strike, within the broader lower-grade envelope warrants drill follow up, see figure 4. These zones have the potential to represent, mining starter-pit opportunities for early capex payback.
7. Two Strategic Fences Drilled and Reported Today:
- Results reported from two drill fences L1 (4 core holes) and L2 (6 RC and 4 core holes) drilled across the Chicken Mountain intrusion.
- Width of mineralization envelope along both drilled sections is 700 m.
- Core drilling on both sections confirms mineralization to 300 m vertical depth and remains open.
- Multiple holes ended in mineralization (see Tables 1 and 2), supporting potential for downdip and along-strike expansion.
Results Summary
A summary of the results released today for the 7 RC holes are presented by drill section in Table 1, and a summary of the 9 core results are presented in Table 2. Data pertaining to locations of drill holes included in the announcement are presented in Table 3. Full assay results for the 7 RC and 9 core results can be found at this link: Click Here for Full Assay Results.
Chicken Mountain Video and Figures: Please watch a video highlighting the scale and potential of the Chicken Mountain: Click Here to View Video
Drill Plan Maps and Images: Click Here to View. Select images below.
Exploration Outlook 2026
Chicken Mountain/Alpha Bowl Drilling:
- Expansion and targeted drilling of six identified higher-grade corridors for grade-tonnage optimization.
- Systematic step-out drilling to define system limits and test depth extensions.
- Infill drilling to support maiden mineral resource estimate.
Regional Target Testing:
- Follow-up expansion drilling at Black Creek (4.50 g/t Au over 48.77m), Golden Apex and Jam – each representing kilometer-scale intrusive targets.
- Surficial geochemical sampling across the property.
- Demonstrate Flat as a potential district-scale gold camp, not a single-intrusion story.
Technical De-Risking:
- Metallurgical optimization additional testing, including column testing, to evaluate crush size reduction and ROM potential.
- 3D geological, geochemical, and structural modeling to refine drill targeting.
- Continued engagement with independent mineral resource and engineering groups to advance pre-development studies.
To learn more about the 2025 Drill Programs, click here: Tectonic Metals Delivers Record 18,372 Metres Across 125 Drill Holes at Flat Gold Project, Alaska
Figure 1: Oblique view of Chicken Mountain and Alpha Bowl, drill results assays can be viewed at:
CLICK HERE TO VIEW FIGURE 1
Figure 2: Plan View, new drill results assays can be viewed at: CLICK HERE TO VIEW FIGURE 2
Figure 3: Long Section View Looking Northeast, drill results assays can be viewed at: CLICK HERE
TO VIEW FIGURE 3
Figure 4: Plan View of Chicken Mountain, highlighting the higher-grade corridors, drilling lines, drill results assays can be viewed at: CLICK HERE TO VIEW FIGURE 4
Figure 5: Cross Section Looking North of Drilling Line 1, highlighting drill results and higher grade corridors can be viewed at: CLICK HERE TO VIEW FIGURE 5 Figure 6: Cross Section Looking North of Drilling Line 2, highlighting drill results and higher grade corridors can be viewed at: CLICK HERE TO VIEW FIGURE 6
Table 1. Significant Highlights Chicken Mountain RC Drill Results Line 1*
| Hole ID | From (m) | To (m) | Length (m) | Au (g/t) | |
|---|---|---|---|---|---|
| CMR25-114 | 3.05 | 64.01 | 60.96 | 0.52 | |
| RC | including | 13.72 | 59.44 | 45.72 | 0.62 |
| TD=170.69m | with | 25.91 | 48.77 | 22.86 | 0.92 |
| End in Min: Yes | with | 33.53 | 42.67 | 9.14 | 1.47 |
| 80.77 | 97.54 | 16.76 | 0.43 | ||
| including | 82.30 | 83.82 | 1.52 | 1.29 | |
| and including | 88.39 | 97.54 | 9.14 | 0.48 | |
| with | 96.01 | 97.54 | 1.52 | 1.83 | |
| 102.11 | 170.69 | 68.58 | 0.43 | ||
| including | 105.16 | 138.68 | 33.53 | 0.51 | |
| with | 105.16 | 108.20 | 3.05 | 0.70 | |
| and with | 115.82 | 117.35 | 1.52 | 1.06 | |
| and with | 137.16 | 138.68 | 1.52 | 4.20 | |
| and including | 152.40 | 169.16 | 16.76 | 0.52 | |
| with | 163.07 | 164.59 | 1.52 | 1.80 |
*All reported intercepts are reported as downhole lengths, as insufficient data exists to determine true widths. Select composites utilizing 0.10, 0.30 or 0.50 g/t Au cut-off with a maximum 3.2m continuous (two sample) below the cutoff inclusion.
Table 1. Significant Highlights Chicken Mountain RC Drill Results Line 2*
| Hole No. | From (m) | To (m) | Length (m) | Au g/t | |
|---|---|---|---|---|---|
| CMR25-109 | 35.05 | 54.86 | 19.81 | 0.95 | |
| RC | including | 39.62 | 47.24 | 7.62 | 2.17 |
| L2 | |||||
| TD=82.97m | |||||
| End in Min: No | |||||
| CMR25-112 | 33.53 | 54.86 | 21.34 | 0.20 | |
| RC | including | 33.53 | 35.05 | 1.52 | 0.50 |
| L2 | and including | 42.67 | 44.20 | 1.52 | 0.79 |
| TD=68.58m | |||||
| End in Min :No | |||||
| CMR25-115 | 0.00 | 16.76 | 16.76 | 0.20 | |
| RC | including | 6.10 | 7.62 | 1.52 | 0.53 |
| L2 | and including | 15.24 | 16.76 | 1.52 | 0.57 |
| TD=99.06m | |||||
| End in Min: No | 36.58 | 41.15 | 4.57 | 0.35 | |
| 47.24 | 48.77 | 1.52 | 0.62 | ||
| 59.44 | 74.68 | 15.24 | 0.31 | ||
| including | 70.10 | 71.63 | 1.52 | 2.10 | |
| CMR25-117 | 16.76 | 19.81 | 3.05 | 0.92 | |
| RC | including | 16.76 | 18.29 | 1.52 | 1.71 |
| L2 | |||||
| TD=115.82 | 70.10 | 115.82 | 45.72 | 0.33 | |
| End in Min: Yes | including | 77.72 | 80.77 | 3.05 | 0.63 |
| and including | 105.16 | 112.78 | 7.62 | 0.76 | |
| with | 109.73 | 112.78 | 3.05 | 1.44 | |
| CMR25-118 | 0.00 | 12.19 | 12.19 | 2.08 | |
| RC | including | 4.57 | 9.14 | 4.57 | 5.18 |
| L2 | with | 4.57 | 6.10 | 1.52 | 14.35 |
| TD=48.77mm | |||||
| End in Min: No | |||||
| CMR25-120 | 9.14 | 65.53 | 56.39 | 0.45 | |
| RC | including | 24.38 | 25.91 | 1.52 | 3.26 |
| L2 | including | 30.48 | 65.53 | 35.05 | 0.49 |
| TD=124.97m | with | 35.05 | 41.15 | 6.10 | 0.63 |
| End in Min: Yes | and with | 56.39 | 62.48 | 6.10 | 1.11 |
| Final 4.57m @ 1.94 g/t Au | |||||
| 70.10 | 115.82 | 45.72 | 0.50 | ||
| including | 70.10 | 108.20 | 38.10 | 0.53 | |
| with | 73.15 | 86.87 | 13.72 | 0.77 | |
| and with | 94.49 | 103.63 | 9.14 | 0.59 | |
| 120.40 | 147.83 | 27.43 | 0.70 | ||
| including | 120.40 | 121.92 | 1.52 | 5.58 | |
| and including | 141.73 | 147.83 | 6.10 | 1.08 |
*All reported intercepts are reported as downhole lengths, as insufficient data exists to determine true widths. Select composites utilizing 0.10, 0.30 or 0.50 g/t Au cut-off with a maximum 3.2m continuous (two sample) below the cutoff inclusion.
Table 2. Significant Highlights Chicken Mountain Diamond Drill Core Assay Results Line 1*
| Hole ID | From (m) | To (m) | Length (m) | Au (g/t) | |
|---|---|---|---|---|---|
| CMD25-020 | 7.00 | 8.00 | 1.00 | 1.96 | |
| DD | |||||
| TD=230.73 | 14.00 | 23.00 | 9.00 | 1.95 | |
| End in Min: Yes | including | 20.00 | 23.00 | 3.00 | 5.53 |
| with | 20.00 | 21.00 | 1.00 | 16.06 | |
| 29.00 | 39.00 | 10.00 | 0.40 | ||
| including | 31.00 | 38.00 | 7.00 | 0.49 | |
| 66.00 | 69.00 | 3.00 | 0.50 | ||
| 106.00 | 107.00 | 1.00 | 1.20 | ||
| 117.00 | 149.00 | 32.00 | 0.72 | ||
| including | 117.00 | 142.00 | 25.00 | 0.89 | |
| with | 120.00 | 136.00 | 16.00 | 1.09 | |
| 162.00 | 179.00 | 17.00 | 0.56 | ||
| including | 170.00 | 173.00 | 3.00 | 2.56 | |
| 183.00 | 188.00 | 5.00 | 0.34 | ||
| including | 187.00 | 188.00 | 1.00 | 1.21 | |
| 208.00 | 230.73 | 22.73 | 1.41 | ||
| including | 209.00 | 226.00 | 17.00 | 1.81 | |
| with | 221.00 | 226.00 | 5.00 | 4.71 |
| CMD25-025 | 28.00 | 35.00 | 7.00 | 0.36 | |
| DD | including | 32.00 | 34.00 | 2.00 | 0.80 |
| L1 | |||||
| TD=352.96m | 78.00 | 90.00 | 12.00 | 1.48 | |
| End in Min: Yes | including | 79.00 | 83.00 | 4.00 | 4.07 |
| with | 81.00 | 82.00 | 1.00 | 14.91 | |
| 108.00 | 114.00 | 6.00 | 0.43 | ||
| including | 109.00 | 112.00 | 3.00 | 0.73 | |
| 136.00 | 280.00 | 144.00 | 0.44 | ||
| including | 156.35 | 195.00 | 38.65 | 0.64 | |
| with | 156.35 | 179.00 | 22.65 | 0.77 | |
| with | 161.00 | 173.00 | 12.00 | 0.92 | |
| and with | 188.00 | 195.00 | 7.00 | 0.60 | |
| and including | 213.00 | 215.00 | 2.00 | 0.59 | |
| and including | 219.00 | 229.00 | 10.00 | 0.62 | |
| and including | 263.00 | 264.00 | 1.00 | 1.47 | |
| with | 268.00 | 269.00 | 1.00 | 1.33 | |
| 285.00 | 339.00 | 54.00 | 0.25 | ||
| including | 325.00 | 332.00 | 7.00 | 0.55 | |
| 337.00 | 338.00 | 1.00 | 1.40 | ||
| 343.00 | 351.00 | 8.00 | 0.37 | ||
| including | 348.00 | 349.00 | 1.00 | 1.46 | |
| CMD25-28 | 0.45 | 278.00 | 277.55 | 0.49 | |
| DD | and including | 5.00 | 8.00 | 3.00 | 0.61 |
| L1 | and including | 15.00 | 19.00 | 4.00 | 0.79 |
| TD=327.96 | with | 52.00 | 70.00 | 18.00 | 0.83 |
| End in Min: Yes | or with | 52.00 | 63.00 | 11.00 | 1.02 |
| and with | 76.00 | 78.00 | 2.00 | 1.63 | |
| and including | 86.00 | 99.00 | 13.00 | 0.67 | |
| with | 88.00 | 92.00 | 4.00 | 1.09 | |
| and with | 96.00 | 98.00 | 2.00 | 0.96 | |
| and including | 108.00 | 124.00 | 16.00 | 0.69 | |
| with | 109.00 | 115.00 | 6.00 | 1.31 | |
| and including | 128.00 | 131.00 | 3.00 | 0.77 | |
| with | 130.00 | 131.00 | 1.00 | 1.84 | |
| and including | 139.00 | 152.00 | 13.00 | 1.27 |