
Drilling Also Returns 0.51 g/t Au Over 118.16 Metres of Continuous Mineralization to End of Hole; Step-Out Drilling Expands Southern Mineralized Footprint by 200 Metres to 600 Metres
Assays Pending from 97 Drill Holes Representing 18,000 Metres of 2026 Drilling; Maiden Mineral Resource Estimate Targeted for Q1 2027
Tectonic Metals Inc. (TSX-V: TECT) (OTCQX: TETOF) announced the first assay results from its 2026 drill program at Chicken Mountain, the most advanced intrusion target at the Company’s flagship 99,840-acre Flat Gold Project in southwest Alaska, U.S. The results from 15 drill holes totalling 2,276 metres have expanded gold mineralization both at depth and to the south, further substantiating Chicken Mountain as a bulk-tonnage Reduced Intrusion Related Gold System, with potential for heap-leach processing.
Chicken Mountain is one of six district-scale intrusion targets currently identified at Flat and is being advanced toward a maiden Mineral Resource Estimate targeted for Q1 2027.
Key Drill Results & Geological Highlights1
The 2026 drill program at Flat has completed over 22,000 m year-to-date, with assay results from 15 holes totalling 2,276 m reported in this release. These results extend gold mineralization in two priority areas at Chicken Mountain: Central Corridor 2, one of six higher-grade corridors identified across 3.3 kilometres of drilled strike; and the southern extension of the near-surface mineralized footprint.
Maps and Multimedia
Tony Reda, Co-Founder, President & CEO, commented:
“Drilling at Chicken Mountain continues to answer the questions that matter at this stage: does the mineralization continue at depth, does the footprint keep growing and can higher grades recur within the broader system? These first 2026 results provide encouraging evidence on all three fronts.
“Every one of the 206 holes reported to date at Chicken Mountain has intersected gold, and over 60% have ended in mineralization. We are combining disciplined resource-delineation drilling with structural interpretation, geochemistry, environmental baseline work and geotechnical studies to evaluate Chicken Mountain’s potential as a large-scale, open-pit, heap-leach gold opportunity while substantial exploration upside remains across Flat and its other intrusion targets.”
Figure 1: Simplified regional geology map of the Flat Gold Project and map of the Chicken Mountain intrusion drilling area, highlighting the six identified higher-grade corridors.

Chicken Mountain: In Pursuit of a Heap-Leachable Bulk-Tonnage Mining Opportunity
Chicken Mountain is interpreted as a RIRGS, hosted by a monzonitic intrusive complex. Gold mineralization occurs in sericite-altered and variably oxidized monzonite containing sheeted, millimetre- to centimetre-scale quartz to quartz-carbonate veinlets. Drilling has outlined a mineralized footprint extending 3.3 km along strike, up to 700 m wide and to 300 m vertical depth (see Figure 2). Mineralization remains open in all directions.
Tectonic is using oriented-core structural measurements, alteration and vein-density observations, and multi-element geochemistry to refine the geological model, define the controls on higher-grade mineralization and prioritize follow-up drilling. This integrated work is intended to improve confidence in the geometry and grade distribution of the broader mineralized envelope and its internal higher-grade corridors.
The 15 holes reported in this release represent 2,276 m of step-out and early-stage resource-delineation drilling at Chicken Mountain. Assays remain pending from 97 additional drill holes representing nearly 18,000 m of 2026 drilling. Results from regional soil sampling are also pending and will be used to refine targets beyond the current drilled footprint. Environmental baseline, geochemical and geotechnical programs are advancing in parallel as the Company works toward its maiden MRE targeted for Q1 2027.
Figure 2: Chicken Mountain plan view and long section showing the mineralized drill results, 3.3 km drilled strike extent and gold-in-soil anomalism.

Figure 3: Chicken Mountain drill plan highlighting three of the six interpreted higher-grade corridors.

Figure 4: Cross section L1-L1′, looking north, showing CMD26-036 and mineralization across a 500 m-wide section.

Table 1 – 2026 Chicken Mountain Diamond Drill Hole Assay Results
| Hole ID | From (m) | To (m) | Length (m) | Au (g/t) | |
| CMD26-036 | 20.00 | 24.50 | 4.50 | 0.24 | |
| Total Depth = 388.16 m | 35.00 | 39.50 | 4.50 | 0.52 | |
| End in Min: Yes | |||||
| 77.00 | 84.50 | 7.50 | 0.09 | ||
| 89.00 | 90.50 | 1.50 | 0.59 | ||
| 105.50 | 125.00 | 19.50 | 0.36 | ||
| including | 108.50 | 119.00 | 10.50 | 0.53 | |
| 137.00 | 143.00 | 6.00 | 1.71 | ||
| including | 141.50 | 143.00 | 1.50 | 4.25 | |
| 150.50 | 178.50 | 28.00 | 0.43 | ||
| including | 150.50 | 152.00 | 1.50 | 2.41 | |
| and including | 177.00 | 178.50 | 1.50 | 1.85 | |
| 183.00 | 213.00 | 30.00 | 1.40 | ||
| including | 183.00 | 187.50 | 4.50 | 4.58 | |
| and including | 193.50 | 202.50 | 9.00 | 1.77 | |
| 219.00 | 238.50 | 19.50 | 0.42 | ||
| including | 219.00 | 223.50 | 4.50 | 1.49 | |
| 243.00 | 265.50 | 22.50 | 0.22 | ||
| 270.00 | 388.16 | 118.16 | 0.51 | ||
| including | 270.00 | 289.50 | 19.50 | 0.93 | |
| with | 273.00 | 288.00 | 15.00 | 1.03 | |
| and including | 306.00 | 319.50 | 13.50 | 0.43 | |
| with | 310.50 | 315.00 | 4.50 | 0.67 | |
| and including | 328.50 | 336.00 | 7.50 | 1.42 | |
| with | 328.50 | 331.50 | 3.00 | 2.79 | |
| and including | 357.00 | 388.16 | 31.16 | 0.56 | |
| with | 364.50 | 367.50 | 3.00 | 1.40 | |
| and with | 376.50 | 378.00 | 1.50 | 3.41 |
Note: 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-offs, with a maximum 3.2 m continuous (two sample) below the cut-off inclusion.
Table 2 – 2026 Chicken Mountain RC Hole Assay Results
| Hole ID | From (m) | To (m) | Length (m) | Au (g/t) | |
| CMR26-127 | 7.62 | 18.29 | 10.67 | 0.96 | |
| TD = 144.78 m | including | 7.62 | 9.14 | 1.52 | 5.89 |
| End in Min: Yes | |||||
| 22.86 | 24.38 | 1.52 | 1.40 | ||
| 32.00 | 67.06 | 35.05 | 0.24 | ||
| including | 32.00 | 39.62 | 7.62 | 0.63 | |
| with | 32.00 | 33.53 | 1.52 | 2.28 | |
| 100.58 | 105.16 | 4.57 | 0.15 | ||
| 117.35 | 126.49 | 9.14 | 0.54 | ||
| including | 117.35 | 124.97 | 7.62 | 0.63 | |
| with | 117.35 | 118.87 | 1.52 | 2.26 | |
| 141.73 | 144.78 | 3.05 | 0.12 | ||
| CMR26-128 | 9.14 | 13.72 | 4.57 | 0.10 | |
| TD = 111.25 m | |||||
| End in Min: Yes | 18.29 | 24.38 | 6.10 | 0.16 | |
| 35.05 | 42.67 | 7.62 | 0.14 | ||
| including | 41.15 | 42.67 | 1.52 | 0.45 | |
| 59.44 | 82.30 | 22.86 | 0.71 | ||
| and including | 77.72 | 79.25 | 1.52 | 6.79 | |
| 89.92 | 111.25 | 21.34 | 0.14 | ||
| CMR26-129 | 7.62 | 9.14 | 1.52 | 1.35 | |
| TD = 169.16 m | |||||
| End in Min: Yes | 39.62 | 42.67 | 3.05 | 0.46 | |
| 85.34 | 94.49 | 9.14 | 0.15 | ||
| 105.16 | 111.25 | 6.10 | 0.09 | ||
| 123.44 | 131.06 | 7.62 | 0.18 | ||
| 135.64 | 141.73 | 6.10 | 0.10 | ||
| 166.12 | 169.16 | 3.05 | 0.68 | ||
| including | 166.12 | 167.64 | 1.52 | 1.25 | |
| CMR26-130 | 9.14 | 13.72 | 4.57 | 0.39 | |
| TD = 147.83 m | including | 12.19 | 13.72 | 1.52 | 0.88 |
| End in Min: Yes | |||||
| 36.58 | 41.15 | 4.57 | 0.30 | ||
| 67.06 | 73.15 | 6.10 | 0.12 | ||
| 79.25 | 83.82 | 4.57 | 0.15 | ||
| 88.39 | 91.44 | 3.05 | 0.12 | ||
| 106.68 | 109.73 | 3.05 | 0.13 | ||
| 121.92 | 140.21 | 18.29 | 0.21 | ||
| including | 123.44 | 129.54 | 6.10 | 0.41 | |
| CMR26-131 | 0.00 | 19.81 | 19.81 | 0.15 | |
| TD = 111.25 m | including | 9.14 | 10.67 | 1.52 | 0.56 |
| End in Min: Yes | |||||
| 45.72 | 47.24 | 1.52 | 0.56 | ||
| 70.10 | 73.15 | 3.05 | 0.24 | ||
| 88.39 | 111.25 | 22.86 | 0.38 | ||
| including | 88.39 | 102.11 | 13.72 | 0.43 | |
| with | 88.39 | 89.92 | 1.52 | 2.98 | |
| including | 108.20 | 111.25 | 3.05 | 0.53 | |
| CMR26-132 | 1.52 | 7.62 | 6.10 | 1.10 | |
| TD = 111.25 m | including | 3.05 | 7.62 | 4.57 | 1.41 |
| End in Min: No | |||||
| 16.76 | 22.86 | 6.10 | 0.36 | ||
| 28.96 | 44.20 | 15.24 | 0.18 | ||
| including | 32.00 | 36.58 | 4.57 | 0.31 | |
| 60.96 | 67.06 | 6.10 | 0.21 | ||
| including | 65.53 | 67.06 | 1.52 | 0.50 | |
| CMR26-133 | 4.57 | 6.10 | 1.52 | 0.38 | |
| TD = 164.59 m | |||||
| End in Min: Yes | 18.29 | 19.81 | 1.52 | 0.42 | |
| 33.53 | 36.58 | 3.05 | 0.20 | ||
| 70.10 | 77.72 | 7.62 | 0.15 | ||
| 86.87 | 94.49 | 7.62 | 0.11 | ||
| 106.68 | 112.78 | 6.10 | 0.24 | ||
| 118.87 | 124.97 | 6.10 | 0.10 | ||
| 129.54 | 158.50 | 28.96 | 0.17 | ||
| CMR26-134 | 38.10 | 44.20 | 6.10 | 0.16 | |
| TD = 94.49 m | |||||
| End in Min: No | 70.10 | 73.15 | 3.05 | 0.10 | |
| 80.77 | 85.34 | 4.57 | 0.08 | ||
| 89.92 | 94.49 | 4.57 | 0.13 | ||
| CMR26-135 | 25.91 | 28.96 | 3.05 | 0.12 | |
| TD = 128.02 m | |||||
| End in Min: Yes | 38.10 | 51.82 | 13.72 | 0.10 | |
| 60.96 | 70.10 | 9.14 | 0.15 | ||
| 99.06 | 106.68 | 7.62 | 0.15 | ||
| 114.30 | 128.02 | 13.72 | 0.20 | ||
| including | 120.40 | 121.92 | 1.52 | 0.87 | |
| CMR26-136 | 10.67 | 15.24 | 4.57 | 0.38 | |
| TD =1 21.92 m | |||||
| End in Min: No | 65.53 | 88.39 | 22.86 | 0.19 | |
| including | 82.30 | 83.82 | 1.52 | 0.45 | |
| 92.96 | 120.40 | 27.43 | 0.20 | ||
| including | 96.01 | 97.54 | 1.52 | 0.75 | |
| and including | 108.20 | 109.73 | 1.52 | 0.55 | |
| and including | 118.87 | 120.40 | 1.52 | 0.57 | |
| CMR26-137 | 0.00 | 9.14 | 9.14 | 0.13 | |
| TD = 149.35 m | |||||
| End in Min: No | 39.62 | 99.06 | 59.44 | 0.16 | |
| including | 57.91 | 62.48 | 4.57 | 0.40 | |
| 105.16 | 114.30 | 9.14 | 0.41 | ||
| including | 111.25 | 112.78 | 1.52 | 2.01 | |
| 132.59 | 135.64 | 3.05 | 0.66 | ||
| 140.21 | 146.30 | 6.10 | 0.11 | ||
| CMR26-138 | 3.05 | 16.76 | 13.72 | 0.10 | |
| TD = 118.87 m | |||||
| End in Min: Yes | 21.34 | 27.43 | 6.10 | 0.25 | |
| including | 21.34 | 22.86 | 1.52 | 0.68 | |
| 36.58 | 60.96 | 24.38 | 0.14 | ||
| including | 59.44 | 60.96 | 1.52 | 0.66 | |
| 67.06 | 79.25 | 12.19 | 0.21 | ||
| including | 68.58 | 70.10 | 1.52 | 0.63 | |
| 85.34 | 102.11 | 16.76 | 0.20 | ||
| including | 92.96 | 94.49 | 1.52 | 0.66 | |
| CMR26-141 | 35.05 | 39.62 | 4.57 | 0.18 | |
| TD = 172.21 m | |||||
| End in Min: Yes | 48.77 | 50.29 | 1.52 | 0.55 | |
| 54.86 | 118.87 | 64.01 | 0.17 | ||
| including | 83.82 | 85.34 | 1.52 | 0.86 | |
| 123.44 | 131.06 | 7.62 | 0.12 | ||
| 137.16 | 140.21 | 3.05 | 0.42 | ||
| 144.78 | 170.69 | 25.91 | 0.31 | ||
| including | 152.40 | 156.97 | 4.57 | 0.81 | |
| and including | 163.07 | 166.12 | 3.05 | 0.66 | |
| CMR26-142 | 21.34 | 38.10 | 16.76 | 0.15 | |
| TD = 143.26 m | including | 27.43 | 33.53 | 6.10 | 0.23 |
| End in Min: No | |||||
| 64.01 | 76.20 | 12.19 | 0.14 | ||
| 80.77 | 118.87 | 38.10 | 0.56 | ||
| including | 99.06 | 103.63 | 4.57 | 3.06 |
Note: 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-offs, with a maximum 3.2 m continuous (two sample) below the cut-off inclusion.
Table 3 – Drill Hole Details at Chicken Mountain
| Hole ID | Type | Azimuth (o) |
Dip (o) |
Length (m) |
UTM E | UTM N | Prospect | Purpose |
| CMD26-036 | DDH | 120 | -55 | 388.16 | 552387 | 6917005 | Chicken Mountain | MRE |
| CMR26-127 | RC | 120 | -55 | 144.78 | 552580 | 6916262 | Chicken Mountain | MRE |
| CMR26-128 | RC | 120 | -75 | 111.25 | 552579 | 6916262 | Chicken Mountain | MRE |
| CMR26-129 | RC | 120 | -55 | 169.16 | 552528 | 6916179 | Chicken Mountain | MRE |
| CMR26-130 | RC | 120 | -75 | 147.83 | 552527 | 6916179 | Chicken Mountain | MRE |
| CMR26-131 | RC | 120 | -55 | 111.25 | 552635 | 6916223 | Chicken Mountain | MRE |
| CMR26-132 | RC | 120 | -75 | 111.25 | 552635 | 6916224 | Chicken Mountain | MRE |
| CMR26-133 | RC | 120 | -55 | 164.59 | 552590 | 6916145 | Chicken Mountain | MRE |
| CMR26-134 | RC | 120 | -75 | 94.49 | 552589 | 6916145 | Chicken Mountain | MRE |
| CMR26-135 | RC | 120 | -55 | 128.02 | 552657 | 6916107 | Chicken Mountain | MRE |
| CMR26-136 | RC | 120 | -75 | 121.92 | 552657 | 6916107 | Chicken Mountain | MRE |
| CMR26-137 | RC | 120 | -55 | 149.35 | 552705 | 6916193 | Chicken Mountain | MRE |
| CMR26-138 | RC | 120 | -75 | 118.87 | 552705 | 6916193 | Chicken Mountain | MRE |
| CMR26-141 | RC | 120 | -55 | 172.21 | 552719 | 6916070 | Chicken Mountain | MRE |
| CMR26-142 | RC | 120 | -75 | 143.26 | 552718 | 6916071 | Chicken Mountain | MRE |
Qualified Person
Tectonic Metals’ disclosure of technical or scientific information in this press release has been reviewed, verified and approved by Peter Kleespies, M.Sc., P.Geo., Chief Geological Officer, who is a Qualified Person in accordance with Canadian regulatory requirements set out in National Instrument 43-101.
Analytical work for the 2026 Flat project drilling program was performed by ALS Global an internationally recognized and accredited laboratory independent of Tectonic. On-site, core and reverse circulation samples were sealed in security-tagged bags and shipped under strict chain-of-custody protocols to the Lynden Transport logistics operator in Anchorage, Alaska, for delivery to ALS facilities in Vancouver, British Columbia.
Upon arrival at the laboratory, samples were dried, crushed to 2 mm and riffle split into nominal 500-gram subsample aliquots (prep codes CRU-31, SPL-32a). One portion was analyzed for gold using PhotonAssay™ (ALS code Au-PA01). PhotonAssay™ uses high-energy X-rays to determine gold content from a large sample aliquot, typically 500 g of crushed material. The method is non-destructive and is particularly suited to gold systems where larger sample aliquots may improve representativity. If additional nominal 500-gram PhotonAssayTM analysis splits are conducted for a given sample, results from all splits are combined on a weight average basis. A second portion was pulverized such that 85% of the sample passed 75 µm, (PUL-31) and was analyzed by four-acid digestion with ICP-MS finish for 48 elements (ME-MS61), along with aqua regia digestion with ICP-MS finish for trace levels of mercury (Hg-MS42).
Quality assurance and quality control (QA/QC) protocols included the insertion of certified reference material every 20 samples, blank samples at rate of every 25 samples and field duplicate samples (split from the original 1.5 m for RC or 1.5 m for core intervals) every 25 samples. All QA/QC results returned values within acceptable limits.
About Tectonic Metals Inc.
Tectonic Metals Inc. is a mineral exploration company led by an experienced and well-respected technical and financial team with a track record of wealth creation for shareholders. The Company is focused on exploring and developing its flagship Flat Gold Project in southwestern Alaska, covering 99,840 acres of predominantly Native-owned land belonging to Doyon, Ltd., a leading Alaska Native Regional Corporation and one of Tectonic’s largest shareholders. The current focus is on advancing the Chicken Mountain target, one of six multi-kilometre-scale intrusion zones at the Flat Gold Project, where drilling has achieved a 100% success rate across 206 holes to date.
Founded by key members of the Kaminak Gold team behind the discovery and advancement of the Coffee Gold Project, which was acquired by Goldcorp for $520 million in 2016, Tectonic brings a proven track record in exploration, project advancement, capital markets and value creation. Collectively, the team has helped identify more than 30 million ounces of gold, advanced 18 projects through to feasibility, permitted 20 projects, completed over $3 billion in mergers and acquisitions and raised more than $2 billion in capital.
Tectonic’s mission is to be a shift in the game: working for our shareholders and the communities where we operate, putting people first, playing big and staying true to our word every step of the way.
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