Location

Property, Location, & Infrastructure

The Flat Gold Project covers 99,840 acres in southwestern Alaska on predominantly Native-owned land held by Doyon Limited, one of Alaska's largest Native Regional Corporations and Tectonic's second-largest shareholder.

The project is located approximately 40 km northeast of Donlin Gold, a 39-million-ounce gold deposit owned by NOVAGOLD and Paulson Advisors and recognized as one of the world's largest undeveloped gold projects.

Flat benefits from excellent logistics for a remote Alaskan project. The property is accessible by air via a 4,100-foot gravel airstrip capable of accommodating Hercules aircraft, allowing heavy equipment, fuel, and supplies to be delivered directly to site. Additional access is provided by winter trails and the nearby Kuskokwim River, which supports commercial barge traffic for roughly six months each year.

The project also benefits from existing infrastructure, including a network of roads built during historic placer mining operations and a fully operational camp that can accommodate up to 24 personnel.

Looking ahead, the advancement of the nearby Donlin Gold Project could create opportunities for regional infrastructure development and potential synergies, including access to future power and transportation corridors.

References:

1. Donlin 2021 NI 43-101 Technical Report. Tonnage: 541,337kt at 2.24g/t Au. Measured & Indicated: 39,007koz Au. Assuming an average recovery of 89.5% and average 5% grade of 1.07, the marginal gold cut-off grade is 0.47 g/t. Gold price of $1,200/oz is assumed