Location

Property, Location, & Infrastructure

The Flat Gold Project spans 99,840 acres of predominantly Native-owned land belonging to Doyon Limited, Tectonic’s second-largest shareholder and one of Alaska’s largest Native Regional Corporations.

The project is located in southwest Alaska, 40 km northeast of NOVAGOLD and Paulson Advisors’ Donlin Gold Project, the fifth-largest undeveloped gold deposit in the world (+39 Moz Au¹).

Flat is accessible by air via a 4,100-foot, Hercules-capable gravel airstrip, which can accommodate large cargo aircraft for transporting heavy equipment, fuel, and supplies directly to the site. The project also benefits from winter trail access and its proximity to the Kuskokwim River, navigable by commercial barge for approximately six months each year.

A network of existing roads, established during historic placer mining, connects most of the mineralized zones, and an on-site turnkey camp can accommodate up to 24 people.

Additionally, with the nearby Donlin Gold Project just one permit away from production and featuring a permitted natural gas pipeline, there is strong potential for future infrastructure synergies.

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