In the summer of 2018 Tectonic signed a milestone agreement with Doyon Ltd., that comprehensively covers all aspects of exploration, development, production and royalties. Tectonic was granted the exclusive right to explore for, develop and mine all minerals, ores and mineral products extracted from the Northway property.
The district is fertile with multiple styles of mineralization and exploration work has identified two targets as having coincident magnetic and soil Au, Cu, and Mo anomalies requiring follow-up work.
At 184,000-acres Northway represents a district-scale opportunity. The project is centered at Northway Junction, Alaska Highway, 89km east of Tok, AK.
The company has conducted reconnaissance and infill sampling as well as target validation that consisted of GeoProbe top of bedrock sampling. The second phase of exploration in 2019 consisted of 856 metres of RAB drilling; all eight drill holes intersected anomalous gold.