The Tibbs Gold Project hosts three new Tectonic drill discoveries in the Goodpaster Mining District. The Project is located 35 kilometres east of the world-class Pogo Mine, owned and operated by Northern Star Resources Ltd., with robust infrastructure, power and an active mill.
The Tibbs Gold Project boasts high-grade gold mineralization at surface, in trenches and in drilling, including a RAB drill intercept of 6.03 g/t Au over 28.95m at the Michigan prospect. Three distinct styles of gold mineralization are now observed at Tibbs: 1) Pogo-style high-grade gold-quartz veining; 2) Intrusion-hosted disseminated sulphides and stockwork gold-quartz-stibnite-arsenopyrite veining; and 3) Fort Knox-style intrusion-hosted sheeted gold-quartz-bismuthenite veins.
The recent acquisition of the Carrie Creek property from Doyon Limited increases the Tibbs Gold Project by 15,800 acres while extending the district-scale opportunity for Tectonic. This acquisition also represents a strengthening of our already close partnership with Doyon.
In 2020, Tectonic completed 3,202m of RAB drilling in 27 holes at Tibbs and conducted an IP survey to end the exploration season. Encouraging assay results have been released from the Michigan, Lower Trench and Wolverine Zones at Tibbs.