The Tibbs project is located in the Goodpaster Mining District approximately 175 kilometres southeast of Fairbanks, Alaska, and 35 kilometres east of the Pogo Mine. The project is accessible via helicopter and historic winter trails and hosts an unimproved airstrip in the Tibbs Creek drainage. The property is comprised of 169 State of Alaska mining claims covering 13,480 acres, with at least 17 known target areas and historic lode Au production in three locations.
Gold mineralization at the property is hosted in both intrusive and metamorphic rocks of the Yukon Tanana Terrane (YTT) and appears to be controlled by the district-scale Black Mountain Tectonic Zone, a northeast trending structural corridor. Gold occurs in both high-angle quartz-arsenopyrite lode veins similar to the North Zone veins at the Pogo Mine and sheeted to stockwork quartz-sulphide veins hosted within sericite-altered granodiorite. The Tibbs property offers high-grade gold mineralization at surface, in trenches, and in drill core, all in proximity to existing infrastructure and an active mill.
Tectonic’s exploration work in 2017 and 2018 consisted of power auger soil sampling, a property-wide DIGHEM geophysical survey, and CanDig heli-portable excavator trenching to test for bedrock mineralization and define high-grade drill targets for follow up.
In 2019, Tectonic completed a 2,184 metre Rotary Air Blast (RAB) drilling campaign at Tibbs, testing 9 priority targets including those generated during the previous exploration seasons. Results are currently pending.