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Tectonic Gold

NXX:TTAU

Specialist intrusion Related Gold System explorer developing technology to identify and delineate IRGS systems in Eastern Australia

Overview

  • Aquis listed in 2018 following the reverse takeover of signature gold and aims to be lowest cost dollar per ounce gold exploration business 

  • Project based in high grade gold area. 

  • Extensive expertise and technology which can interpret and delineate IRGS systems which have previously been misunderstood.

  • Specimen Hill / Mount Rainbow Project part of Biloela Project, located in central northeast Queensland is geologically part of the New England Orogen.

  • High level, multi-phase, IRGS epithermal vein system with multiple high-grade zones in a structurally controlled corridor extending over 4km.

  • The 2020 drilling program successfully intersected epithermal gold and copper-gold mineralization with 100% strike record. 

  • Over 55 drill holes have intersected mineralization and returned significant intersections over 18g/t Au. 

  • Drill team was mobilised in August 2021 with the drill rig brought to site and drilling is set to recommence. 

  • Further due diligence will continue while the Southern Copper discovery undergoes maiden drill testing. Infield PXRF testing has returned +14% Cu.

  • The rig will then be taken to Goldsmith’s reef to test extensions below the pre-World War 1 underground workings where historic production records yielded over 40g/t Au. Recent assays of the working face exceed 5.4g/t Au and 1.3% Cu. 

  • The campaign will conclude at Main Lodes with further testing of the porphyry mineralization intersecting by Tectonic's previous drilling.

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Share Price

Reserves & Resources

Exploration and studies to date on encountered mineralisation on its properties are insufficient to define a compliant resource or reserve. The company is working toward defining such a resource or reserve on its projects