Tectonic Gold Plc Drilling Update and Research Report
September 09 2021 - 2:00AM
UK Regulatory
TIDMTTAU
9 September 2021
TECTONIC GOLD PLC
("Tectonic Gold" or the "Company")
DRilling UPDATE and RESEARCH REPORT
Tectonic Gold plc (TDIM: TTAU) the Intrusive Related Gold System ("IRGS")
explorer, is pleased to announce that drilling at the Specimen Hill project has
recommenced. Following preparations to mobilise the drilling team in August
2021, the Company delayed the rig to host on site due diligence and a joint
testing program with a major international metals company. Portable XRF (PXRF)
analysis was conducted over several target areas to test copper mineralisation
and high-grade samples were sent for laboratory verification to confirm
in-field testing grades.
With initial third-party testing completed, the drill rig has now been brought
to site. All access tracks and drill pads have been prepared. Further due
diligence will continue while the Southern Copper discovery undergoes maiden
drill testing. The rig will then be taken to Goldsmith's Reef to test
extensions below the pre World War 1 underground workings. The campaign will
conclude at Main Lodes with further testing of the porphyry mineralisation
intersecting by Tectonic's previous drilling.
Highlights:
Joint testing under due diligence by international metals major:
1. Analysed gold nuggets of up to 3oz recovered from previous reconnaissance.
1. Southern Copper - the team mapped an additional 500m of mineralisation at
surface northeast of initial discovery.
a. +14% Copper grades returned by PXRF testing.
1. Taree Fields - old workings along strike from Southern Copper
a. Native copper visible in outcrop samples
b. PXRF in field testing showed grades to over 45% copper.
c. Laboratory assays confirmed PXRF readings up to 46% copper.
Further update to come.
RESEARCH REPORT
Tectonic Gold Plc is pleased to share with investors an update from Align
Research.
http://www.alignresearch.co.uk/cpt-company/tectonic-gold/
Mr. Brett Boynton, Managing Director - Tectonic Gold Plc
* "It is always useful to have a team from one of the majors spend time on
site and stress test our thinking. We are also grateful to have access to
some of their equipment, especially the PXRF which gave us some great
results. We are now fully mobilised and looking forward to the initial
field reports from Southern Copper which we will share as soon as
possible."
Investors can sign up to Tectonic's mailing list of the following link:
http://www.tectonicgold.com/contact
For further information, please contact:
Tectonic Gold plc +61 2 9241 7665
Brett Boynton
Sam Quinn
www.tectonicgold.com
@tectonic_gold
Aquis Stock Exchange Corporate Adviser and Broker
VSA Capital Limited +44 20 3005 5004
Andrew Raca - Corporate Finance
Andrew Monk - Corporate Broking
Ends
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