Tectonic Metals Inc. announced the completion of the Company's inaugural field program at the Flat Gold Project, an intrusion-hosted, bulk tonnage gold project located in the Kuskokwim Mineral Belt of southwestern Alaska, some 40 kilometres north of the Donlin Gold Project. Tectonic's surface field program at Flat represents the first exploration work at the property in more than 20 years and comprised ground-truthing, channel/grab sampling of historic bedrock exposures and mechanical excavation and sampling of new trenches at Flat's main zone, Chicken Mountain ("CM"), comprising of a 3800 metre ("m") long and up to 600m wide gold-in-soil anomaly. Flat Gold Project - Exploration Objective: The primary objective of the program was to gain a greater understanding of the geological opportunity at Flat by focusing on gathering additional geological information and assessing the extensive undrilled gold-in-soil anomalies at CM where historic soils outline an open-ended gold-in-soil anomaly extending 3,800m x 600m in a north-northwest orientation over the core of exposed quartz monzonite intrusion.

The western portions of the soil anomaly have been untested by historical drilling and trenching with highlights including up to 8.8 grams per tonne gold ("g/t Au") in soil and up to 3.4 g/t Au in surface grab samples. In total, 273m in 3 new trenches were excavated and mapped on the CM target with 180 continuous channel samples and 18 focussed grab samples collected. A further 7 bedrock exposures in accessible historic trenches and placer mining cuts in the CM area were sampled and mapped with 71m of channel samples and 7 grabs collected.

In anticipation of a comprehensive 2023 exploration program, the Company conducted additional reconnaissance to further assess the surficial conditions on the property and investigate accessibility/navigability based on existing infrastructure.