Tectonic Gold Plc Specimen Hill and Joint Venture Update

 
TIDMTTAU 
 
25 February 2021 
 
                               TECTONIC GOLD PLC 
 
                      ("Tectonic Gold" or the "Company") 
 
       SPECIMEN HILL TECHNICAL PROGRESS AND DIAMOND JOINT VENTURE UPDATE 
 
Tectonic Gold plc (TDIM: TTAU), the Intrusive Related Gold System ("IRGS") 
explorer, is pleased to share technical findings from our collaborative 
research program with CODES and diamond production results from our Deep Blue 
Minerals joint venture in South Africa. 
 
Specimen Hill CODES Research Highlights: 
 
  * Collaborative programme with world leading ore deposit research centre 
  * Genetic confirmation that copper and gold samples are close to the 
    intrusive source 
  * Reaffirms drill targeting and informs plan for higher density drilling 
    campaign 
 
Deep Blue Production Highlights: 
 
  * January production over 220cts 
  * Ramp up program going well 
  * Moving into deeper and higher grade ore so expect continued production 
    increases 
 
Mr. Brett Boynton, Managing Director - Tectonic Gold Plc 
 
" Tectonic has an ongoing research collaboration with "CODES" (The Centre for 
Ore Deposit and Earth Sciences) at the University of Tasmania. Major gold 
companies such as Newcrest also work with CODES, so this collaboration gives 
Tectonic an open technical forum across industry and academia. 
 
Using advanced analytics we looked at chemical associations from the rocks at 
various depths to build a picture of the temperature and pressure of the gold 
and copper bearing fluids that came up with the intrusive to form the deposit 
at Specimen Hill. From this we have confirmed, amongst other things, that our 
methodical drilling program is moving through the deposit towards the intrusive 
source. We will take this information back into the model to further refine our 
follow up campaign with higher density drilling for resource definition. 
 
It is important to get the same positive response from a range of tests to 
confirm our thinking. Often explorers hit an intersection of gold and are 
encouraged to drill without a clear roadmap and they end up putting in a lot of 
unsuccessful holes and running out of money. Working with CODES keeps us 
disciplined and on track. 
 
Deep Blue Minerals JV Highlights: 
 
Our joint venture with AIM listed Kazera Global Investments is really coming 
into its own now with the production ramp up program progressing well. Initial 
production in December was around 50 carats, so delivering this significant 
increase in output as we move into the higher-grade zone is an excellent 
result. Tectonic has a non-diluting 10% interest in Deep Blue and holds 20 
million shares in Kazera, with options for another 20 million shares at 0.5p." 
 
About Tectonic Gold: 
 
Tectonic Gold is a specialist gold exploration company, focused on the 
identification and delineation of large-scale, multimillion-ounce Intrusion 
Related Gold Systems ("IRGS"). Tectonic Gold holds a number of gold discoveries 
in the New England Orogen in Eastern Australia, a prolific gold region that is 
home to Australia's two largest gold production companies, Newcrest Mining and 
Evolution Mining. Rio Tinto, one of the largest copper companies in the world 
has recently taken a large tenement alongside Tectonic's Specimen Hill project 
 
Qualified Persons: 
 
Mr Jonathan Robbeson - BSc (Hons1), MEconGeol, MMinEng, (CP Geo) is a full-time 
employee Signature Gold Limited and is a registered Chartered Professional 
(Geology) with the Australian Institute of Mining and Metallurgy (AusIMM - 
304542). Mr Robbeson has sufficient experience that is relevant to the style of 
mineralisation and type of deposit under consideration and the activity being 
undertaken to qualify as a Competent Person as defined in the Note for Mining 
Oil & Gas Companies, June 2009, of the London Stock Exchange and the 2012 
Edition of the 'Australian Code for Reporting of Exploration Results, Mineral 
Resources and Ore Reserves' (JORC Code). Mr Robbeson consents to the inclusion 
in the release of the matters based on his information in the form and context 
in which it appears. 
 
JORC Table 1 information for this release on Specimen Hill can be found on the 
Company website. 
 
The Directors of the Company accept responsibility for the contents of this 
announcement. 
 
 
For further information, please contact: 
 
Tectonic Gold plc                                            +61 2 9241 7665 
Brett Boynton 
Sam Quinn 
www.tectonicgold.com. 
@tectonic_gold 
 
Financial Adviser, Corporate Adviser and Broker             +44 20 3005 5000 
VSA Capital Limited 
Andrew Raca - Corporate Finance 
Andrew Monk - Corporate Broking 
 
Ends 
 
The information contained within this announcement is deemed by the Company to 
constitute inside information as stipulated under the Market Abuse Regulations 
(EU) No. 596/2014. Upon the publication of this announcement via a Regulatory 
Information Service, this inside information is now considered to be in the 
public domain. 
 
 
 
END
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