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Tectonic Metals Inc. Discusses Potential of Alaska Drill Programs with The Stock Day Podcast
Phoenix, Arizona--(Newsfile Corp. - July 19, 2021) - The Stock Day Podcast welcomed Tectonic ...
About this update from Tectonic Metals, Inc.
[{"type":"text","content":"Tectonic Metals Inc. Discusses Potential of Alaska Drill Programs with The Stock Day PodcastPhoenix, Arizona--(Newsfile Corp. - July 19, 2021) - The Stock Day Podcast welcomed Tectonic Metals Inc. (TSXV: TECT) (OTCQB: TETOF) (FSE: T15B) (the \"Company\" or \"Tectonic\"), a mineral exploration company created and operated by an experienced and well-respected technical and financial team with a track record of wealth creation for shareholders. CEO of the Company, Tony Reda, joined Stock Day host Everett Jolly. Jolly began the interview by asking about the Company's background and current projects. \"Tectonic Metals Inc. is about mineral exploration and finding the next gold mine,\" said Reda. \"We've assembled a team that has done it before; not only geologically, but also in terms of capital.\"\"We identified an asset in Alaska, the Tibbs Gold Project (\"Tibbs\") which is about 35 kilometers from the high-grade gold-producing Pogo Gold Mine owned and operated by Northern Star Resources,\" continued Reda. \"It was our first acquisition,\" said Reda. \"We've built a foundation where we're now ready for diamond drilling,\" he shared. \"We're testing high-grade gold at surface, high-grade gold in previous historic drilling, and we're applying a new geological model.\"\"What makes Tectonic Metals so special?\" asked Jolly. \"I think it starts with the team,\" said Reda, adding that the Company puts strong focus on how they operate as individuals, as well as the impact they make on their communities. \"It's not just about finding five million ounces, it's about doing that with integrity, honesty, and transparency,\" said Reda. \"We take nothing for granted, we put our best foot forward, and hopefully our shareholders can appreciate that we are in this because we want to be here, we're passionate about what we do, and we care.\"Jolly then asked about the Company's recent financing announcement and asked how these funds will be used. \"We try to anchor all of our financing with a sophisticated shareholder, someone we can continue to build a relationship with,\" said Reda. \"In this case we had a very respected fund backed by a well-known geologist take a lead order in this financing,\" he explained. \"It was originally a $3 million private placement, but we ended up raising just over $7 million,\" shared Reda. \"That capital is about exe...