Overview
Tectonic has two main project areas of focus. Its flagship tenement package is a group of large scale high-grade IRGS systems in Australia targeting >3Moz Au. It also has the option to acquire 51 percent of the 1.5Moz Au “Kasperske Hory” deposit in the Czech Republic. An overview of these projects are below:
IRGS Australia - Queensland
- 850km2 tenement holding
- 8 gold bearing systems targeting >3Moz Au each
- >20,000m of drilling
- Discoveries made now drilling for scale
- High grade gold in a world class region
- Australian Government recognition
- 43.5% cash rebate
IRGS Europe - CZech republic
- Option to acquire 1.5Moz Au deposit
- Average grade 7.29g/t Au
- >80.000m of drilling completed
- Current mine design for 200,000 oz pa production
- Initial US$250k payment for 10% equity interest
- US$4.9m to acquire further 41% (US$1.5m for BFS)
- Option to acquire or spin out
Tectonic was an early mover in building its Queensland portfolio, but neighbours now include AngloGold, Evolution and Zijin Mining, China’s largest gold producer.
