Gold Summary for Feb. 8, 2024 The earth moved -- but not in a good way -- for Tony Reda's Tectonic Metals Inc. (TECT), following new assays from the Chicken Mountain target on its Flat project in Alaska. Tectonic slumped five cents to eight cents on 12.98 million shares on word that assays from its 19-hole drill program included a 36.4-metre hit grading 1.22 grams of gold per tonne. That was a higher-grade highlight at depth within a broad 344.6-metre surface-based interval that returned 0.36 gram of gold per tonne.
Twelve of the 19 holes ended in mineralization and all the tests returned gold -- many of them over long intervals but unfortunately, with grades well below the market's hopes