Tectonic Metals Inc.

Drilling Also Returns 0.51 g/t Au Over 118.16 Metres of Continuous Mineralization to End of Hole; Step-Out Drilling Expands Southern Mineralized Footprint by 200 Metres to 600 Metres

Assays Pending from 97 Drill Holes Representing 18,000 Metres of 2026 Drilling; Maiden Mineral Resource Estimate Targeted for Q1 2027

Multiple High-Grade Drill Intercepts, Broad Intervals and Holes Ending in Mineralization Signal a Growing Gold System; Six Additional Drill Holes Pending

Backed by a C$100M treasury, Tectonic deploys a five drill rig campaign to execute on four pillars of value creation: expansion and growth drilling, maiden resource definition, discovery drilling at district-scale targets and advanced project de-risking

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Unconstrained Growth Potential: 3.3 km Drilled Mineralized Strike x 700 m Width x 300 m Vertical Depth and Remaining Open in All Directions

100% Drill Success Continues: 191 of 191 Drill Holes Intersecting Gold Mineralization

364 Gram-Metre Near-Surface Drill Intercept Anchors New High-Grade Corridor

Assay Results Pending from 34 Additional Drill Holes Across Multiple Targets

First-Ever Drilling by Tectonic at Black Creek Intrusion Delivers High-Grade Gold Six Kilometres North of Chicken Mountain, Validating Multi-Intrusion Gold System Across 99,800-Acre Flat Property

364 Gram-Metre Near-Surface Drill Intercept Anchors New High-Grade Corridor

Assay Results Pending from 34 Additional Drill Holes Across Multiple Targets

Alpha Bowl Drilling Now Connects to Chicken Mountain, Establishing > 3 km of Continuous Gold Mineralization: Open in all directions & Reinforcing Flat as a Large, Bulk-Tonnage, Open-Pit RIRGS Tier-One Mining Opportunity

Assay Results Pending from 76 Additional Drill Holes Across Multiple Targets

Company Further Strengthens Leadership with Appointment of Investor Relations Manager

Chicken Mountain's Adit Zone Delivers Near-Surface High-Grade Gold with Expansion Potential

Assay Results Pending from 103 Additional Drill Holes Across Chicken Mountain, Alpha Bowl, Golden Apex, Black Creek and Jam Intrusion Targets

Technical-Focused Deep Dive into the 2025 Phase 2 Flat Gold Project Drill Core and Geological Interpretations

Initial 2025 Chicken Mountain Drill Assays Confirm Grade, Thickness, Continuity and Scale; Reinforcing A Bulk-Tonnage, Open-Pit, Heap Leach RIRGS Opportunity

Transformational $34M Capital Raise in 2025 Fuels Rapid and Aggressive Two-Phase Drill Campaign Positioning Flat for Growth Toward a Maiden Mineral Resource Estimate and Year-Round Operational Capacity

Phase Two Drilling Underway with a Planned Target of 9000 Metres of Core and RC Drilling

Shareholders Approved all Matters Voted on at the Annual General Meeting

7,718 Metres Drilled Across 48 Diamond and RC Drill Holes

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

CONCURRENT SHARE CONSOLIDATION ANNOUNCED TO UNLOCK VALUE AND STRENGTHEN CAPITAL STRUCTURE

Shareholders Approved all Matters Voted on at the Annual General Meeting

HEAP LEACHING SUCCESSFULLY VALIDATED USING COARSE 3/4 INCH MATERIAL PAVING WAY FOR POTENTIAL RUN-OF-MINE/UNCRUSHED HEAP LEACHING

Initial Drill Assay Results Expected By The End Of October 2024

Tectonic Appoints Investor Relations