PRESS RELEASE

from Tectonic Metals Inc. (CVE:TECT)

Tectonic Metals Drilling Transforms Alpha Bowl from Discovery to Emerging Large-Scale Resource Growth Opportunity: 820 m × 600 m × 400 m Gold Footprint Defined

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

VANCOUVER, BC / ACCESS Newswire / January 15, 2026 / Tectonic Metals Inc. ("Tectonic" or the "Company") (TSX-V:TECT)(OTCQB:TETOF) today announced additional assay results from 24 drill holes completed during the 2025 drill campaign at Alpha Bowl, located within the Company's flagship ~99,800 acre Flat Gold Project ("Flat") in Southwest Alaska.

The 24 drill holes reported herein - 9 diamond core holes and 15 reverse circulation ("RC") holes - represent approximately 4,800 metres ("m") of drilling from the Company's 18,373 m 2025 program. All holes intersected gold mineralization, returning grades of up to 25.16 g/t Au (see assay table below), with 14 holes collaring in mineralization and 10 holes ending in mineralization, including the diamond drill hole CMD25-015, drilled to a depth of 392 metres.

These results confirm geological and mineralized continuity between Alpha Bowl and Chicken Mountain, establishing a gold system extending more than 3 kilometres along strike that remains open at depth and in all directions. Drilling continues to expand and define Alpha Bowl as a coherent three-dimensional mineralized body measuring approximately 820 metres along strike, 600 metres in width, and extending to at least 400 metres depth.

Alpha Bowl Video and Figures

Alpha Bowl: From Blind Target to Volumetrically Significant Gold System in 12 Months

Alpha Bowl represents a significant exploration success and highlights the gold resource potential that Flat can deliver with systematic drilling. Prior to 2024, this target had never been drill tested in the history of the Flat Gold Project, despite hosting Flat Creek, one of Alaska's richest placer producing creeks with over 650,000 ounces of recorded placer gold production¹.

Alpha Bowl is primarily blind to surface with limited to no outcrop exposure or direct surface expression. Through systematic geological interpretation, geophysical targeting and strategic drilling, Tectonic executed a drill program in 2024 yielding a brand-new discovery of 1.22 g/t Au over 65.53 m , including 6.01 g/t Au over 6.1 m with 21.72 g/t Au over 1.52 m (see Tectonic News Release, March 3, 2025).

Follow up 2025 step-out drilling on this discovery hole returned 2.23 g/t Au over 41.15 m , including 4.00 g/t Au over 21.34 m (see News Release, September 10, 2025), testing the eastern edge of the target where mineralization remains wide open.

In less than twelve months, Alpha Bowl has evolved from a blind drill target into a volumetrically significant gold system. The confirmed connection to Chicken Mountain establishes a district-scale mineralized corridor at Flat, reinforcing the project's potential as a large, bulk-tonnage, reduced intrusion-related gold system ("RIRGS") and supporting continued systematic drill expansion.

Key Geological Achievements and Characteristics:

1. Validated Geological Continuity Over 3 Kilometers of Drilled Mineralized Strike

Alpha Bowl is now confirmed via drilling as the northern extension of the Chicken Mountain intrusion, creating a continuous, coherent, 3-kilometer mineralized corridor from Chicken Mountain through the Adit Zone to the Alpha Bowl Zone. This continuity is fundamental to resource estimation and for consideration during the preliminary resource estimation study planned for late 2026.

2. Exceptional Drill Success Rate Validates Scale, Strength of The Chicken Mountain / Alpha Bowl System

  • 134 out of 134 holes (100%) have intersected gold mineralization

  • Mineralization begins at or near surface (critical for open-pit economics)

  • 73 of 134 holes (54.5%) ended in mineralization, indicating the system extends beyond current drill penetration

  • Mineralization remains open at depth and is constrained only by drill depth, not by geological boundaries

This extraordinary hit rate is rare in exploration and demonstrates that Tectonic's geological team has developed a solid understanding of the mineralizing system. This significantly de-risks future drilling and resource expansion.

3. Alpha Bowl Significant and High-Grade Gold Intercepts to Date

While the system demonstrates bulk-tonnage potential, the presence of higher-grade intervals warrants infill and expansion drilling and presents the opportunity for multiple higher-grade starter pits that could significantly enhance project economics. These higher-grade intervals are not considered as random, current analysis models them with structural controls and fluid focusing mechanisms within the broader mineralized system. Examples of these higher-grade intervals at Alpha Bowl include new results released today and previously reported intervals:

CMD25-015

  • 25.16 g.t Au over 0.60 m (5 flecks of visible gold observed), within
    1.36 g/t Au over 39.00 m, all within
    0.85 g/t Au over 74.00 m
    Diamond drill hole ending in mineralization; total hole length 392.28 m

CMR25-045

  • 1.56 g/t Au over 10.67 m, within
    0.55 g/t Au over 73.15 m

  • RC drill ending in mineralization; total hole length 94.49 m

CMD25-009

  • 1.07 g/t Au over 14.80 m, within
    0.48 g/t Au over 94.00 m

CMR25-068

  • 0.90 g/t Au over 7.62 m, within
    0.44 g/t Au over 79.25 m

  • RC drill hole ending in mineralization; total hole length 128.00 m

CMD25-004

  • 15.41 g/t Au over 1.26 m, within
    1.76 g/t Au over 13.00 m

  • 10.28 g/t Au over 1.0 0m, within
    3.81 g/t Au over 3.00 m

CMR25-042

  • 12.48 g/t Au over 1.52 m, within
    1.29 g/t Au over 16.76 m
    RC drill hole ending in mineralization; total hole length 110.34 m

CMR24-026 (previously announced)

  • 21.72 g/t Au over 1.52 m, within
    6.01 g/t Au over 6.1 m, all within
    1.22 g/t Au over 65.53 m
    RC drill hole ending in mineralization; total hole length 65.32 m

CMR25-035 (previously announced)

  • 4.00 g/t Au over 21.34 m, within
    2.23 g/t Au over 41.15 m

4. Substantial Resource Growth Potential Remains at Alpha Bowl

  • The System Remains Open in Multiple Directions

  • Current Defined Mineralized Footprint: 820 m (strike) x 600 m (width) x 400 m (depth)

  • Alpha Bowl Target Area: 1.5 km x 1.0 km (1,500,000 m²)

  • Percentage of Target Tested: Approximately 60% of the interpreted target, with mineralization depth constrained only by current drill hole length

Critical Growth Vectors:

  1. Higher Grade Gold Concentration in Eastern Alpha Bowl: 3D geological modeling of recent drill assays combined with structural, alteration, and geochemical vectors demonstrates that gold tenor at Alpha Bowl increases in the eastern portion of the bowl, suggesting the core of the system may be situated to the east of the current drilling and remains open to drill testing. See Figure 4 (below) and Alpha Bowl Video.

  2. Grade Enhancement: Higher-grade intervals occurring within broader mineralized envelopes indicate strong potential for additional high-grade shoot discovery through continued testing of the structural framework and systematic infill drilling.

  3. Strike Extension (North): Pending drill assays testing an additional 500 m of strike potential could extend the defined mineralized corridor to 1.3+ km at Alpha Bowl alone, representing a nearly 60% increase in the zone's along-strike footprint.

  4. Depth Extension: 54.5% of holes ended in mineralization, indicating strong potential for resource expansion below 400 m depth.

  5. Width Expansion: The 600 m width represents the tested extent; however, the intrusive body is interpreted to continue laterally well beyond current drill coverage

5. Classic RIRGS Characteristics Throughout the System

Alpha Bowl exhibits textbook Reduced Intrusion-Related Gold System (RIRGS) characteristics, directly comparable to world-class deposits including the Fort Knox Mine operated by Kinross Gold Corporation in Alaska (9+ million ounces produced, continuing operation2):

6. Validating a Prolific Gold System

Alpha Bowl hosts one of Alaska's most productive placer gold creeks, with over 650,000 ounces of recorded historic placer production 1 . This extraordinary placer endowment provides independent validation of the potential gold inventory within the Alpha Bowl intrusion. The source of this placer gold is now being delineated in bedrock through systematic drilling.

Results Summary

A summary of the results released today for the 15 RC holes is presented in Table 1 and a summary of the 9 core results are presented in Table 2. Data pertaining to locations of drill holes included in the announcement are presented in Table 3. Full assay results for the 15 RC and 9 core results can be found at this link: Click Here for Full Assay Results.

Alpha Bowl Video and Figures: Please watch a video highlighting the scale and potential of the Alpha Bowl Zone: Click Here to View Video

Drill Plan Maps and Images: Click Here to View. Select images below.

Assay Results From 76 Additional Holes Pending

  • Expansion and targeted high-grade gold drilling at Chicken Mountain to increase resource confidence

  • Extension drilling at Alpha Bowl testing the additional 500m strike potential

  • First-pass exploration drilling at Black Creek and Jam Intrusion targets

  • Follow up drilling at Golden Apex

  • Tectonic will provide further updates as results are received, interpreted and validated

To learn more about the 2025 Drill Programs, click here: Tectonic Metals Delivers Record 18,372 Metres Across 125 Drill Holes at Flat Gold Project, Alaska

Figure 1: Oblique view of the Alpha Bowl, Adit Zone, Chicken Mountain, Golden Apex, the Placer Gold Production1, and the gold-in-soil anomalous areas: https://www.tectonicmetals.com/_resources/news/nr-20260115-Figure1-with-title.png

Figure 2: Plan View and Long Section looking Northeast, drill results and pending drill hole assays can be viewed at: https://www.tectonicmetals.com/_resources/news/nr-20260115-Figure2-with-title.png

Figure 3: Plan View of Alpha Bowl, highlighting the mineralization strike and openness of the target, drill results and pending drill hole assays can be viewed at: https://www.tectonicmetals.com/_resources/news/nr-20260115-Figure3-with-title.png

Figure 4: Long Section looking Northeast of Alpha Bowl, drill results and pending drill hole assays can be viewed at: https://www.tectonicmetals.com/_resources/news/nr-20260115-Figure4-with-title.png

Table 1. Significant Alpha Bowl RC Drill Results*

Hole No.

From (m)

To (m)

Length (m)

Au g/t

CMR25-036

91.44

115.82

24.38

0.51

including

91.44

105.16

13.72

0.76

with

91.44

100.58

9.14

0.99

CMR25-037

60.96

82.30

21.34

0.42

including

60.96

67.06

6.10

0.62

CMR25-038

13.72

38.10

24.38

0.45

including

13.72

25.91

12.19

0.70

with

13.72

21.34

7.62

1.00

79.25

88.39

9.14

1.88

including

79.25

83.82

4.57

3.50

CMR25-039

68.58

100.58

32.00

0.26

including

91.44

99.06

7.62

0.44

CMR25-040

13.72

42.67

28.96

0.32

including

15.24

19.81

4.57

0.85

with

18.29

19.81

1.52

2.16

86.87

106.68

19.81

0.50

including

96.01

105.16

9.14

0.88

with

99.06

100.58

1.52

4.13

CMR25-042

1.52

18.29

16.76

1.29

including

15.24

16.76

1.52

12.48

83.82

110.34

26.52

0.55

including

94.49

96.01

1.52

6.05

CMR25-043

28.96

51.82

22.86

0.29

including

28.96

35.05

6.1

0.36

with

44.2

47.24

3.05

0.79

70.1

76.2

6.1

0.87

including

71.63

76.2

4.57

1.13

with

73.15

76.2

3.05

1.52

CMR25-044

30.48

92.96

62.48

0.34

including

33.53

54.86

21.34

0.62

with

35.05

42.67

7.62

1.08

with

41.15

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