R/€ = 15.62 Change: 0.02
R/$ = 13.93 Change: 0.01
Au 1424.08 $/oz Change: -15.08
Pt 845.11 $/oz Change: -10.33
 
 
R/€ = 15.62 Change: 0.02
R/$ = 13.93 Change: 0.01
Au 1424.08 $/oz Change: -15.08
Pt 845.11 $/oz Change: -10.33
 
 
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Team behind Kaminak launches new minerals explorer

15th May 2019 BY: Creamer Media Reporter

The team behind Kaminak Gold – the company that discovered the multimillion-ounce Coffee gold project and sold it to Goldcorp for C$520-million in 2016 – has regrouped and formed a new minerals exploration company.

Tectonic Metals was founded nearly two years ago by Eira Thomas, Tony Reda and Rob Carpenter. These executives have joined forces with Alaska-based mineral exploration consulting firm Avalon Development president Curt Freeman.

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The exploration junior has announced that it is seeking to raise C$5-million through a special warrant financing and that it is pursuing a direct listing on the TSX-V.

The funds from the offering will contribute to advancing four gold projects, where up to three projects will be drill tested this year.

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"It was clear from day one that Eira, Rob, Curt and I shared a passion for mineral exploration and discovery and the desire to bring something different to the mineral industry.  Tectonic was the answer.  Behind every successful company is a great team, and I am blessed to be working with such esteemed professionals dedicated and committed to working for our shareholders and making Tectonic a success.  Now that we had a taste of what it takes to discover and advance a multimillion-ounce gold district, we are hungrier than ever to not only do it again, but to do it better on every front imaginable.  At Tectonic, our vision is simple – to be the number one mineral exploration company in the world.  Now is the time for us to share that vision, passion and enthusiasm with the world on a larger stage," commented Reda, who is Tectonic’s president and CEO. 

EDITED BY: Mariaan Webb Creamer Media Senior Researcher and Deputy Editor Online
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