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1 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021 A SHIFT IN THE GAME COMMITTED TO CREATING VALUE January 2021 TECT: TSX-V TETOF: OTCQB

A SHIFT IN THE GAME - tectonicmetals.com · A SHIFT IN THE GAME COMMITTED TO CREATING VALUE FOR OUR SHAREHOLDERS AND STAKEHOLDERS JULY 2020 TECT: TSX-V. 2 | CORPORATE PRESENTATION

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Page 1: A SHIFT IN THE GAME - tectonicmetals.com · A SHIFT IN THE GAME COMMITTED TO CREATING VALUE FOR OUR SHAREHOLDERS AND STAKEHOLDERS JULY 2020 TECT: TSX-V. 2 | CORPORATE PRESENTATION

1 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021

A SHIFT IN THE GAMECOMMITTED TO CREATING VALUE

January 2021

TECT: TSX-V

TETOF: OTCQB

Page 2: A SHIFT IN THE GAME - tectonicmetals.com · A SHIFT IN THE GAME COMMITTED TO CREATING VALUE FOR OUR SHAREHOLDERS AND STAKEHOLDERS JULY 2020 TECT: TSX-V. 2 | CORPORATE PRESENTATION

2 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021

FORWARD LOOKING STATEMENT AND NATIONAL INSTRUMENT 43-101 COMPLIANCEAll statements in this presentation, other than statements of historical fact, are "forward-looking statements“ or “forward looking information” with respect to Tectonic Metals Inc. (the “Company”) within the meaning of applicable securities laws, including statements that address pro forma capitalization tables, the size and use of proceeds of any proposed financings, the discovery and development of gold deposits, potential size of a mineralized zone, potential expansion of mineralization and timing of exploration and development plans. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "planned", "expect", "project", "predict", "potential", "targeting", "intends", "believe", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management at the date the statements are made including, among others, assumptions regarding timing of exploration and development plans at the Company’s mineral projects; timing and completion of proposed financings; timing and likelihood of deployment of additional drill rigs; successful delivery of results of metallurgical testing; the release of an initial resource report on any of our properties; assumptions about future prices of gold, copper, silver, and other metal prices; currency exchange rates and interest rates; metallurgical recoveries; favourable operating conditions; political stability; obtaining governmental approvals and financing on time; obtaining renewals for existing licences and permits and obtaining required licences and permits; labour stability; stability in market conditions; availability of equipment; accuracy of historical information; successful resolution of disputes and anticipated costs and expenditures. Many assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct.

Such forward-looking information involves known and unknown risks, which may cause the actual results to be materially different from any future results expressed or implied by such forward-looking information, including, but not limited to, the cost, timing and success of exploration activities generally, including the development of new deposits; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; uses of funds in general including future capital expenditures, exploration expenditures and other expenses for specific operations; the timing, timeline and possible outcome of permitting or license renewal applications; government regulation of exploration and mining operations; environmental risks; the uncertainty of negotiating with foreign governments; expropriation or nationalization of property without fair compensation; adverse determination or rulings by governmental authorities; delays in obtaining governmental approvals; possible claims against the Company; the impact of archaeological, cultural or environmental studies within property areas; title disputes or claims; limitations on insurance coverage; the interpretation and actual results of historical operators at certain of our exploration properties; changes in project parameters as plans continue to be refined; current economic conditions; future prices of commodities; and delays in obtaining financing. The Company's forward-looking information reflect the beliefs, opinions and projections on the date the statements are made. The Company assumes no obligation to update forward-looking information or beliefs, opinions, projections, or other factors, should they change, except as required by law.

The Company has implemented a rigorous Quality Assurance / Quality Control (QA/QC) program to ensure best practices in sampling and analysis of RAB drill, soil, rock, and stream sediment samples. All assays are performed by Bureau Veritas Commodities Canada Ltd., with sample preparation carried out at the BV facilities in Fairbanks, AK, USA. Assays are completed at either the Fairbanks laboratory or the Vancouver laboratory.

All soil and stream samples at the Tibbs, Seventymile, and Northway properties were prepared using procedure SS80 (dry at 60 C and sieve 100g at -80 mesh) and analysed by method FA430 (30g fire assay with AAS finish) and MA300 (0.25g, multi acid digestion and ICP-ES analysis). All RAB drill, rock, trench, and pan concentrate samples at the Tibbs, Seventymile, and Northway properties were prepared using procedure PRP70-250 (crush, split, and pulverise 250g to 200 mesh) and analyzed by method FA430 and MA300. All samples containing >10 g/t Au were reanalyzed using method FA530 (30g Fire Assay with gravimetric finish).

The Company makes no representation or warranty regarding the accuracy or completeness of any historical data from prior exploration undertaken by others other than the company and has not taken any steps to verify, the adequacy, accuracy or completeness of the information provided herein and, under no circumstances, will be liable for any inaccuracies or omissions in any such information or data, any delays or errors in the transmission thereof, or any loss or direct, indirect, incidental, special or consequential damages caused by reliance on this information or the risks arising from the stock market.

The Qualified Person has reviewed and verified the data collected by the Company. For samples collected at the Tibbs, Seventymile, and Northway properties, QAQC samples were inserted into the sample submittals at a rate of approximately 1 QAQC sample per 10 assay samples (approximately 10%). Standards were inserted at a rate of approximately 8 standard samples per 100 assay samples (8%), blanks were inserted at a rate of approximately 2 blank samples per 100 assay samples (2%). For Rotary Air Blast (“RAB”) drilling, field duplicate samples are systematically collected at a rate of 3 duplicates per 100 assay samples (3%). A selection of standards were used which are commercially available from a reputable vendor (OREAS and Rocklabs). All standards ultimately returned acceptable values (within approximately 15% of the expected value, or approximately one standard deviation). Those standard samples which returned suspect values were re-run at the companies request. Blank samples consisted of Browns Hill Quarry basalt, an unmineralized Quaternary basalt flow from the Fairbanks Mining District, Alaska.

Eric Buitenhuis, M.Sc., P.Geo., Vice President Exploration of Tectonic Metals Inc. and Qualified Person under National Instrument 43-101 ("NI 43-101"), has reviewed and approved the contents of this presentation.

Prospective investors should not construe the contents of this presentation as legal, tax, investment, accounting or other advice. Prospective investors are urged to consult with their own advisors with respect to legal, tax, regulatory, financial, accounting and other such matters relating to their investment in the Company.

The Company securities have not been approved or disapproved by the U.S. Securities and Exchange Commission or by any state, provincial or other securities regulatory authority, nor has the U.S. Securities and Exchange Commission or any state, provincial or other securities regulatory authority passed on the accuracy or adequacy of this presentation. Any representation to the contrary is a criminal offense.

The Company is incorporated under the laws of British Columbia, Canada. Many of the Company’s assets are located outside the United States and most or all of its directors and officers are residents of countries other than the United States. As a result, it may be difficult for investors in the United States to effect service of process within the United States upon the Company or such directors and officers, or to realize in the United States upon judgments of courts of the United States predicated upon civil liability of the Company and its directors and officers under the United States federal securities laws.

Page 3: A SHIFT IN THE GAME - tectonicmetals.com · A SHIFT IN THE GAME COMMITTED TO CREATING VALUE FOR OUR SHAREHOLDERS AND STAKEHOLDERS JULY 2020 TECT: TSX-V. 2 | CORPORATE PRESENTATION

3 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021

▪ Team with a track record of value creation, fully invested with shareholders

▪ Building a business - not just a drill bit play

▪ Milestone, strategic investment by one of Alaska’s largest Native Regional Corporations, Doyon, Ltd.

▪ Unique, district-scale opportunities in Tier 1 jurisdictions

▪ Strong cash position, compelling drill targets warranting aggressive follow-up

EXPERIENCED TEAM

DISTRICT-SCALE PROJECTS

COMMITTED PARTNERS

Page 4: A SHIFT IN THE GAME - tectonicmetals.com · A SHIFT IN THE GAME COMMITTED TO CREATING VALUE FOR OUR SHAREHOLDERS AND STAKEHOLDERS JULY 2020 TECT: TSX-V. 2 | CORPORATE PRESENTATION

4 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021

A COMPANY BUILT AROUND A TEAM

Business and community leader, global experience. Inducted into the Aboriginal Business Hall of

Fame. Until his recent retirement, Mel was the longest serving Director of Suncor Energy

Served as CEO of Kaminak Gold Corporation, acquired by Goldcorp for

$520 Million. Spearheaded Diavik Diamond

Mine discovery. Director of Suncor Energy

Raised >$165 million to fund the acquisition, advancement of the

Coffee Gold Project. Strategic alliances, JVs leading to $35m third party spending on Kaminak projects

Co-founder, President and initial CEO of Kaminak; led company

through the acquisition, discovery and maiden resource of the multi-million ounce Coffee Gold Project

Certified Professional Geologist, 40+ years of experience; recognized as one of the leading explorationists in Alaska and the Yukon.

Tony RedaPresident & CEO, Director & Founder

Eira ThomasFounder, Strategic Advisor

Rob Carpenter, Ph.D., P.Geo, Founder & Technical Advisor

Curtis J. Freeman Director & Founder

Mel Benson Chairman

Former CFO of venture capital firm, Pathway Capital Ltd., managed several private and public mining companies;

former Corporate Treasurer at Sandstorm Gold Ltd.

Part of the core technical team at Kaminak that designed, budgeted,

executed and supervised multi-million dollar exploration

and resource definition programs

40+ years’ experience spanning the mineral resource development cycle.

Past 15 years with Agnico Eagle, currently Director, Project Evaluations

Over 25 years of experience in permitting, regulatory processes and environmental

compliance. Served as the Vice President of Sustainability at Kaminak Gold Corporation

Krysta Chapman, CPA, CA, CFAChief Financial Officer

Eric Buitenhuis, M.Sc., P.Geo,Vice President, Exploration

Michael W. (Mick) Roper Director

Allison Rippin Armstrong Director

Page 5: A SHIFT IN THE GAME - tectonicmetals.com · A SHIFT IN THE GAME COMMITTED TO CREATING VALUE FOR OUR SHAREHOLDERS AND STAKEHOLDERS JULY 2020 TECT: TSX-V. 2 | CORPORATE PRESENTATION

5 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021

OUR BUSINESS MODEL

OBJECTIVE

TARGET

EXECUTE

Create transformational wealth for our shareholders and stakeholders by identifying, discovering and advancing world-class gold districts in safe, politically stable, pro-mining jurisdictions

▪ Focused on high-grade and oxide▪ Relatively low-cost entry level ▪ Must have a linear, definable path forward ▪ Potential to yield greatest return on investment

Target Discovery-Stage, District Scale Opportunities

▪ Risk vs. reward vs. cost of capital assessment determines next steps on projects

▪ All projects have a defined 3-year plan with annual deliverables

▪ Always maintain optionality, including:

− Drilling our own projects − Business transactions− Strategic alliances− Joint-venture strategy

Manage Risk/Reward Equation

Page 6: A SHIFT IN THE GAME - tectonicmetals.com · A SHIFT IN THE GAME COMMITTED TO CREATING VALUE FOR OUR SHAREHOLDERS AND STAKEHOLDERS JULY 2020 TECT: TSX-V. 2 | CORPORATE PRESENTATION

6 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021

TECTONIC & DOYON LANDMARK PARTNERSHIPSTRATEGIC FINANCING AND PROJECT AGREEMENTS

WHO IS DOYON, LTD.?

• One of Alaska’s largest Native Regional Corporations

• Largest private landholder in Alaska (one of the largest in the USA) with 12.5M acres of land selected mostly on mineral prospectivity

• Over 20,000 shareholders

• 20-year history of mineral, oil and gas exploration agreements with both junior and senior companies

TECTONIC & DOYON LANDMARK PARTNERSHIP

• Strategic C$2M investment by Doyon into Tectonic (April 2020)

• Doyon becomes Tectonic’s largest single shareholder with 22.3% ownership on a partially diluted basis

• Positions Tectonic to build value in challenging COVID-19 economic climate

• Innovative Discovery-to-Production Lease Agreements signed in 2018 on Seventymile and Northway Projects

• Large >150,000-acre mineral districts

• Tectonic first company in almost 20 years to explore both properties

“It’s a joy to work on something positive like this in the midst of dealing with daily issues arising from COVID-

19. Life, business and strong relationships such as Doyon’s and Tectonic’s will continue and thrive post

COVID-19. We are pleased to deepen the partnership with Tectonic and look forward to working with them

for many years to come.”

Doyon’s President and CEO, Aaron Schutt, April 2020

Page 7: A SHIFT IN THE GAME - tectonicmetals.com · A SHIFT IN THE GAME COMMITTED TO CREATING VALUE FOR OUR SHAREHOLDERS AND STAKEHOLDERS JULY 2020 TECT: TSX-V. 2 | CORPORATE PRESENTATION

7 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021

CAPITAL STRUCTUREAS OF SEPTEMBER 2020

Shares Outstanding 90,142,175

Fully Diluted 129,899,885

Estimated Cash C$5,400,000

Debt None

Top Shareholders (partially diluted)

29.0% Tectonic Team

16.5% Doyon, Ltd.

35.0% Various Resource Focused Funds

Most Recent Financings

2020: C$4,900,000 Raised ($0.20 Unit = 1 common share + 1 half 2-yr warrant at $0.40)

2020: C$2,100,000 Raised (Doyon: $0.20 Unit = 1 common share + 1 half 2-yr warrant at $0.40)

2019: C$5,800,000 Raised ($0.35 Unit = 1 common share + 1 full 2-yr warrant at $0.50)

Options Outstanding 400,000 @ $0.33 (Expiry Date: July 27, 2025)

Page 8: A SHIFT IN THE GAME - tectonicmetals.com · A SHIFT IN THE GAME COMMITTED TO CREATING VALUE FOR OUR SHAREHOLDERS AND STAKEHOLDERS JULY 2020 TECT: TSX-V. 2 | CORPORATE PRESENTATION

8 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021

WHY ALASKA? WHY NOW?

▪ Consistently Ranked a Top Tier Mining Jurisdiction (according to 2018 Fraser Institute Index)

‒ 3rd worldwide jurisdiction for mineral potential

‒ 5th for investment attractiveness

▪ World-class regulatory environment; stable mining regime

▪ 7 Producing Mines‒ Operated by Kinross, Hecla, Teck, Coeur Mining,

Usibelli and Northern Star (Pogo Gold Mine)

▪ Alaska (1.477 M km2) = British Columbia + Yukon (1.43 M km2)

▪ Alaska = 365.5 million acres; Population = 692,000‒ 3 million acres of mining claims cover <1% of Alaska

‒ 191 million acres open to mining (52.3% of Alaska)

‒ 59 % Federal Land

‒ 28 % State-owned Land

‒ 13 % Native-owned Land

ALASKA – YUKON “BORDER FAULT”

Fort Knox

Pogo

TetlinOreo Mnt

Taurus

White Gold

Coffee

Casino Minto

Carmacks CopperRevenue/Nucleus

Eagle Gold Mine

Rackla

Keno Hill

Stewart Crossing

Beaver Creek

Mayo

Pelly Crossing

Dawson

Eagle

Tok

Fairbanks

Plateau

Faro

Tectonic Project

Brink

Uncle Sam

ALASKA YUKON

Kilometers

0 100

Seventymile

Tibbs

Northway

Maple Leaf

Mt. Harper

Page 9: A SHIFT IN THE GAME - tectonicmetals.com · A SHIFT IN THE GAME COMMITTED TO CREATING VALUE FOR OUR SHAREHOLDERS AND STAKEHOLDERS JULY 2020 TECT: TSX-V. 2 | CORPORATE PRESENTATION

9 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021

GOODPASTER MINING DISTRICT – TIBBS GOLD PROJECT

▪ Anchored by the world-class Pogo Gold Mine owned and operated by Northern Star Resources Ltd.

▪ Robust infrastructure, power and active mill nearby

‒ Located 35kms from the Pogo Gold Mine

▪ Tectonic’s Tibbs Gold Project highlights

• New high-grade gold discoveries open for expansion

• Pogo-like high-grade mineralization at surface; three distinct styles of mineralization observed

• District-scale opportunity: 29,280 acres

GOLD EXPLORATION RUSH IS ON

ALASKA YUKON

Page 10: A SHIFT IN THE GAME - tectonicmetals.com · A SHIFT IN THE GAME COMMITTED TO CREATING VALUE FOR OUR SHAREHOLDERS AND STAKEHOLDERS JULY 2020 TECT: TSX-V. 2 | CORPORATE PRESENTATION

10 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021

TIBBS GOLD PROJECT – A POGO ANALOGUETIBBS VS POGO COMPARISON

Pogo ModelFrom Twelker, 2017, after Larimer, 2016

CHARACTERISTIC POGO TIBBS – GRAY LEAD TIBBS – MICHIGANAlteration Assemblages Qtz-sericite, biotite Qtz-biotite Qtz-sericiteCarbonate Alteration Fe-dolomite in/near veins Ankerite in/near veins Ankerite in/near veinsGold Fineness ~900 Unknown UnknownPrimary Sulphides Aspy Bi+/-Po Aspy Bi Aspy Stib PyLate Stage Mineralization As-Sb Sulphides As-Sb Sulphides As-Sb Sulphides

Tungsten MineralizationScheelite (W) in skarns

and veinsW in proximal veins W absent

Bismuth Mineralization Strong Au Correlation Strong Au Correlation No CorrelationTellurium Mineralization Strong Au Correlation Strong Au Correlation No CorrelationFluid Chemistry CO2, low salinity CO2 rich, low salinity CO2 rich, low salinityAge of Mineralization 104.2 Ma 102 Ma 102 MaSulphur Isotopes Unknown Unknown UnknownHomogenization Temp. 310-570 C 260-455 C 200-400 CCurrent Deposit Model Plutonic-related Au Plutonic-related Au Plutonic-related Au

Structural ControlsLow angle structures,

high-angle feedersHigh-angle feeder High-angle distal

▪ Similar gneissic and intrusive rocks (gneiss dome) – On “Pogo Trend”

▪ Similar geochemical signature

▪ High angle structures with Pogo-style quartz veins known at Tibbs (Gray Lead)

‒ No low angle structures hosting veins to date

▪ Low angle structures host main veins at Pogo, but:

‒ High angle veins at the Pogo North Zone

‒ Interpreted as feeders/conduits to low angle veins

‒ Previously unknown to all explorers at Tibbs property

Page 11: A SHIFT IN THE GAME - tectonicmetals.com · A SHIFT IN THE GAME COMMITTED TO CREATING VALUE FOR OUR SHAREHOLDERS AND STAKEHOLDERS JULY 2020 TECT: TSX-V. 2 | CORPORATE PRESENTATION

11 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021

TIBBS GOLD PROJECTMULTIPLE HIGH-GRADE GOLD INTERCEPTS IN DRILLING AND AT SURFACE

Wolverine

Trench

Michigan

1.385 g/t Au soil

Meters

0 500

6.03 g/t Au over 28.95m6.71 g/t Au over 9.14m

275m of mineralized strike, confirmed to 250m vertical

depth2020/2019 Drill Highlights

135 g/t Au rock

989.6 g/t Au rock

High-tenor Soil Anomaly1,000 x 400m historicgold-in-soil anomaly

10.78 g/t Au over 3.05mwithin a broader intervalof 4.50 g/t Au over 7.62m

2020 Drill Highlight

0.51 g/t Au over 12.2m2019 Drill Highlight

Blue Lead

Gray Lead

Oscar/Hilltop

2020/2019 Tectonic Drill Hole

Historical Drill Hole

Au in Soil Contour> 100 ppb

50 - 100 ppb

20 – 50 ppb

Au in Rock

> 5 g/t1.0 - 5.0 g/t0.2 - 1.0 g/t

< 0.2 g/t

2.35 g/t Au over 6.1m2019 Drill Highlight

28.69 g/t Au over 5.40mHistorical Drilling Highlight

250m of mineralized strike tested to only 120m vertical depth

Johnson Saddle1.25 g/t Au over 27.89m

Historical Drilling Highlight

Property Boundary

NTibbs Property

Wolverine

Trench

Gray Lead

Oscar Hilltop

Blue Lead

Michigan

5 km

Multiple zones open along strike and at depth

High grade gold in drill core

Pogo-style mineralization identified in drilling

and rock samples

Multiple untested soil and rock anomalies

Page 12: A SHIFT IN THE GAME - tectonicmetals.com · A SHIFT IN THE GAME COMMITTED TO CREATING VALUE FOR OUR SHAREHOLDERS AND STAKEHOLDERS JULY 2020 TECT: TSX-V. 2 | CORPORATE PRESENTATION

12 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021

TIBBS PROJECT – GRAY LEAD ZONE; 275M MINERALIZED STRIKEHISTORICAL CROSS SECTION: OPEN AT DEPTH AND ALONG STRIKE

5.33m @ 15.76 gpt incl 1.5m @ 50.59 gpt and

0.30m @ 127.63 gpt

5.70m @ 19.14 gptincl 1.10m @ 82.5 gpt

8.53m @ 1.77 gptincl 1.22m @ 5.13 gpt

1.98m @ 16.42 gptincl 0.30m @ 37.8 gpt

4.26m @ 6.13 gpt15.76 g/t over 5.33m

incl 50.59 g/t over 1.5mand

127.63 g/t over 0.30 m

19.14 g/t over 5.70mincl 82.5 g/t over 1.10m

1.77 g/t over 8.53mincl 5.13 g/t over 1.22m

16.42 g/t over 1.98mincl 37.8 g/t over 0.30m

6.13 g/t over 4.26m

Drill core in pictures grades 14.77 g/t Au

50

m

Drill core intercepts are not indicative of true width. Historical drill intercepts highlighted

Page 13: A SHIFT IN THE GAME - tectonicmetals.com · A SHIFT IN THE GAME COMMITTED TO CREATING VALUE FOR OUR SHAREHOLDERS AND STAKEHOLDERS JULY 2020 TECT: TSX-V. 2 | CORPORATE PRESENTATION

13 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021

TIBBS GOLD PROJECT - MICHIGAN 275M OF MINERALIZED STRIKE, OPEN ALONG TREND AND AT DEPTH

Trench

Michigan

Meters

0 500

6.03 g/t Au over 28.95m6.71 g/t Au over 9.14m

2020/2019 Drill Highlights

135 g/t Au rock

989.6 g/t Au rock

10.78 g/t Au over 3.05mwithin a broader intervalof 4.50 g/t Au over 7.62m

2020 Drill Highlight

0.51 g/t Au over 12.2m2019 Drill Highlight

Blue Lead

2020/2019 Tectonic Drill Hole

Historical Drill Hole

Au in Soil Contour> 100 ppb

50 - 100 ppb

20 – 50 ppb

Au in Rock

> 5 g/t1.0 - 5.0 g/t0.2 - 1.0 g/t

< 0.2 g/t

1.25 g/t Au over 27.89mHistorical Drilling Highlight

N

Tibbs Property

Wolverine

Trench

Gray Lead

Oscar Hilltop

Blue Lead

Michigan

5 km

Michigan: shallow (<200m) RAB drilling defines

275m of mineralized strike

Structurally controlled mineralization

Low and high-angle mineralized structures

identified

Intersection zones between low and high-angle

structures result in increased tenor and width of

mineralization

Identifying structural intersections is key to

unlocking full potential of Michigan

Page 14: A SHIFT IN THE GAME - tectonicmetals.com · A SHIFT IN THE GAME COMMITTED TO CREATING VALUE FOR OUR SHAREHOLDERS AND STAKEHOLDERS JULY 2020 TECT: TSX-V. 2 | CORPORATE PRESENTATION

14 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021

TIBBS GOLD PROJECT – THE GNEISS FRONTIERUNTESTED GOLD IN SOIL ANOMALIES WITHIN SAME HOST ROCKS AS POGO

Wolverine

Trench

Michigan

Meters

0 500

Blue Lead

Gray Lead

2020/2019 Tectonic Drill Hole

Historical Drill Hole

Au in Soil Contour> 100 ppb

50 - 100 ppb

20 – 50 ppb

Au in Rock

> 5 g/t1.0 - 5.0 g/t0.2 - 1.0 g/t

< 0.2 g/t

Property Boundary

NTibbs Property

Wolverine

Trench

Gray Lead

Oscar Hilltop

Blue Lead

Michigan

5 km

Newly Discovered 2020 Soil

Anomalies:

High tenor gold, arsenic, bismuth

soil anomalies

Anomalies are adjacent to known

Pogo-style vein mineralization

(Gray Lead)

Kilometre-scale potential

Priority exploration targets

Oscar/Hilltop

Johnson Saddle

Gneissic Rocks

Intrusive Rocks

Gneissic host rocks in

underexplored west of property –

similar host rocks as Pogo

Low angle thrust faulting mapped

by USGS within gneiss

Never historically explored

Page 15: A SHIFT IN THE GAME - tectonicmetals.com · A SHIFT IN THE GAME COMMITTED TO CREATING VALUE FOR OUR SHAREHOLDERS AND STAKEHOLDERS JULY 2020 TECT: TSX-V. 2 | CORPORATE PRESENTATION

15 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021

GOODPASTER MINING DISTRICT – MAPLE LEAF PROJECT

▪ The Maple Leaf Project was acquired in 2020 by staking and is 100% Tectonic owned

▪ Strategic Asset: Tectonic acquired a comprehensive dataset containing non-public data for the Maple Leaf project and broader Goodpaster Mining District

‒ Data from exploration work conducted in 2007 by Rubicon Minerals in a $3,000,000 campaign

‒ Geological, geophysical, and geochemical data including diamond drill logs and core

▪ 2020 rock grab samples include:

‒ 2.4 g/t Au, >2000 ppm Bi, >100 ppm W

‒ 2.95 g/t Au, 1357 ppm Bi, >100 ppm W

▪ Historical quartz float sampling from trace to 19.1 g/t Au, with a Au-Bi-As-Te geochemical signature similar to Pogo (Au-Bi-As-Te) and Fort Knox (Au-Bi-Te) deposits

▪ Recent Unexplained, high tenor Au surface geochemistry located in a favorable, regional-scale structure

TECTONIC STAKES NEW PROJECT, ACQUIRES STRATEGIC DATA

Page 16: A SHIFT IN THE GAME - tectonicmetals.com · A SHIFT IN THE GAME COMMITTED TO CREATING VALUE FOR OUR SHAREHOLDERS AND STAKEHOLDERS JULY 2020 TECT: TSX-V. 2 | CORPORATE PRESENTATION

16 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021

SEVENTYMILE PROJECT – 40KM LONG GREENSTONE GOLD BELT

▪ Project de-risked: Formal production agreement with top-tier Alaska Native Regional Corporation (Doyon, Ltd.)

▪ Greenstone or Orogenic gold deposits account for ~75% of gold extracted globally*

‒ Examples include the Abitibi, Kalgoorlie, Red Lake, Hope Bay, and Las Cristinas

▪ Tectonic Summer 2020 drilling campaign: 2,587m, 26-hole RAB drill program

‒ First on property in 20 years: Mineralization intercepted in all holes; expansion potential at all zones

‒ Targets exhibit kilometre-scale strike potential, with only limited RAB drilling at each target

‒ Mapping and prospecting conducted across the entire 40 km Seventymile property identifies new targets for possible reconnaissance drilling in 2021

THE OPPORTUNITY: UNDEREXPLORED GREENSTONE BELT IN TIER 1 JURISDICTION

Kms

0 5

Flanders2.0 g/t Au over 8.67m

187.9 g/t Au over 1.1m12.0 g/t Au over 1.31m7.8 g/t Au over 4.87m

(Historic Drill Highlights)

Alder Zone2.6 g/t Au over 6.7m1.6 g/t Au over 5.5m(Historic Drill Highlights)

Bonanza Zone1.34 g/t Au over 44.2m(Historic Drill Highlights)

Ptarmigan Hill4.37 g/t Au over 6.40m(Historic Drill Highlights)

*Damien Gaboury (2019) Parameters for the formation of orogenic gold deposits, Applied Earth Science, 128:3, 124-133, DOI: 10.1080/25726838.2019.1583310

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17 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021

SEVENTYMILE PROJECT

▪ Shear Zone Gold Model - Confirms previously unknown, shear-hosted gold mineralization directly below our 2018 and 2019 soil and top-of-bedrock anomalies

▪ Lode gold deposits typically form along host structures, such as faults/lithological contacts, which acted as channels for the flow of large volumes of hydrothermal fluids

▪ Common structural controls on mineralization associated with a high-grade shear zone model were not previously drill tested at Seventymile incl. Flanders Zone

SHEAR ZONE GOLD MODEL VALIDATED

Tectonic is focusing on a “Greenstone-hosted quartz-carbonate vein” deposit modelBlock image is a schematic of the relationship between tension gash veins and major shears

Where is the major shear at Seventymile?

Flanders shallow dipping extensional

veins?

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18 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021

SEVENTYMILE PROJECT – FLANDERS AREAALL ZONES OPEN ALONG STRIKE AND AT DEPTH + NEW KILOMETRE SCALE SHEAR ZONE IDENTIFIED

Meters

0 250

2020 Drill HighlightShear Zone Au

1.20 g/t Au over 4.57m

Flanders

Tension Vein Gold104.75 g/t Au over 1.52m*5.30 g/t Au over 15.24m*

Au in Soil Contour> 100 ppb

50 - 100 ppb

20 – 50 ppb

Au in Rock

> 5 g/t1.0 - 5.0 g/t0.2 - 1.0 g/t

< 0.2 g/t

2020/2019 Tectonic Drill Hole

Historical Drill Hole

2020 Drill HighlightTension Vein Gold

4.38 g/t Au over 6.10mInc. 12.0 g/t Au over 1.52m

Shear Zone GoldAlder Zone – only three

historical drill holes, all hit mineralization

2.6 g/t Au over 6.7m*

East Flanders

Alder Creek

Shear Zone Au

PermafrostDeep Creek

2020 Drill HighlightShear Zone Au

0.63 g/t Au over 6.10m

Seventymile Property

Flume

BonanzaDeep Creek

Ptarmigan Hill

FlandersAlder

Mogul Bluff

5 km

N

2020 RAB Drilling proves shear zone modelKilometre-scale strike potential, open along strike and at depthAdjacent tension veins host high-grade gold

*Historical drill highlight

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19 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021

SEVENTYMILE PROJECTTECTONIC CONNECTS FLUME ZONE TO BONANZA ZONE

Flume - Bonanza

Bonanza

Meters

0 500

2.72 g/t Au in rock

>10 g/t Au in soil

Flume-Bonanza2.07 g/t Au over 6.10m

0.44 g/t Au over 13.72m

Flume

2020/2019 Tectonic Drill Hole

Historical Drill Hole

Au in Soil Contour> 100 ppb

50 - 100 ppb

20 – 50 ppb

Au in Rock

> 5 g/t1.0 - 5.0 g/t0.2 - 1.0 g/t

< 0.2 g/t

Seventymile Property

Flume

BonanzaDeep Creek

Ptarmigan Hill

FlandersAlder

Mogul Bluff

Bonanza1.37 g/t Au over 19.81m

inc. 3.01g/t Au over 4.47m1.34 g/t Au over 44.2m*

Flume4.05g/t over 3.65m*

2.08g/t over 10.37m*

21.5 g/t Au in rock

5 km

N

Flume-Bonanza – 2020 drilling validates >3 km long prospective gold-bearing structural contactBonanza – 200m of mineralized strike; new blind mineralization discovered in shallow drilling Opportunity to test >3km long mineralized trendHigh-grade gold observed in drilling and at surface

*Historical drill highlight

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20 | TECTONIC CORPORATE PRESENTATION | TECT: TSX-V TETOF: OTCQB | TECTONICMETALS.COM | JANUARY 2021

▪ Tibbs: High-grade gold drilled; three types of mineralization now identified‒ Expanded Michigan Zone to 275m of drilled strike

‒ New km long Pogo-like soil anomalies identified

▪ Tibbs now a district-scale opportunity through acquisition of Carrie Creek

▪ Seventymile: Drilling discovers gold, validates Shear Zone Model

▪ 5 surface exploration programs across 5 projects

▪ Mt. Harper property acquired (August 2020)

▪ Maple Leaf property staked; Goodpaster Mining District dataset acquired

▪ $7M raised, including strategic $2M investment by Doyon, Ltd.

▪ OTCQB-listed (TETOF), now DTC eligible

▪ Red Cloud Securities initiates coverage (October 2020)

▪ Community: Supporting the Doyon Foundation through scholarship contributions

2020 MILESTONES

INVEST WITH US.GROW WITH US.

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TECTONIC VISION, MISSION & CORE VALUES

To be the number one mineral exploration company in the world

OUR MISSIONOUR VISION OUR CORE VALUES

To create transformational wealth for our shareholders by identifying, discovering and advancing world-class gold districts in North America with a commitment to high standards of environmental stewardship and maximizing social and economic benefits to the communities in which we live and operate in.

Passion We love what we do and are committed to the success of our company.

Patience & Perseverance “A winner is just a loser who tried one more time.

~ George M. Moore, Jr.~

Play Big We are dreamers, and as dreamers, we ignore the word impossible and play big. Whether playing big or playing small, the same amount of work is required; the only difference is the level of your insecurity. Why not play big?

FocusFocus is everything.

Integrity, Honesty, Transparency & FairnessIt is the only way to be. Our word is our bond. We do what we say, and live up to the highest standards of fairness and ethical behavior.

AccountabilityWe take responsibility for our actions and are willing to be held accountable. We learn from our experiences and search for continuous improvement.

RespectWe work hard to earn your trust and respect, for everything we do.

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Website

www.tectonicmetals.com

Email

[email protected]

Toll-free1.888.685.8558

TECT: TSX-V

TETOF: OTCQB