Tectonic Metals gets funding for gold exploration in Alaska
The company's Flat gold project is located 40 km north of the giant Donlin gold project.
Spot gold prices retreated from two-week highs on Tuesday after being repulsed by the $1,700 per ounce level. Losses continued in New York trade after hours on the back of the March options expiry where June contracts were last trading at $1,683 an ounce .