FTEL:CC - Australia Joins Five Other Countries in Adding Tellurium to its Critical Metals List

(TheNewswire)

First Tellurium invited to participate in the EnergyTransition Metals Summit in Washington, DC

Vancouver, BC, Canada – TheNewswire -- January 16, 2024 –First Tellurium Corp. (CSE: FTEL ) ( OTC: FSTTF ), reports thatthe Australian Department of Industry, Science and Resources has addedtellurium to its Critical Minerals List. The department notes thattellurium has become one of 30 minerals considered essential toAustralia’s modern technologies, economies and/ or nationalsecurity, and that are vulnerable to supply chain disruption.

Australia joins the U.S., Canada, the United Kingdom,India and South Korea in designating tellurium as a criticalmineral.

“As world tensions and supply chain issues ratchetup, critical minerals like tellurium are becoming more important totechnology and national security,” said First Tellurium Presidentand CEO Tyrone Docherty. “This is why both the U.S. and Canada areestablishing significant funding for critical mineral exploration andproduction.”

Docherty noted that First Tellurium’s Deer HornProperty in British Columbia holds more critical minerals thantellurium.

“Deer Horn was staked originally for its tungsten,which is considered a critical mineral in Canada, the U.S. and anumber of other countries,” said Docherty. “In addition totungsten, Deer Horn contains showings of the critical minerals bismuthand molybdenum, as well as copper, gold and silver.”

First Tellurium Invited to EnergyTransition Metals Summit

As a result of First Tellurium’s leading position intellurium exploration, the Company was invited to, and willparticipate in, the Energy Transition Metals Summit in Washington, DC in late April. The summit is described as the “premierindependent investment conference focused on explorers, developers andemerging producers of copper, uranium, lithium, cobalt and criticalmetals dedicated to the Global Energy Transition.”

“We’re pleased to have been invited, and we lookforward to participating in, this event,” said Docherty. “It’ssymbolic of how crucial the supply of critical metals is to nationalindustry and security.”

About First Tellurium Corp.

First Tellurium’s unique business model is togenerate revenue and value through mineral discovery, projectdevelopment, project generation and cooperative access to untappedmineral regions in Indigenous territory with sustainableexploration.

Our Klondike tellurium-gold property in Colorado andpolymetallic Deer Horn Project in British Columbia anchor adiversified search for metals, working in alliance with Indigenouspeoples, NGOs, governments and leading metals buyers. This is thefuture of mineral exploration—generating revenue by exploringresponsibly and leveraging diverse partnerships.

First Tellurium proudly adheres to, and supports, theprinciples and rights set out in the United Nations Declaration on theRights of Indigenous Peoples and in particular the fundamentalproposition of free, prior and informed consent. First Tellurium islisted on the Canadian Stock Exchange under the symbol “FTEL” andon the OTC under the symbol “FSTTF”. Further information aboutFTEL and its projects can be found on www.firsttellurium.com .

Neither theCanadian Securities Exchange nor its regulations services acceptresponsibility for the adequacy or accuracy of this release.

Forward-lookinginformation

All statements included in thispress release that address activities, events or developments that theCompany expects, believes or anticipates will or may occur in thefuture are forward-looking statements.  These forward-lookingstatements involve numerous assumptions made by the Company based onits experience, perception of historical trends, current conditions,expected future developments and other factors it believes areappropriate in the circumstances. In addition, these statementsinvolve substantial known and unknown risks and uncertainties thatcontribute to the possibility that the predictions, forecasts,projections and other forward-looking statements will proveinaccurate, certain of which are beyond the Company’s control. Readers should not place undue reliance on forward-lookingstatements.  Except as required by law, the Company does not intendto revise or update these forward-looking statements after the datehereof or revise them to reflect the occurrence of futureunanticipated event.

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