FTEL:CC - First Tellurium Interpreting IP Survey Data in Preparation for 2024 Exploration Program at Deer Horn Project

(TheNewswire)

Interpreted data expected to provide guidance andtargets for planned exploration, including drilling.

Vancouver, BC, Canada, June 27,2024 – TheNewswire – First Tellurium Corp. (CSE: FTEL , OTC: FSTTF ),reports it has contracted with Campbell & Walker Geophysics tointerpret data from First Tellurium’s 2023 Induced Polarizationgeophysical survey at the Deer Horn Property in West Central BritishColumbia.

The objective of the interpretation is to provideadditional guidance for planned exploration at Deer Horn, includingdrilling, for the 2024 season.

“For much of 2024, we have focused on setting upmanufacturing for the PyroDelta thermoelectric device,” said FirstTellurium President and CEO Tyrone Docherty. “With that processmoving into the hands of the very capable RESOLVE ngo (as reported June5 and June25 ), we are refocusing on advancingthe Deer Horn Project.”

Exploration at Deer Horn in 2023 expanded themineralized zone to approximately 17.5 square kilometers with agrowing copper porphyry and high-grade Au-Ag-Te. This work alsoconfirmed a crucial structural connection between the property’sPond copper porphyry and gold-silver-tellurium systems. Furtherinformation about the 2023 program can be found in the Company’snews releases dated August16 , August31 , October4 and November6 , 2023.

Campbell & Walker Geophysics is located at 16 ForthStreet, Edinburgh, ML EH1 3LH, Scotland.

About First Tellurium Corp.

First Tellurium’s unique business model is togenerate revenue and value through mineral discovery, projectdevelopment, project generation and development of tellurium-basedtechnologies.

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 asrequired by law, the Company does not intend to revise or update theseforward-looking statements after the date hereof or revise them toreflect the occurrence of future unanticipated event.

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