FTEL:CC - First Tellurium Provides Update on Assay Results and Data Analysis at Deer Horn

(TheNewswire)

Vancouver, BC - TheNewswire - Canada, Dec 20, 2023 - First Tellurium Corp. (CSE:FTEL ) ( OTC:FSTTF) , reports that the Company is stillawaiting assay results and interpretations from its 2023 explorationprograms at the Deer Horn polymetallic property in west-centralBritish Columbia. Exploration at the property concluded October 31, asspecified per the 2023 permit. Technical Advisor and Qualified PersonDr. Lee Groat is overseeing all data, and a comprehensive review isexpected sometime during Q1 of 2024.

“We’re receiving regular inquiries about the assayresults, and I greatly appreciate the interest from ourshareholders,” said First Tellurium President and CEO TyroneDocherty. “As the Company’s largest shareholder, I understand, andI’m as keen to get these results as anyone. We look forward toproviding more information in 2024, including our Year-endReview.”

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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