FTEL:CC - InvestorNewsBreaks - First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) Confirms Crucial Structural Connection at Deer Horn
First Tellurium (CSE: FTEL) (OTC: FSTTF) today announced that an extensive mapping and sampling program at its Deer Horn property in west-central British Columbia has confirmed a crucial structural connection between the property’s Pond copper porphyry and gold-silver-tellurium systems. Under the direction of Dr. Lee Groat, consulting geologist and qualified person (“QP”) for First Tellurium, the mapping and sampling program is being conducted by a team of graduate students from the University of British Columbia and the University of St. Andrews. According to the update, preliminary results from the 2023 work confirm the primary structure within the Deer Horn property as a large, east-west trending thrust fault. Historically, mineral exploration focused on the southeastern part of the property, where high-grade gold-silver-tellurium (“Au-Ag-Te”) mineralization is predominantly located in quartz veins associated with this thrusting event. Due to glacial recession, new sites in the northwestern part of the property have been uncovered more recently, where significant copper mineralization has been observed at the Pond showing and adjacent areas. This is thought to be part of a new porphyry copper system, which is potentially similar to the nearby Huckleberry Mine.
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About First Tellurium Corp.
First Tellurium’s unique business model is to generate revenue and value through mineral discovery, project development, project generation and cooperative access to untapped mineral regions in Indigenous territory with sustainable exploration. Its Klondike tellurium-gold property in Colorado and polymetallic Deer Horn Project in British Columbia anchor a diversified search for metals, working in alliance with Indigenous peoples, NGOs, governments and leading metals buyers. This is the future of mineral exploration—generating revenue by exploring responsibly and leveraging diverse partnerships. First Tellurium proudly adheres to, and supports, the principles and rights set out in the United Nations Declaration on the Rights of Indigenous Peoples and, in particular, the fundamental proposition of free, prior and informed consent. For more information about the company and its projects, visit www.FirstTellurium.com.
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