First Tellurium plans 2023 Deer Horn IP survey
2023-01-18 13:03 ET – News Release
Mr. Tyrone Docherty reports
FIRST TELLURIUM PLANS GEOPHYSICAL SURVEY AT DEER HORN IN 2023
First Tellurium Corp. is finalizing plans to conduct induced polarization (IP) geophysics on the Deer Horn project during the 2023 exploration season. The program is designed to help develop drill targets for a planned campaign this summer. Deer Horn is located in west-central British Columbia, 36 kilometres south of the Huckleberry copper-molybdenum mine and 135 km southwest of the community of Burns Lake.
The IP survey will follow up on successful rock sampling, channel sampling and prospecting conducted in 2022, which identified a possible 1.1-kilometre (0.7-mile) extension of the existing 2.4-kilometre (1.5-mile) gold-silver-tellurium vein system. This system may now extend a total of 3.5 kilometres (2.2 miles).
Drill targets from the IP survey will augment additional drill targets, identified in the Deer Horn preliminary economic assessment (PEA) as “… infill and tightly spaced stepout diamond drilling focused both on upgrading and expanding the existing resource.”
The upcoming season at Deer Horn will also include a planned, property-wide soil sampling program led by First Tellurium QP (qualified person) and adviser Dr. Lee Groat and a team of University of British Columbia grad students. Due to receding glaciers, a significant amount of ground is now open that has never been explored.
“We’re looking forward to active seasons at both our Deer Horn and Klondike tellurium projects,” said First Tellurium president and chief executive officer Tyrone Docherty. “At Deer Horn, the combination of geophysical work, drilling and soil sampling will give us a wealth of crucial data to move the property forward. Deer Horn has never undergone exploration of this magnitude and I’m confident we will have positive news to share as the season progresses.”
Mr. Docherty added: “We’re currently in the planning stages for work at the Colorado Klondike property. Data and interpretations from soil sampling in 2022 are informing a phase 1 drilling program planned there for 2023.”
About First Tellurium Corp.
First Tellurium’s unique business model is to generate revenue and value through mineral discovery, project development, project generation and co-operative access to untapped mineral regions in indigenous territory with sustainable exploration.
The company’s polymetallic (tellurium, gold, silver copper and tungsten) Deer Horn project in British Columbia and Klondike tellurium-gold property in Colorado anchor a diversified search for metals, working in alliance with Indigenous peoples, NGOs (non-government organizations), 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.
We seek Safe Harbor.
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