Source: First Tellurium Corp.
  • In March, First Tellurium acquired the Klondike tellurium-gold-silver property from Colorado Klondike LLC.
  • The company hired three world leading geologists, and a scientific expert in rare metals
  • During 2021 the company successfully completed several capital raises for total proceeds of C$1.8 million
  • First Tellurium will commence exploration work on the Klondike property in the spring of 2022 and continue exploration on the Canadian Deer Horn property beginning in the summer
  • First Tellurium explores for metals in British Columbia through Indigenous collaboration
  • First Tellurium (FTEL) opened trading at C$0.285 per share

First Tellurium (FTEL) achieved its exploration, management and financing goals in 2021.

In March, the company completed the acquisition of its Klondike tellurium-gold-silver property from Colorado Klondike LLC.

“The property has by far the highest Tellurium grades in rock samples of hundreds of prospects and mines examined…” The company intends to begin exploration work in the spring of 2022 on the Colorado asset.

The company received a five-year exploration work permit from the BC Ministry of Mines and Energy to conduct exploration on First Tellurium’s polymetallic Deer Horn Property in west-central British Columbia. Work at Deer Horn is expected to resume in the summer of 2022.

First Tellurium strengthened its management team, including three world-leading geologists, and a scientific expert in rare metals from earth to shelf.

On the exploration front, John Keller, a veteran geologist joined the team. John stated, “The Klondike property has by far the highest tellurium grades in rock samples of the hundreds of prospects and mines we examined in the US and Canada from 2006 to 2011.”

George Klemmick, a senior geologist with over 32 years in the field working as a project and exploration manager brings a wealth of hands-on experience to our project. George commented, “I am most impressed with the properties held by First Tellurium.”

James Guilinger’s Tellurium exploration and development experience span more than 20 years. The company commented,“You’d be hard pressed to find anyone with more tellurium exploration experience than Jim.”

Dr. Ojebuoboh is an expert in the recovery, chemical processing and commercial application of rare metals. “Whether your resource is in the ground, being refined, or manufactured into a finished product, Dr. Ojebuoboh is your man.”

During 2021 the company successfully closed multiple financing rounds for total proceeds of C$1.8 million.

“We made remarkable progress in 2021 laying the foundations for our 2022 initiatives,” stated Tyrone Docherty, CEO of First Tellurium.

“Through 2022 our team will assess additional assets that are rich in Tellurium. In the spring of 2022, we will commence exploration work on our Colorado-based Klondike property and in the summer of 2022, we will continue further exploration on our Canadian Deer Horn property. 

In 2022, we anticipate some strategic alignments with corporations that can add additional value to our corporate offering and the signing of some future off-take agreements. I couldn’t be happier with our accomplishments in 2001 and I look forward to our achievements in 2022.”

First Tellurium’s unique business model is to generate value and revenue through mineral discovery, project development, project generation and cooperative access to untapped mineral regions in the Indigenous territory with sustainable exploration.

Our polymetallic (tellurium, gold, silver copper, 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, governments and leading metals buyers. This is the future of mineral exploration: generating revenue by exploring responsibly and leveraging diverse partnerships.

First Tellurium explores for metals in British Columbia through Indigenous collaboration on industrial, social and environmental ventures.

First Tellurium (FTEL) opened trading at C$0.285 per share.

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