The IP survey will follow up on successful rock sampling, channel sampling and prospecting conducted in 2022, which identified a possible 1.1-kilometer (.7 miles) extension of the existing 2.4-kilometer (1.5 miles) gold-silver-tellurium vein system. This system may now extend a total of 3.5 kilometers (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 step-out 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 and Advisor Dr.
“We’re looking forward to active seasons at both our Deer Horn and Klondike tellurium projects,” said
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’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.
Our polymetallic (tellurium, gold, silver copper, tungsten)
On behalf of the board of directors of “Tyrone Docherty” President and CEO | For further information please contact: 604.789.5653 tyrone@firsttellurium.com |
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Forward-looking information
All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated event.
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