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First Tellurium Corp C.FTEL

Alternate Symbol(s):  FSTTF

First Tellurium Corp. is a Canada-based company, which is engaged in mineral discovery, project development, project generation and cooperative access to untapped mineral regions in Indigenous territory with sustainable exploration. The Company's projects include Deerhorn property and Colorado Klondike property. The Company owns a 50% interest in the Deerhorn property, located in northwestern British Columbia, acquired from a company related by virtue of common directors. The Company holds Colorado Klondike property, which is located in south-central Colorado, United States. The property is situated approximately 16 kilometers (km) (10 miles) from the small town of Saguache and is easily accessible through paved and gravel roads. It is a silver-gold-tellurium property, which covers approximately 5,133 hectares (ha) or 51.33 square kilometers (km2).


CSE:FTEL - Post by User

Post by Betteryear2on Feb 14, 2023 1:39pm
347 Views
Post# 35285656

First Tellurium Acquires Drill for Deer Horn Exploration

First Tellurium Acquires Drill for Deer Horn Exploration Vancouver, BC, Feb. 14, 2023 (GLOBE NEWSWIRE) -- First Tellurium Corp. (CSE: FTEL, OTC FSTTF) (the “Company” or “First Tellurium”), reports purchase of a new diamond drill to support planned drilling at the Company’s Deer Horn tellurium-gold-silver project in west central British Columbia. The drill, built by Canadian Recon Manufacturing of Maple Ridge, BC, was designed specifically for power and portability and is considered ideal for the needs at Deer Horn. The drill was purchased in a shares-only transaction from an Alaskan contractor that had never used it. The consideration totaled 2,000,000 First Tellurium shares at a deemed price of $0.235 per share. The shares issued in connection with this asset purchase are subject to a hold period expiring June 11, 2023, in accordance with applicable Canadian securities laws and the policies of the CSE.

First Tellurium Acquires Drill for Deer Horn Exploration (globenewswire.com)
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