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Bullboard - Stock Discussion Forum First Tellurium Corp C.FTEL

Alternate Symbol(s):  FSTTF

First Tellurium Corp is exploring and developing tellurium projects in British Columbia and Colorado. The Company’s business model is to generate revenue and value through mineral discovery, project development, project generation and development of tellurium-based technologies. It has interests in exploration and evaluation assets in British Columbia, Canada and Colorado, USA and its principal... see more

CSE:FTEL - Post Discussion

First Tellurium Corp > First Tellurium Completes Soil Sampling Program at Klondike
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Post by AveragePenny on Oct 26, 2022 11:46am

First Tellurium Completes Soil Sampling Program at Klondike

Vancouver, BC, Canada, Oct. 26, 2022 (GLOBE NEWSWIRE) -- First Tellurium Corp. (CSE: FTEL, OTC FSTTF) (the “Company” or “First Tellurium”), is pleased to report that its US-based team of geologists has completed soil sampling at the Company’s Klondike tellurium-gold project in south-central Colorado. Data and interpretations from this program will inform a Phase 1 drilling program at Klondike planned for 2023, helping to better formulate drillhole targeting and permitting drill sites.

A total of 343 soil samples were collected over nine days on a grid measuring 1 kilometer x 1 kilometer, with variable sample spacing of 30 to 60 meters east-west and 60 meters north-south. The original grid plan and budget (as announced in the FTEL news release of October 13, 2022) called for 550 samples. The number of samples needed to complete the program’s goals was reduced by eliminating samples from areas of transported alluvial deposits, areas of excessively steep terrain with rock talus/scree and little or no soil and eliminating a few peripheral grid lines in areas of lower priority as determined by the geological team on site. All samples will be shipped to ALS Geochemistry for trace-level analysis of 51 elements, including tellurium and gold. Results are expected to be received by mid-to late December.

A slide show from the soil sampling program can be viewed here on the First Tellurium website.

“This program was essential for setting up our planned 2023 drill program,” said First Tellurium President and CEO Tyrone Docherty. “We had an exceptional team of senior exploration geologists managing the project, all of whom had previously conducted tellurium exploration on behalf of First Solar.”

John Keller, Klondike’s Project Manager, directed the soil sampling program. Keller worked previously for First Solar from 2006-2011, first as a consulting geologist and then as Exploration Manager, North America. He visited and sampled numerous tellurium prospects for First Solar in the US and Mexico as well as China, Australia, and the Russian Far East. He also managed a series of drilling programs at First Solar’s Bambolla tellurium-gold project in Mexico prior to First Solar terminating their Denver-based Raw Materials exploration group in 2012. George Klemmick visited and sampled tellurium prospects in Alaska, Montana, Yukon Territory, and Sardinia. Pete Herrera mapped and sampled several tellurium prospects in Nevada. All three gentlemen are Certified Professional Geologists (CPG) with the American Institute of Professional Geologists (AIPG) and are considered Qualified Persons for exploration geology under NI-43-101 rules.

https://www.globenewswire.com/news-release/2022/10/26/2541693/0/en/First-Tellurium-Completes-Soil-Sampling-Program-at-Klondike-Project-in-Colorado.html

Comment by canasol47 on Oct 26, 2022 2:21pm
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