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First Tellurium Confirms Structural Connection Between Copper Porphyry and Gold-Silver-Tellurium Systems at Deer Horn

(TheNewswire) Mineralized veins on either side of the property are likely a part of a large...

articleFirst Tellurium CorpAugust 16, 20235/company/first-tellurium-corp/news/first-tellurium-confirms-structural-connection-between-copper-porphyry-and-gold-silver-tellurium-systems-at-deer-horn
First Tellurium Confirms Structural Connection Between Copper Porphyry and Gold-Silver-Tellurium Systems at Deer Horn

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[{"type":"text","content":"First Tellurium Confirms Structural Connection Between Copper Porphyry and Gold-Silver-Tellurium Systems at Deer Horn\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Mineralized veins on either side of\nthe property are likely a part of a larger ore forming process that\ngenerated both mineralized systems.\n \n \n \n \n Vancouver, BC, Canada –\n \n \n TheNewswire -\n \n \n August 16, 2023\n \n \n –\nDr. Lee Groat, Consulting Geologist and Qualified Person (“QP”)\nfor First Tellurium Corp. (CSE:FTEL\n \n \n )\n \n \n (\n \n \n OTC:FSTTF), reports that an\nextensive mapping and sampling program at the Company’s Deer Horn\nproperty in west-central British Columbia has confirmed a crucial\nstructural connection between the property’s Pond copper porphyry\nand gold-silver-tellurium systems. The mapping and sampling program is\nbeing conducted by a team of graduate students from the University of\nBritish Columbia and the University of St. Andrews, under the\ndirection of Dr. Groat.\n \n \n \n \n Preliminary results from the 2023 work confirm that the\nprimary structure within the Deer Horn property is a large, east-west\ntrending thrust fault. Historically, mineral exploration has focused\non the southeastern part of the property, where high grade\ngold-silver-tellurium (Au-Ag-Te) mineralization is predominantly\nlocated in quartz veins associated with this thrusting event. More\nrecently, due to glacial recession, new sites in the northwestern part\nof the property have been uncovered, where significant copper\nmineralization has been observed at the Pond showing and adjacent\nareas. This is thought to be part of a new porphyry copper system,\npotentially similar to the nearby Huckleberry Mine.\n \n \n \n \n New lithological and structural mapping in 2023\nobserved this thrust fault in previously unmapped localities; a\nmoderate dip of 40° S was recorded (Fig. 1). Throughout the mapping\nprogram to date, approximately 200 additional structural measurements\nwere taken of primarily sulfide bearing-veins across the property.\nDistinct groupings were observed over several generations of vein\nformation. The main groupings of sulfide-bearing veins intersect each\nother at 60° along the thrust plane (Fig...

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