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First Tellurium Launching September Drill Program and IP Survey at Deer Horn, Conducts Private Placement Financing
(TheNewswire) Following up on successful prospecting, mapping and sampling conducted over p...
About this update from First Tellurium Corp
[{"type":"text","content":"First Tellurium Launching September Drill Program and IP Survey at Deer Horn, Conducts Private Placement Financing\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 Following up on successful\nprospecting, mapping and sampling conducted over past two\nyears.\n \n \n \n \n Vancouver, BC, Canada –\n \n \n TheNewswire -\n \n \n September 11, 2023\n \n \n – First Tellurium Corp. (CSE:FTEL\n \n \n )\n \n \n (\n \n \n OTC:FSTTF), reports that its\nSeptember drill program is scheduled to launch in the second half of\nSeptember at the Company’s Deer Horn property in west-central\nBritish Columbia.  Drilling will focus on the Pond zone copper-gold\nporphyry target, where the objective is to intersect disseminated\nmineralization and help locate the main mineral zone in the\nsubsurface. This information, combined with results from work over the\npast two years, would inform an expected much larger drill program in\n2024.\n \n \n \n \n First Tellurium is also launching an Induced\nPolarization (IP) geophysical survey in September. The Company has\nengaged Dias Geophysical of Saskatoon, Saskatchewan to conduct the\nsurvey. The program will follow up on successful rock sampling,\nchannel sampling and prospecting conducted in 2022, and\n \n \n \n mapping\n \n \n \n and\n \n \n \n rock sampling\n \n \n \n conducted in August 2023. This combined work has extended the\ncopper-gold porphyry target to five kilometers (3.1 miles) in length,\nwhich includes a possible 1.1-kilometer (.7 miles) extension of the\nexisting 2.4-kilometer (1.5 miles) gold-silver-tellurium vein system,\nwhich now extends a total of 3.5 kilometers (2.2 miles) within the\noverall porphyry target.\n \n \n \n \n “Our prospecting, mapping and sampling over the past\ntwo years has given us an extensive base of information to support the\ndrilling and IP survey,” said First Tellurium President and CEO\nTyrone Docherty. “What we have learned is that both the copper-gold\nporphyry target and gold-silver-tellurium vein system extend much\nfarther than we first understood. Even more important is the discovery\nlast month that the two mineralized systems are connected, supporting\nthe premise that the property could support a large copper-gold\nporphyry acro...