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Results from First Tellurium's 2023 Field Season at Deer Horn Indicate a Large, Connected Mineralized System
Sample and drill core analysis reinforces a near-surface copper porphyry and expanding Au-Ag-Te zone. Vancouver, BC, Canada – TheNewswire - March 7, 2024 – Firs
About this update from First Tellurium Corp
[{"type":"text","content":" Sample and drill core analysis reinforces a near-surface copper porphyry and expanding Au-Ag-Te zone. Vancouver, BC, Canada – TheNewswire - March 7, 2024 – First Tellurium Corp. (CSE:FTEL), (OTC:FSTTF), reports it has received results from its 2023 field season at the Company’s Deer Horn gold-silver-tellurium and copper porphyry project in west-central British Columbia. The exploration program consisted of property-wide prospecting and mapping as well as limited drilling that was cut short due to regional wildfires. Prospecting and mapping at Deer Horn included 125 samples that were collected and submitted for assay. The program was managed by Technical Consultant and QP Dr. Lee Groat, who reported that the work produced values as high as 48.2 ppm (48.2 grams per tonne) gold from sample 23TN068 (see Au map), 292 ppm (292 grams per tonne) silver from sample 23AL001 sample (see Ag Map), and 407 ppm tellurium (see Te map). “These results are highly encouraging,” said Groat. “The Main Te-Ag-Au Vein appears to extend right across the property, running approximately 250 m south of the surface expression of a copper porphyry. This, together with bornite and malachite surface mineralization on the far SW of the property, suggests a large system.” The assays were prepared by ALS Labs in North Vancouver using X-ray powder diffraction analysis. The highest Cu value reported was 8,310 ppm from sample 23AL006 (see Cu Map.) The highest Mo value reported was above the detection limit (>10,000 ppm) from sample 23TN064 (see Mo Map.) The highest W value reported was 1,630 ppm from sample 23TN029 (see W Map.) The six maps below show Cu, Mo, Au, Ag, Te, and W concentrations, along with alteration mineralogy characteristic of a porphyry system. The commodities Cu, Mo, Te, Au, and W are elevated towards the west of the 2023 sampling area. Ag values are elevated in both the east and west of the 2023 sampling area. These results expand the Au-Ag-Te zone towards the west of the property. “The porphyry is likely the source of all the mineralization,” said Groat, who concluded that the mapping program confirmed the primary structure within the Deer Horn property is a large, E-W trending thrust fault. “Orientations appear consistent across several lithological units. This suggests the veins formed as a result of the same structural regime and are likel...