First Tellurium Corp · CSE:FTEL
First Tellurium — Investor Presentation (April 2022)
34 slides from First Tellurium's investor presentation, April 2022
Slide 1: Essential Metals for a Sustainable Future
Tellurium. Gold. Silver. Copper. Tungsten. ESSENTIAL METALS FOR A SUSTAINABLE FUTURE APRIL 2022 CSE: FTEL METALS FOR CLEAN TECHNOLOGY AND A LOW-CARBON ECONOMY. APRIL 2022 ESSENTIAL METALS FOR A SUSTAINABLE FUTURE
Slide 2: Cautionary Disclaimer: Forward Looking Statements
Cautionary Disclaimer: Forward Looking Statements DISCLAIMER The information provided in this presentation is not intended to be a comprehensive review of all matters and developments concerning the Company. It should be read in conjunction with all other disclosure documents of the Company. The inf
Slide 3: We Are Unique
We Are Unique: Committed to exploring for, and providing, essential and critical metals (Te, Au, Ag, Cu, W) Fenix Advanced Materials partnership – potential future tellurium extraction and purification; developing new Li-Te batteries Klondike Property, Colorado – High-grade Te project will und
Slide 4: Leveraging Diverse Partnerships
Leveraging Diverse Partnerships 4 APRIL 2022 ESSENTIAL METALS FOR A SUSTAINABLE FUTURE
Slide 5: Share Capital Snapshot
Share Capital Snapshot Symbol FTEL - CSE Shares Outstanding 61,375,931 Reserved for Issuance 17,079,668 Fully Diluted 78,455,599 52-Week Range C$0.05 - $0.71 Recent Price C$0.30 5 APRIL 2022 ESSENTIAL METALS FOR A SUSTAINABLE FUTURE
Slide 6: Why Tellurium? Vital for Energy and Technology
Why Tellurium? Vital for Energy and Technology Includes Phase Change memory and technologies under research. Te is the most important metal for using heat to generate electrical power. METALS FOR CLEAN TECHNOLOGY AND A LOW-CARBON ECONOMY. 6 APRIL 2022 ESSENTIAL METALS FOR A SUSTAINABLE FUTURE
Slide 7: Key Applications for Tellurium – Present & Future
Key Applications for Tellurium – Present & Future High-efficiency cadmium telluride (Cd-Te) solar panels Next-generation lithium-ion batteries Semiconductors Thermoelectric devices Phase-change memory chips Low-energy desalination METALS FOR CLEAN TECHNOLOGY AND A LOW-CARBON ECONOMY. 7 A
Slide 8: Tellurium’s Role in the Solar Energy Revolution
Tellurium’s Role in the Solar Energy Revolution Thin-film, cadmium telluride (CdTe) solar panels preferred for large-scale and utility applications Second-most utilized solar material in the world, after silicon METALS FOR CLEAN TECHNOLOGY AND A LOW-CARBON ECONOMY. 8 APRIL 2022 ESSENTIAL METALS
Slide 9: CdTe PV lifecycle carbon footprint quote
“On a lifecycle basis, CdTe PV has the smallest carbon footprint, lowest water use and shortest energy payback time of all solar technologies.” "Energy payback time and carbon footprint of commercial photovoltaic systems“ Solar Energy Materials & Solar Cells. METALS FOR CLEAN TECHNOLOGY AND A LOW-CA
Slide 10: Fenix Partnership
Fenix Partnership Working with UBC Okanagan to develop next-generation lithium- tellurium (Li-Te) battery Partners with FTEL for potential future tellurium extraction and purification plus other synergies to achieve a vertically integrated enterprise for cleantech metals. Fenix is a cleantech
Slide 11: Fenix Li-Te Battery Development
Fenix Li-Te Battery Development Collaborative R&D with UBC Okanagan May last up to four times longer than conventional lithium-ion batteries, with more power Recently reported on Global News Developed out of years of research and A bank of lithium-tellurium batteries is tested over $1M of de
Slide 12: Fenix founder and FTEL CEO at the Fenix plant in Trail
Left-to-right, Fenix founder Don Freschi, Vince Demolo, Fenix Senior Technician and FTEL CEO Tyrone Docherty with a specimen of ultra-high-purity tellurium at the Fenix plant in Trail, British Columbia. “With First Tellurium, we will complete the supply chain, from the ground to purification and imp
Slide 13: Fenix commitment to the collaboration
“Fenix is very excited and fully committed to this collaboration by committing $1 million over the five-year project.” Fenix CEO Don Freschi “With First Tellurium, we will complete the supply chain, from the ground to purification and implementation, as we meet the local demand for the highest purit
Slide 14: Klondike Property Overview
High-Grade Tellurium, Gold and Silver KLONDIKE PROPERTY OVERVIEW 14
Slide 15: High-grade Tellurium, Gold, Silver
High-grade Tellurium, Gold, Silver ► Located 10 miles (16 km) from Saguache, CO. ► Accessible via paved and gravel roads. ► Most exploration can be performed year-round. 15 APRIL 2022 ESSENTIAL METALS FOR A SUSTAINABLE FUTURE
Slide 16: Klondike highest tellurium grades quote
“The Klondike property had by far the highest tellurium grades in rock samples of the hundreds of prospects and deposits we examined in the US and Canada. Some samples at Klondike were an order of magnitude higher in Te grade than any others.” Colorado Klondike LLC General Manager John Keller, who o
Slide 17: Klondike Property Highlights
Klondike Property Highlights ► Exceptional tellurium prospect held previously by First Solar Inc., one of the world’s largest solar panel producers. ► Klondike was considered one of First Solar's top tellurium prospects worldwide. ► First Solar planned to use Klondike as a potential primary source o
Slide 18: Klondike Property – First Solar’s Exploration
Klondike Property – First Solar’s Exploration ► First Solar performed geophysics, sampling, drill targeting, and permitting from 2009 to 2011, encountering exceptionally high grades for Te. ► First Solar’s world Te acquisition program was abandoned before drilling identified Klondike targets. ► FTEL
Slide 19: Noted by Colorado Geological Survey
Noted by Colorado Geological Survey ► The Colorado Geological Survey (CGS), in partnership with the Colorado School of Mines, reported on First Solar’s exploration at Klondike in the 2015 Colorado Mineral and Energy Industry Activities 2014-2015 publication. In particular, the CGS noted: o “Surface
Slide 20: Deer Horn Property Overview
High-Grade Tellurium, Silver, Gold with Copper. DEER HORN PROPERTY OVERVIEW METALS FOR CLEAN TECHNOLOGY AND A LOW-CARBON ECONOMY. 20 APRIL 2022 ESSENTIAL METALS FOR A SUSTAINABLE FUTURE
Slide 21: High-grade Polymetallic Property
High-grade Polymetallic Property 21 APRIL 2022 ESSENTIAL METALS FOR A SUSTAINABLE FUTURE
Slide 22: Deer Horn Property Highlights
Deer Horn Property Highlights ► 5,133 ha (51.33 sq km) located 36 km south of the prolific Huckleberry Cu-Mo mine ► One of few significant tellurium discoveries outside of Asia ► 2.4 km-long vein system comprised of high-grade Au-Ag-Te and broader zones of bulk-tonnage Au-Ag-Te mineralization ► Porp
Slide 23: In a Mining-Friendly Region with Nearby Infrastructure
In a Mining-Friendly Region with Nearby Infrastructure Huckleberry Mine Ootsa Cu-Au Porphyry Deer Horn Property FIRST TELLURIUM 23 APRIL 2022 ESSENTIAL METALS FOR A SUSTAINABLE FUTURE
Slide 24: Key Zones for Au, Ag, Te and W (Tungsten)
Key Zones for Au, Ag, Te and W (Tungsten) FIRST TELLURIUM Deer Horn Project Feb 2019 24 APRIL 2022 ESSENTIAL METALS FOR A SUSTAINABLE FUTURE
Slide 25: Deposit remains open; infill drilling merited
“The deposit remains open to the west, to the east and down-dip and there are several internal gaps that require drilling. “The Deer Horn Property merits infill and tightly-spaced step-out diamond drilling focused both on upgrading and expanding the existing resource.” NI-43-101 Technical Report on
Slide 26: Resource Estimate: Au, Ag, Te
Resource Estimate: Au, Ag, Te One of the few known resources of gold-silver-tellurium that has been NI 43-101 certified. Calculated on only 20% of the known mineralized zone. Tonnes> Te Te Au Cutoff Au Grade Ag Grade Au Contained Ag Contained Category Cutoff Grade Contained (g/t) (g/t) (g/t) Ounces
Slide 27: Deer Horn PEA Highlights
Deer Horn PEA Highlights* (Values in $CDN unless indicated otherwise.) ► Pre-tax NPV (5%) of $56.6 million and internal rate of return of 56%; ► After-tax NPV (5%) of $36.5 million and IRR of 42% ► Initial Capital of $28.3 million ► After-tax payback of initial capital in 1.6 years; PEA figures calc
Slide 28: Benefits of Our “Small Mine” Approach
Benefits of Our “Small Mine” Approach With a positive Preliminary Economic Assessment completed at the Deer Horn Property, First Tellurium’s strategy is to start with a small mine and expand the resource over time. This strategy offers significant advantages, including: ► Current PEA resource covers
Slide 29: Deer Horn Property Copper Porphyry Potential
Deer Horn Property Copper Porphyry Potential ► New copper porphyry potential adds further exploration value to the property ► Prospecting in 2012 identified new showings indicative of a buried copper porphyry system. ► Samples produced results as high as 4240 ppm Cu and 6.6 g/t Ag. METALS FOR CLEAN
Slide 30: Copper Porphyry: Three Discoveries
Copper Porphyry: Three Discoveries ► Bulk-tonnage, porphyry-style copper-silver mineralization and associated alteration located north of the Deer Horn adit ► Discovery resulted from receding glacier – was unavailable to previous explorers. ► Full extent of either showing unknown and open at this ti
Slide 31: To porphyry-style Cu-Au showing
FIRST TELLURIUM Deer Horn Project Feb 2019 To porphyry-style Cu-Au showing 31
Slide 32: What’s Next for First Tellurium?
What’s Next for First Tellurium? 1) Klondike Project - follow up on First Solar’s recommended drill program in 2022 2) Fenix Advanced Materials partnership: continue advancement of lithium-tellurium batteries 3) Investigate and acquire other tellurium projects in North America 4) Deer Horn Project -
Slide 33: Management & Directors
Management & Directors Tyrone Docherty, President & CEO Former President & CEO of Quinto Mining Inc., where with limited resources in a difficult market he raised more than $30 million and advanced a Quebec iron ore property to a viable project. Sold Quinto to Consolidated Thompson Iron Mines in Jun
Slide 34: Contact Info
Contact Info Tyrone Docherty President & CEO Tel +1.604.916.7259 tyrone@firsttellurium.com Tony Fogarassy Chairman Tel: +1.604.808.8210 tony@firsttellurium.com Head Office: Suite 381 – 1440 Garden Place Delta, BC V4M 3Z2 Tel +1.604.916.7259 www.firsttellurium.com 34 APRIL 2022 ESSENTIAL METALS FOR A