About

Small Footprint. Big Impression.

An Explanation of First Tellurium’s Small Mine and Phased Approach Strategy

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 it over time. A key driver of this strategy is Indigenous support, including potential investment and employment. This phased approach offers significant advantages over larger mines, including:

Much lower exploration/development costs
Much lower CapEx (only $28.3M)
Much faster time to production and cash flow
Exceptional post-tax payback – 1.6 years
Faster delivery of tellurium to buyers

Potential dilution-free funding for resource development
Less onerous permitting with a small mine application
Support from Indigenous governments
Smaller environmental footprint
May provide dilution-free funds to explore other areas

Generating ROI through mineral exploration, partnerships and responsible exploration

Our Impact Business Model helps us leverage responsible and innovative exploration. We recognize that the future of exploration is cooperation with Indigenous governments, funding innovation, partnerships and thinking outside of conventional exploration models. In our exploration and partnerships, we strive to generate a measurable, beneficial social or environmental impact alongside a financial return.

Our Vision

Our vision is to maximize returns to our investors through our Impact Growth Model for mineral exploration, generating valuable mineral discoveries while helping empower and enrich our Indigenous partners and advancing sustainable exploration.

Our Mission

The Company’s mission is to build a new revenue model for the junior resource industry by partnering with Indigenous governments, industry leaders, NGOs and environmental organizations.

Our Purpose

Using a scaled approach, we will create a minimal environmental footprint while building low-cost, efficient operations that allow us to begin production on a shorter timeline. We will work closely with our partners to ensure sustainable and ethical operations while building wealth and value for all stakeholders.

Our Strategy

Our strategy is to generate revenue and share value by leveraging responsible and innovative exploration. We recognize that the future of exploration is cooperation with Indigenous peoples, funding innovation, partnerships and thinking outside of conventional exploration models.

Our Core Values at First Tellurium

Enterprise

Think and work creatively, with intention and always towards greater revenue and margin for shareholders.

Ethics

Operate with integrity, fairness and honesty.

Stewardship

Responsible growth with minimal environmental impact, strong community relations, particularly with Indigenous peoples and host communities, contribute to regional well-being.

Respect

Treat employees, suppliers, shareholders and all other stakeholders respectfully and honourably.

Authenticity

Tell the bad news with the good, be honest and transparent.

Unique Amongst Junior Exploration Firms

As an investor, not only are you investing to find metal, you’re investing in Indigenous support, responsible mineral exploration and environmental rehabilitation.

Our Cheona Metals First Indigenous partnership expands opportunities, opens up mineral ground that most companies don’t have access to and provides a vehicle for new beneficial partnerships. Through its connection with RESOLVE and the Salmon Gold Initiative, Cheona Metals is now aligned with Apple & Tiffany for sales of Responsible Gold.