CSE: FTEL | OTC: FSTTF |G1J.FRANKFURT
First Tellurium’s leadership includes a board and advisory group with industry leaders in finance, mineral property development, geology, mineralogy, solar power, engineering, research and First Nations engagement/economic development.
The 51 square-kilometer Deer Horn project in north-central BC is the only known property in North America with an NI 43-101 resource for silver-gold-tellurium. Also contains porphyry-style copper and tungsten with lead and molybdenum.
PEA indicates “robust” economics with a 1.6-year payback and 9-year open pit mine life. PEA IRR return of at least 42% (using gold price of $1,300). Estimated $28.3M CapEx, after-tax NPV of $36.5M
Provides access to vast areas of BC with First Nations sanction and historical knowledge of mineral occurrences.
Only 86M shares outstanding, 120M fully diluted.
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