Management with track record of project monetization
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.
Advanced, district-scale project with high-grade gold, silver and tellurium
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.
Completed positive PEA with near-term production potential
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
Unique First Nations partnership opens up largely unexplored ground in Northern BC
Provides access to vast areas of BC with First Nations sanction and historical knowledge of mineral occurrences.
Tight share structure with significant management ownership