First Tellurium Corp. (GODYF.PK) (FTEL.CN)

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First Tellurium Recruits First Solar’s Previous Exploration Manager and Veteran Geologist John Keller to Advisory Board

Mr. Keller is Appointed Project Manager of the Klondike Tellurium Property.

 

Vancouver, BC, Canada, November 23  2021 – First Tellurium Corp. (CSE: FTEL) (OTCPK: GODYF), (the “Company” or “First Tellurium”), is pleased to introduce veteran Certified Professional Geologist John Keller who has joined the company’s advisory board and will manage exploration and development of its Klondike tellurium property in Colorado.

 

The largest use of tellurium (Te) in the past decade or more has been in the manufacture of thin-film photovoltaic solar panels.  Tellurium, along with cadmium, is an essential component of the thin photovoltaic layer which generates the electricity from solar radiation.

 

First Solar is one of the world’s largest manufacturers of solar panels with a market cap of nearly USD 12 Billion and trades on the NASDAQ market. Tellurium is vital to its solar panel manufacturing.

 

The Klondike property was previously owned by First Solar where Mr. Keller worked from 2006 to 2011, initially as a consulting geologist and later as Exploration Manager for North America.  In 2012, Keller and a small group of investors formed Colorado Klondike Llc to purchase the Klondike property from First Solar, which had recently decided to discontinue its tellurium exploration and development program. The rights to the property were subsequently optioned to First Tellurium.

 

Mr. Keller originally assessed Klondike in late 2006 for First Solar, and initial samples contained up to 33,000 ppm Te (3.3%).  Keller later stated: “The Klondike property has by far the highest tellurium grades in rock samples of the hundreds of prospects and mines we examined in the US and Canada from 2006 to 2011.  Some samples at Klondike were an order of magnitude higher in “Te” grade than any others we collected in the U.S. or in Canada. The Klondike samples with high tellurium grades also contain high-grade gold and significant silver.”

 

Mr Keller went on to say, “Recent news indicates that First Solar, the world’s top manufacturer of Cd-Te solar panels, plans to increase its manufacturing capacity to 16 gigawatts by the end of 2024. Based on those figures, First Solar will likely require significantly more than the 490 metric tons of tellurium that were produced globally in 2020, so increased production of tellurium is necessary, unless significant amounts are stockpiled in warehouses, which does not appear to be the case.”

 

Mr Keller also observed that the Biden Administration believes that solar power could supply 40% of all electricity generation by 2035, up from just 3% today, stating: “With Cd-Te thin-film technology continuing to be a large percentage of PV solar manufacturing, the market opportunity for developing new tellurium resources has never been better.”

 

“Having a professional with the experience and knowledge of John Keller join our company and assist in the development of our Klondike property is an attestment to the caliber of our project,” Stated Tyrone Docherty, CEO of First Tellurium. “His 24 years of experience in the minerals exploration field, and having knowledge of the geology of tellurium deposits and the solar business, is a perfect fit for our company. We look forward to his contributions as we continue to build a strong team of devoted professionals.”

 

First Tellurium has engaged the consulting and media advisory services of GRA Enterprises LLC. GRA has been engaged for a term of 6 months, for an aggregate fee of USD $50,000.

 

GRA is located at 55 Dorothea Terrace in Belleview NJ. Contact Gerald Adams, 973.277.7674

 

About First Tellurium Corp.

 

First Tellurium’s unique business model is to generate revenue and value through mineral discovery, project development, project generation and cooperative access to untapped mineral regions in Indigenous territory with sustainable exploration.

 

Our polymetallic (tellurium, gold, silver copper, tungsten) Deer Horn Project in British Columbia and Klondike tellurium-gold property in Colorado anchor a diversified search for metals, working in alliance with Indigenous peoples, NGOs, governments and leading metals buyers. This is the future of mineral exploration: generating revenue by exploring responsibly and leveraging diverse partnerships.

 

First Tellurium proudly adheres to and supports the principles and rights set out in the United Nations Declaration on the Rights of Indigenous Peoples and in particular the fundamental proposition of free, prior and informed consent.

 

On behalf of the board of directors of

First Tellurium Corp.

 

“Tyrone Docherty”                                          

Tyrone Docherty

President and CEO

 

For further information please contact:

Tyrone Docherty

604.789.5653

tyrone@firsttellurium.com

 

Neither the Canadian Securities Exchange nor its regulations services accept responsibility for the adequacy or accuracy of this release.

 

Forward-looking information

 

All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements.  These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control.  Readers should not place undue reliance on forward-looking statements.  Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated event.

 

SOURCE:  First Tellurium Corp

First Tellurium Strategically Positioned to Benefit from President Biden’s Passed Infrastructure Bill

Billions are Expected to be Invested in Solar Energy and Local Supply

 

Vancouver, BC – November 17,  2021 – First Tellurium Corp. (CSE: FTEL) (OTCPK: GODYF) (the “Company” or “First Tellurium”), suggests its two assets, the Klondike tellurium-silver-gold property in Sagauche County, Colorado and the polymetallic Deer Horn Property in Canada, could be key components in realizing President Biden’s Bill.  A substantial part of the Biden Infrastructure Bill is to further develop local supply of raw materials and rely less on imports from countries like China.

 

In a response to The Bill’s passage, Biden said: “We will get America off the sidelines on manufacturing solar panels, wind farms, batteries, and electric vehicles to grow these supply chains, reward companies for paying good wages and for sourcing their materials from here in the United States.”

 

President Biden wants to apply tax credits to encourage the use of solar power systems and batteries at homes, businesses and utilities. The administration also wants local governments to make it easier to obtain permits and build solar projects.

 

Tellurium’s primary use is for manufacturing films essential to photovoltaic solar cells. When alloyed with other elements— such as cadmium—tellurium forms a compound that exhibits enhanced electrical conductivity. Therefore, a thin film can efficiently absorb sunlight and convert it into electricity.

 

According to the U.S. Department of Energy, “The amount of sunlight that strikes the earth’s surface in an hour and a half is enough to handle the entire world’s energy consumption for a full year.”

 

The Solar Energy Industries Association (SEIA) says business is booming and not about to stop anytime soon. SEIA reports that solar installations will likely double by 2023 and quadruple by 2030 from current levels. The solar market installed a record 19.2 GWdc of solar capacity in 2020, which was an increase of 43% from 2019. Solar ranked first in all generating technologies for the second year running.

 

“Governments globally are looking to lower their carbon footprint and Solar is leading the way. We anticipate an increased demand for Tellurium over the next decade,” stated  CEO Tyrone Docherty. “Tellurium was generally mined as a by-product of copper and gold, it is now our primary focus. Recently The Biden Administration released a blueprint showing how the nation could move towards producing almost half of its electricity from the Sun by 2050. It is our objective to help this necessity to become a reality through local resources.”

 

To further enhance corporate awareness the company has engaged Think Ink Creative Digital Marketing. Think Ink leverages leading-edge technologies to steer traffic to clients’ web properties, drive inquiries, and collect metrics regarding engagement with content. Services provided by Think Ink include SEM (search engine marketing), search retargeting, email campaigns, and social media optimization  Think Ink is to be paid a flat fee of USD $100,000 plus applicable taxes for a 3 month term.

 

About First Tellurium Corp.

 

First Tellurium’s unique business model is to generate value and revenue through mineral discovery, project development, project generation and cooperative access to untapped mineral regions in Indigenous territory through sustainable exploration.

 

Our polymetallic (tellurium, gold, silver copper, tungsten) Deer Horn Project in British Columbia and Klondike tellurium-gold property in Colorado anchor a diversified search for metals, working in alliance with Indigenous peoples, NGOs, governments and leading metals buyers. This is the future of mineral exploration: generating revenue by exploring responsibly and leveraging diverse partnerships.

 

First Tellurium proudly adheres to and supports the principles and rights set out in the United Nations Declaration on the Rights of Indigenous Peoples and in particular the fundamental proposition of free, prior and informed consent. For more information please visit https://firsttellurium.com

 

 

On behalf of the board of directors of

First Tellurium Corp.

 

“Tyrone Docherty”                          

Tyrone Docherty

President and CEO

 

For further information please contact:

Tyrone Docherty

604.789.5653

tyrone@firsttellurium.com

 

Neither the Canadian Securities Exchange nor its regulations services accept responsibility for the adequacy or accuracy of this release.

 

Forward-looking Information

 

All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements.  These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control.  Readers should not place undue reliance on forward-looking statements.  Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated event.

 

SOURCE:  First Tellurium Corp.

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About First Tellurium Corp.

TELLURIUM'S UNIQUE VALUE

Classified as Critical and One of Earth’s Rarest Elements
Tellurium is classified as a “critical” or “green minor” metal1. It represents one of earth’s rarest elements and, along with silver, is a key constituent in the manufacture of solar panels. Tellurium is also essential for production of optical discs (such as CD-RW and Blu-ray) and the performance of next-generation lithium-tellurium batteries and a wide range of advanced electronics products including phase change memory chips.

Rarer than gold and produced generally as a by-product of copper refining, tellurium’s increasing demand worldwide means that new sources must be developed. Solar panel manufacturers and other users are now seeking primary sources of tellurium not reliant on copper refining. Ideal sources are those in mining-friendly and stable jurisdictions and where tellurium is abundant along with precious metals that can supply silver and also offset production costs.

The Deer Horn Property has been recognized by First Solar Inc. as one of the world’s top four primary tellurium properties. First Solar is one of the world’s leading solar panel manufacturers.

1 The classification of “critical” or “green minor” metals is given to a group of metals considered essential to the development of future sustainable technologies such as renewable energy and energy efficient technologies. Such metals include tellurium (Te), indium (In), germanium (Ge), tantalum (Ta), PGM [platinum group metals, such as ruthenium (Ru), platinum (Pt) and palladium (Pd)], cobalt (Co), lithium (Li), gallium (Ga) and RE (rare earths).

While not considered a critical metal as such, silver is a primary and critical element for the manufacture of solar photovoltaic cells. According to the 2018 World Silver Survey, more than 94 million ounces of silver were use in the manufacture of solar panels worldwide in 2017.

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