FIRST TELLURIUM CORP - FSTTF STOCK NEWS

First Tellurium Corp. (CSE: FTEL, OTC: FSTTF) has launched a new venture, 1406975 BC Ltd. (NewCo), focusing on thermoelectric technology for renewable energy and automotive sectors. This initiative allows First Tellurium to leverage the unique properties of tellurium to innovate in thermoelectric generators, aiming to address global challenges like greenhouse gas emissions.

President and CEO Tyrone Docherty emphasized the potential of thermoelectric applications, which convert heat to electricity, and noted that the scientific journal Nature Communications recognizes the increasing interest in sustainable thermoelectric devices. The company, positioned at the forefront of innovation, aims to implement sustainable mineral exploration alongside Indigenous partners.

First Tellurium's strategic partner, Fenix Advanced Materials, and the University of British Columbia Okanagan are developing a new solid-state lithium-tellurium (LiTe) battery, which offers significantly enhanced safety compared to traditional lithium-ion batteries. Recent incidents of battery fires have heightened the urgency for safer alternatives, prompting robust interest in LiTe batteries that promise higher energy capacity and reduced fire risk, utilizing a gel polymer electrolyte. The advancements underscore the critical role of tellurium in the battery industry and aim to address safety concerns highlighted by recent events, including a significant fire in New York.

First Tellurium Corp. (CSE: FTEL, OTC: FSTTF) announced a promising outlook for its Deer Horn Project, aligning with growing global demand for solar photovoltaic (PV) deployment. The International Energy Agency forecasts significant increases in solar power generation, leading to heightened consumption of silver and tellurium—key components in solar panels. The project boasts impressive resource grades, with silver at 157 grams per tonne and gold at 5.12 grams per tonne. First Tellurium plans 2023 drilling to augment these resources. With strong market dynamics and increasing demand for green metals, the company aims to capitalize on this opportunity for sustainable exploration and growth.

On March 8, 2023, First Tellurium Corp. (CSE: FTEL, OTC: FSTTF) announced a partnership with Canadian Remote Drilling for its Deer Horn tellurium-silver-gold project. The drill manufacturer will supply crews for the upcoming drilling campaign, leveraging their proven expertise in similar geological conditions. CEO Tyrone Docherty highlighted a potential second drill acquisition for 2024 to boost exploration flexibility. The company's 2023 exploration will target both new and existing drill sites, as outlined in the 2018 Preliminary Economic Assessment. First Tellurium emphasizes sustainable exploration in collaboration with Indigenous communities.

First Tellurium Corp. (CSE: FTEL, OTC: FSTTF) has initiated permitting for a 10,000-tonne bulk sample at its Deer Horn tellurium-silver-gold project in British Columbia. This bulk sample aims to provide vital economic and metallurgical insights towards potential production. Moose Mountain Technical Services will manage the permitting, expected to be submitted in late spring.

President and CEO Tyrone Docherty emphasized a strategic outlook for 2025, including drilling and exploration to enhance the mineralization data. The project has seen positive developments, including a favorable PEA and significant mineral zone extensions.

First Tellurium Corp. (CSE: FTEL, OTC: FSTTF) announced significant findings from initial assays of copper porphyry surface sampling at the Deer Horn project. The results from October 2022 show 3% Cu, 7 ppm Te, 94 ppm Ag, and 0.04 ppm Au from mineralized samples. Additionally, assays from opaline quartz veins revealed up to 960 ppm Cu and other metals. The company plans to conduct mapping, drilling, and a geophysical survey in 2023 to explore the potential of the buried porphyry system and expand existing resources of tellurium, silver, and gold. The findings indicate promising exploration opportunities for further critical metals.

First Tellurium Corp. (CSE: FTEL, OTC: FSTTF) announced their participation in four major conferences in 2023, following heightened interest from the recent Metals Investor Forum and Vancouver Resource Investment Conference. The conferences include:

• PreDac Vancouver on February 23
• Metals Investor Forum in Toronto on March 3-4
• Swiss Mining Institute Virtual Conference on May 24-26
• Swiss Mining Institute Investment Conference on November 29-30

President Tyrone Docherty expressed optimism about growing interest in tellurium's role in green energy and its demand surge.

First Tellurium Corp. (OTC: FSTTF) announced the acquisition of a new diamond drill for its Deer Horn project in British Columbia. The drill was purchased for 2,000,000 shares at a deemed price of $0.235 per share, aimed at enhancing drilling efficiency. Designed for power and portability, the drill is expected to pay for itself within the first year due to cost savings in logistics and mobilization. First Tellurium plans to explore new and existing drilling targets identified in previous assessments, emphasizing its commitment to responsible mineral exploration in partnership with Indigenous communities.

First Tellurium Corp. (CSE: FTEL, OTC FSTTF) is part of a new consortium formed to enhance the development of cadmium telluride (CdTe) solar cells, which are vital for green energy transition. The technology is noted for its cost-effectiveness and efficiency, with the potential for a theoretical conversion efficiency exceeding 31%. The recent demand surge for American-made CdTe solar panels is driven by supply shortages linked to bans on Chinese silicon solar panels. The Cadmium Telluride Accelerator Consortium (CTAC) aims to make these panels more accessible and affordable, addressing the growing domestic needs in renewable energy.