srm4u
8月前
Could First Tellurium be on to something at Klondike?
7th June 2023
Related topics: The mining sector, First Solar [NasdaqGS:FSLR], First Tellurium [CNSX:FTEL]
Canadian explorer First Tellurium [CSE:FTEL] [FRA:G1J] met with The Armchair Trader recently to discuss the prospects for its Colorado project, Klondike. Tellurium the metal is generating new interest following a series of reported fires in the US relating to lithium-ion batteries. This has led the city of New York to bring in new safety requirements for lithium-ion batteries.
Work being carried out by the likes of Fenix Advanced Materials and the University of British Columbia (Okanagan), is focusing on solid state lithium-tellurium batteries as a safer, more stable option. This is leading to mining community to look more closely at potential tellurium deposits.
First Tellurium has historically been working on Deer Horn, a Canadian project which has tellurium and where the company has been exploring a gold-silver-tellurium vein system. Its 2023 drilling plans are for confirming and enlarging its current zone extension.
First Tellurium has the option to acquire 100% of the Te-Au-Ag Klondike project, rated by First Solar as one of the top tellurium prospects worldwide. First Solar NASDAQ:FSLR originally planned to use Klondike as a potential primary source of tellurium for the manufacture of cadmium-telluride solar panels. When First Solar decided to cancel its mining initiative in 2013, the project was acquired by the geological team that had been leading First Solar’s acquisitions programme.
High tellurium grades
First Solar exited the project before drilling discovered the identified Klondike targets. First Tellurium has moved to acquire the option to purchase the property and the former First Solar team of geologists, who are most familiar with Klondike, will be managing exploration activity on the site.
According to the Colorado Geological Survey, working alongside the Colorado School of Mines, both of them authorities on the region and independent of First Tellurium, the First Solar exploration in 2006 found very high tellurium grades of up to 3.3% along with locally high gold granules. Significantly, the CGS in its 2015 report said that tellurium grades at Klondike were the highest encountered in First Solar’s nationwide exploration program.
Klondike is located 10 miles from the small town of Saguache and it is easily accessible via paved and gravel roads.
First Tellurium purchases dedicated drill
First Tellurium is currently focusing most of its exploration activity at the Deer Horn property in Canada and has purchased a dedicated drill for the project. It is also considering acquisition of a second drill for its 2024 campaign.
At Klondike a soil sampling program was carried out at the end of last year: using this new soil geochemical data in concert with First Solar’s previous rock-chip sampling, geology, and geophysics will help the team make better drillhole-targeting decisions before submitting the needed permitting application documents.
The tellurium bet obviously hinges on the widespread adoption of tellurium for industrial use. Because it occurs in areas of gold and silver mineralisation, mines have the added benefit of precious metals revenue if deposits have high enough purity standards.
According to research out of Fenix Advanced Materials, tellurium offers next generation lithium-ion batteries higher levels of safety and the scope to charge more quickly. It has a high theoretical energy density and very good electrical conductivity. It is also less volatile than current options.
https://www.thearmchairtrader.com/first-tellurium-stock-klondike/
First Tellurium Applies for U.S Listing, Engages IR Consultants to Enhance U.S. Exposure
July 18, 2022
Tyrone Docherty
Vancouver, BC, Canada, June 13 2022 – First Tellurium Corp. (CSE: FTEL) (the “Company” or “First Tellurium”), reports it has applied to have the Company’s shares trade on the OTCQB marketplace in the United States to enhance its exposure and trading within the U.S. equities market.
“We know there’s a lot of interest in First Tellurium’s shares in the United States,” said FTEL CEO Tyrone Docherty. “The OTCQB listing will give investors streamlined access to purchase our shares, and it will expose us to a market ten times the size of what we have currently in Canada.”
Docherty added, “As we ramp up exploration of our Klondike tellurium property in Colorado, there will be more interest from U.S investors. We are preparing for that and will be ready.”
To coincide with the added U.S. exposure, First Tellurium has engaged the services of investor relations consultants Grant Galloway and Christopher Biggins of San Diego, California (the “Consultants”). Mr. Galloway and Mr. Biggins will assist the Company in presenting its business plans, strategy and personnel to the financial community, creating the foundation for subsequent financial public relations efforts.
Under the Agreement, the Consultants will receive $30,000 USD per month for an initial period of three months. The Agreement may be terminated by either party canceling with 30 days’ notice.
The Consultants operate their business from offices at 2014 Chicago Street, San Diego, CA, 92110, (858) 869 1752.
https://firsttellurium.com/first-tellurium-applies-for-u-s-listing-engages-ir-consultants-to-enhance-u-s-exposure/
AI Overview
The Klondike property in Saguache County, Colorado, is a high-grade tellurium and gold prospect previously held by First Solar Inc.. First Solar Inc. found the highest tellurium grades of their nationwide exploration program here in 2006, but later canceled their tellurium mining initiative. First Tellurium Corp. acquired an option to purchase the property in 2013 and has conducted soil sampling and planned further drilling campaigns to evaluate its potential for "green metals" like tellurium.
Key Information about Klondike
Location:
The property is in Saguache County, south-central Colorado.
Original Owner:
First Solar Inc. held the property as a potential source of tellurium for their cadmium-telluride (CdTe) solar panels.
High-Grade Deposits:
First Solar's 2006 exploration found some of the highest tellurium grades in the company's history at Klondike.
Current Ownership:
First Tellurium Corp. acquired an option to purchase the property and is now managing exploration efforts.
Exploration:
First Tellurium has conducted soil sampling programs to guide future drilling activities.
Associated Minerals:
In addition to high-grade tellurium, the property also shows moderate to high-grade gold and silver, as well as some copper, lead, and zinc.
Property details
Location: The Klondike
project is located approximately 10 miles from the town of Saguache. It is accessible year-round via paved and gravel roads.
Geology and mineralization: The property contains high-grade tellurium and gold, along with other metals such as silver and copper.
The Colorado Geological Survey (CGS) reported that surface sampling by First Solar
in 2006 found tellurium grades of up to 3.3% (33,000 ppm).
These were noted as the highest tellurium grades in First Solar's nationwide exploration program.
Ownership and management:
First Tellurium Corp.
holds an option to acquire 100% of the Klondike
property.
First Solar, Inc.
originally explored the property but canceled its raw materials program in 2012.
The property was sold to Colorado Klondike LLC
, led by First Solar
's former exploration manager, who now manages the current exploration activities.
Exploration and status
Previous exploration: From 2009 to 2011, First Solar
conducted geophysics, sampling, and drilling target identification, but sold the property before any drilling occurred.
Current exploration: First Tellurium has since conducted soil sampling programs to define targets for a diamond drilling program. The company has also staked additional claims to expand the project.
Outlook: As tellurium is a critical component in advanced solar panels and next-generation battery technology, First Tellurium
continues to develop the project to meet growing demand.
Google: Klondike tellurium property in Colorado AI Overview
Skydive21
2年前
Vancouver, BC, Canada, May 30, 2024–TheNewswire – First Tellurium Corp. (CSE:FTEL, OTC:FSTTF), reports it has reached a Memorandum of Understanding ("MOU") with Washington, DC-basedRESOLVE, Inc., a global non-governmental organization (NGO) focused on people and planet solutions, to secure up to approximately US$29 million (CDN$39.5 million) in funding for manufacturing and marketing as well as acquisition of high-purity tellurium, antimony and other critical metals for First Tellurium’s PyroDelta thermoelectric device (reported previously onMay 22,March 21andMarch 13).
"RESOLVE’s mission is to forge sustainable solutions to critical social, health, and environmental challenges by creating innovative partnerships," said First Tellurium’s President and CEO Tyrone Docherty. "This new venture aligns perfectly with that mission."
RESOLVE andPyroDelta Inc., in which First Tellurium currently holds a 75% interest, have formed a partnership called Tellurium Electric to bring the thermoelectric device to market. Under the MOU, RESOLVE will provide governance, administrative, and fundraising support through RESOLVE Enterprises, the organization’s incubator for start-up social enterprises, as well asRegeneration Inc., which re-mines and restores old mine tailings to extract minerals critical for the energy transition and the circular economy. Regeneration is backed by Rio Tinto, Apple, Caterpillar and other partners. A number of Regeneration’s first projects are expected to produce tellurium from copper tailings or as byproduct, which would be used for manufacturing of the PyroDelta device. Additional critical metals would be obtained on the open market.
"This is a huge step forward for us in developing new tellurium-based technologies," said Docherty. RESOLVE is a highly respected NGO, and they provide us with an established and powerful network of relevant policy, political and funding connections, including the US Government, world-leading mining companies and green investors, to help realize the potential of the PyroDelta device."
Manufacturing, marketing and sales of the device have been planned in three stages and funding segments over three years, the first of which is expected to launch near-term with an expected budget of US$1.05 million across approximately 18 months. Phases 2 and 3 are budgeted at US$3.0 million and US$15-25 million respectively.
"I believe the incubation and growth of Tellurium Electric is in the best hands possible," said Docherty. "RESOLVE and its associated partners have the skills, knowledge and networks we’ve been looking for. We will essentially be silent partners, letting RESOLVE do what they do best while we develop our own mineral projects."
Docherty added, "I want to acknowledge the generous support from our Strategic Partner Don Freschi and Fenix Advanced Materials of Trail BC, who donated several kilograms of high-purity tellurium and bismuth to launch the project."
Skydive21
2年前
First Tellurium Corp. (CSE: FTEL, OTC: FSTTF), reports that Don Freschi of Fenix Advanced Materials, First Tellurium’s strategic partner for potential future tellurium extraction and purification, recently presented an update on development of Fenix’s solid-state, lithium-tellurium battery. Investors can view a video of Mr. Freschi’s video here.
Fenix is a producer of ultra-high purity metals, achieving purities of up to 99.99999% at its lab and plant in Trail, British Columbia. Metals produced by Fenix include tellurium, antimony, indium and cadmium.
Fenix continues to advance its lithium-tellurium (LiTe) solid-state battery (SSB) developed in partnership with UBC Okanagan (as reported March 2022 and Sep 2022). The Fenix SSB is expected to have a far higher charging capacity, much smaller size, and a battery life up to 400% that of lithium-ion batteries with no chance of catching fire.
“We had to make these batteries safe,” said Freschi in his presentation. “So we started playing around with tellurium, which started working well with a lithium anode. Then we focused on a tellurium-sulfur cathode because tellurium and lithium have the highest theoretical capacity for (electrical) storage. We’re making that system very safe.”
The number of lithium-ion battery-based fires is growing with enormous frequency worldwide. In Toronto, the number of lithium-ion battery fires nearly doubled in 2023, according to Toronto Fire Services. The Wall Street Journal reported on March 17, 2024 that In New York and other cities nationwide, fire departments are increasingly grappling with rapidly burning, toxic blazes ignited or exacerbated by lithium ion-batteries in everything from electric cars, bikes and scooters to cellphones, laptops, power tools and vape pens.
A recent apartment building fire in Harlem, New York that killed a young journalist was caused by a lithium-ion e-bike battery. The New York Times reported that it was the first death in New York City this year to be linked to the batteries, which were blamed for over 250 fires and 18 deaths in 2023.
“This is another key and developing part of the First Tellurium story,” said First Tellurium President and CEO Tyrone Docherty. “We are uniquely positioned amongst junior mining companies, not only because we are focused on tellurium, but also because we are becoming a tellurium-based technology company. In addition to the lithium-battery with Fenix, we are also bringing our tellurium-based thermoelectric generator to market and planning to supply tellurium to the solar industry.”
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 Klondike tellurium-gold property in Colorado and polymetallic Deer Horn Project in British Columbia 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.
Skydive21
2年前
FIRST TELLURIUM’S NEW THERMOELECTRIC DEVICE DEMONSTRATED AT RECENT PRESENTATION
March 13, 2024
Tyrone Docherty
With robust applications for solar power, combustion engines, greenhouses and more, the device is described as a “game changer” by industry insider.
Vancouver, BC, Canada, March 13, 2024 – First Tellurium Corp. (CSE: FTEL, OTC: FSTTF), reports that investors can view a video of the Company’s recent presentation in Vancouver, which included a demonstration of the new tellurium-based thermoelectric generator developed by First Tellurium’s 51%-owned thermoelectric-focused research and development company PyroDelta Energy (“PyroDelta”). Patents for the device have been applied for in Canada and the United States.
The generator was presented to the gathering by PyroDelta co-founder Michael Abdelmaseh, who demonstrated how the device generated power from simple changes in temperature, producing energy from the heat of human skin as well as from ice. However, the generator’s primary and unique advantages come from its robust construction, low manufacturing costs, light weight and ability to withstand temperature extremes.
“Thermoelectric devices have been around for a very long time,” said Abdelmaseh. “However, none of them are suited for long-term, commercial applications that can tolerate high heat. This device can withstand temperatures of six hundred degrees Celsius.”
“This is a Game Changer”
Don Freschi, President and CEO of Fenix Advanced Materials, an industry expert who supplies metals for other thermoelectric devices, commented to the audience, “This is a game changer. I’ve never seen anything like this.”
Freschi noted that by using ultra high-purity tellurium, the device could achieve exceptional efficiencies. “Using lower purity metals, we could charge an iPhone with a tiny device,” said Freschi. “But going to high purity (99.99999 percent) tellurium, this device could power a few households.”
“The generator uses mainly tellurium,” said First Tellurium President and CEO Tyrone Docherty. “This is why Michael contacted us. He was previously in talks with a large, European luxury car manufacturer. However, believing that reliable supplies of high-purity tellurium would be key, Abdelmaseh approached First Tellurium to partner for device manufacturing.”
Production-Ready
Abdelmaseh reported that the device is ready to enter production mode. “We are done with the research and development,” said Abdelmaseh. “We have the data that shows the efficiency, and we are ready to produce it.”
As Abdelmaseh explained, PyroDelta has applied for patents on two configurations. One increases the efficiency of solar panels. The other can replace radiators and alternators in internal combustion engines, making them far more efficient and saving fuel.
Solar Panels Far More Efficient and Deployable
For solar applications, the thermoelectric device can expand the range of locations for solar power deployment, especially for sites with low sunlight and long nights. “When solar is combined with thermoelectric, you can cut down drastically the amount of battery storage required,” said Abdelmaseh.
Automobile Alternators Could Become Obsolete
In automotive applications, the device in a pipe form requires a simple retrofit to internal combustion engines without retooling assembly lines. “If you introduce anything disruptive to an existing production line that costs, say, two hundred million dollars,” said Abdelmaseh, “it’s doomed to failure. Existing vehicles can use new thermoelectric radiators, and they will generate electricity just from the heat differential of the hot liquid going through the (thermoelectric pipe) radiator and the air cooling it from the outside.” PyroDelta is presently building a thermoelectric radiator with a 1-kilowatt capacity for vehicle retrofit.
Added Abdelmaseh, “This can make your alternator obsolete. You can use the energy that’s coming out of your radiator to power all your onboard accessories—your AC, your radio, everything. This will raise the efficiency of your vehicle.”
Making Combustion Engines Significantly More Efficient
Abdelmaseh noted that today’s combustion engines generate peak efficiency of about 30-35 percent from a gallon of gas. Replacing the radiator with the thermoelectric pipe device could theoretically add an additional 12 percent in efficiency. Conservatively, Abdelmaseh estimated the added energy would total at least six-to-eight percent.
According to the U.S. Energy Administration (EIA), Americans used about 134 billion gallons of gas in 2022. An eight-percent savings would amount to over 10 billion gallons per year.
Greenhouse, Commercial Properties and Industrial Waste
Abdelmaseh also identified greenhouses, commercial properties, industrial waste and manufacturing plants as potential markets for the thermoelectric device. “Any facility with waste heat can generate electricity and lower power costs,” he said, adding that the robust construction of the device makes it ideal for harsh environments with high extremes of heat and/or cold. “The more it can withstand extremes, the more efficient it becomes,” said Abdelmaseh.
PyroDelta estimates that deploying the device in greenhouses could provide energy savings of 30 percent.
Extending Drone Battery Life
Due to the device’s small size and low weight, another large potential market would be powering drones. According to Abdelmaseh, the device as drone range extender, weighing only 70 grams (2.5 ounces), could extend a drone’s range from 15 minutes to an hour. The increased battery life could open up vast new markets, including defense and a wide range of commercial uses.
Docherty noted, “The small size of this device, which in this case is only about 50 millimeters by 100 millimeters (approximately two inches by four inches), combined with its light weight, makes it ideal for the drone market. However, any market that could benefit from these advantages of size, weight and power generation becomes accessible to us.”
First Tellurium will provide additional information about the device and potential markets in upcoming news releases.
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 Klondike tellurium-gold property in Colorado and polymetallic Deer Horn Project in British Columbia 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. First Tellurium is listed on the Canadian Stock Exchange under the symbol “FTEL” and on the OTC under the symbol “FSTTF”. Further information about FTEL and its projects can be found on www.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
Twitter: @TelluriumCorp
www.firsttellurium.com
AveragePenny
4年前
$FSTTF First Tellurium Reports on Government Initiatives to Secure Tellurium and Other Critical Materials
https://www.globenewswire.com/news-release/2022/12/01/2565832/0/en/First-Tellurium-Reports-on-Government-Initiatives-to-Secure-Tellurium-and-Other-Critical-Materials.html
Vancouver, BC, Canada, Dec. 01, 2022 (GLOBE NEWSWIRE) -- First Tellurium Corp. (CSE: FTEL, OTC FSTTF) (the “Company” or “First Tellurium”) reports that government initiatives for development of critical and green metals continue to reinforce the value of the Company’s tellurium resource at both the Deer Horn Project in west-central British Columbia and Klondike Tellurium Project in Colorado.
“Canadian and U.S. governments are really pushing new strategies and funding initiatives to address the problem of critical mineral supplies,” said First Tellurium President and CEO Tyrone Docherty. “North America is just too dependent on foreign sources for the critical metals required for clean energy, defense and other essential needs.”
First Tellurium reported recently that its exploration at Deer Horn in October (reported November 2), identified an apparent 1.1-kilometer extension of the existing silver-gold-tellurium vein system which would extend the overall system to approximately 3.5 kilometers (2.2 miles). Deer Horn hosts one of the world’s only NI 43-101-compliant resources of tellurium with high-grade precious metals. In addition, the Company’s Klondike Tellurium Project in Colorado is considered one of the country’s top tellurium exploration projects and was previously owned by First Solar Inc. as a potential source of raw tellurium for its solar panels.
Docherty noted that the Cadmium Telluride Photovoltaics Accelerator Consortium, a $20 million initiative designed to make cadmium telluride (CdTe PV) solar cells less expensive and more efficient, was launched in August 2022 by the U.S. Department of Energy. The program will also develop new markets for solar cell products. By 2030, the program aims to increase domestic CdTe PV material and module production, achieve cell efficiencies above 26%, and decrease module costs to below $0.15/watt.
“Governments are just starting to understand the importance of tellurium,” said Docherty. “It has flown largely under the radar, even though it’s essential for cadmium-telluride solar panels and new lithium-tellurium (Li-Te) batteries that could revolutionize energy storage.” Deer Horn’s strategic partner Fenix Advanced Materials is spearheading research and development for new solid-state, Li-Te batteries in partnership with the University of British Columbia Okanagan. The UBCO research was featured recently in a Global News segment.
“This partnership with UBCO has played a key role in helping uncover some exciting innovations in new battery technology and other clean technology solutions,” said Fenix Founder Don Freschi. Mr. Freschi also sits on First Tellurium’s Advisory Board.
Docherty pointed to a November 13, 2022 CBC report that the U.S. Department of Defense has been quietly soliciting applications for Canadian mining projects seeking American public funding through a major national security initiative.
Trade in mineral-based strategic and critical materials between the U.S. and Canada exceeds $76 billion, and Canada is a global hub for mining project finance, including the risk finance that supports junior mining companies exploring for strategic and critical materials and developing the next generation of projects.
Canada has substantial resource potential in existing operations and planned projects that could support U.S. needs for cobalt, tantalum, antimony, and twenty additional strategic and critical materials including tellurium.
This follows a White House report last year warning that dependence on certain foreign-made products represents a national security risk to the U.S., and it focused on semiconductors, batteries, medicines and 53 types of minerals.
The report stated: “The United States must secure reliable and sustainable supplies of critical minerals and metals to ensure resilience across U.S. manufacturing and defense needs…” In addition to the need for stable supplies of copper and tungsten, the report included a list of “strategic and critical metals” that included tellurium.
“It’s clear that North America is going to need a lot more tellurium,” said Docherty. “This is why we’re on the hunt for new tellurium projects in addition to Deer Horn and Klondike. We’re also sitting on other important metals at Deer Horn. We confirmed copper porphyry mineralization this year, and the property was originally staked for its large zone of tungsten (as noted in the Company’s latest Preliminary Economic Assessment.)
FTEL’s New Website, Presentation and Video
We’re excited to announce the launch of our new website, where you’ll find information about our company and properties. In addition, we have also released a new animated pitch deck, which you can find here. This presentation provides an overview of our business and future opportunities. Finally, we have also released a new explainer video, which you can find here. This video dives into the details of our properties and how they can benefit First Tellurium Investors.
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