First Tellurium Corp. reported the Company is finalizing plans to conduct induced polarization (IP) geophysics on the Deer Horn Project during the 2023 exploration season. The program is designed to help develop drill targets for a planned campaign this summer.

Deer Horn is located in West-central BC, 36 km south of the Huckleberry Cu-Mo mine and 135 km southwest of the community of Burns Lake. The IP survey will follow up on successful rock sampling, channel sampling and prospecting conducted in 2022, which identified a possible 1.1-kilometer (0.7 miles) extension of the existing 2.4 kilometer (1.5 miles) gold-silver-tellurium vein system. This system may now extend a total of 3.5 kilometers (2.2 miles).

Drill targets from the IP survey will augment additional drill targets, identified in the Deer Horn Preliminary Economic Assessment (PEA) as ‘…infill and tightly-spaced step-out diamond drilling focused both on upgrading and expanding the existing resource.' The upcoming season at Deer Horn will also include a planned, property-wide soil sampling program led by First Tellurium QP and Advisor Dr. Lee Groat and a team of University of British Columbia grad students. Due to receding glaciers, a significant amount of ground is now open that has never been explored.