Could First Tellurium be on to something at Klondike?

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 [NasdaqGS: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.

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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. Would you like to read more? Sign up to Mining+ for free using this form or find out more about our Premium Mining Channel here. Like this article? Investing: Trading: