Why the Global Economy Deems Copper Porphyry as One of the World's Most Valuable Deposit Types - Seite 2

The article continued: "The metallurgical qualities of copper porphyry orebodies make them ideally suited for large-scale, low-cost resource extraction. "The ore is inexpensive to mill and concentrate using flotation methods, heap leaching and electrowinning processes. The mines are inexpensive to operate using bulk-mining methods," Stanley Korzeb, economic geologist for the Montana Bureau of Mines and Geology, and a research professor at Montana Tech, told the Investing News Network.  Within porphyry systems the copper mineralization can extend vertically for several kilometers beyond the main base of the open pit. This vertical scale often translates to a decades-long mine lives… meaning these mines can outlive many a market cycle, taking hits that would knock smaller mines out of commission… What makes for an ideal takeover target."

First Tellurium Corp. (CSE: FTEL) (OTCPK: GODYF) BREAKING NEWS - Regional Exploration Success Highlights Copper Porphyry Potential at First Tellurium's Deer Horn Property - First Tellurium Corp. (the "Company" or "First Tellurium") reports that recent geophysical survey results from Surge Copper's Ootsa Project, located 40 kilometers north of First Tellurium's Deer Horn Property in west-central British Columbia, continue to reinforce the potential for this district to host significant multiple copper porphyry deposits. Leif Nilsson, Surge Copper's CEO, commented that, "…this district has significant untapped exploration potential and could one day be among the largest copper districts in Canada."

The Deer Horn Property, First Tellurium's flagship polymetallic project, contains porphyry-type copper and tungsten along with one of the world's only NI 43-101 resource of tellurium, gold and silver. The property was recognized by First Solar Inc. as one of the world's top primary tellurium prospects.  Past exploration at Deer Horn, as reported in the Company's 2018 Preliminary Economic Assessment (PEA), encountered several copper porphyry-type showings in addition to the known Te-Au-Ag resource.

The PEA noted: "The Pond and H-Spot showings are discoveries of bulk tonnage, porphyry-style copper+/-silver mineralization and associated alteration. Their broad distribution may be evidence of a largely hidden porphyry copper system. A second area of anomalous porphyry-related copper-gold mineralization occurs on a ridge crest 1.8 km northwest of Kenney Lake."