Deer Horn Capital is exploring and developing the Deer Horn Property, a rich gold and silver project with high tellurium grades. The Deer Horn Property, located in north-central British Columbia, has produced positive economics in a Preliminary Economic Analysis and, to our knowledge, hosts Canada’s only NI 43-101 tellurium resource.
As North America’s only tellurium-silver-gold property with an NI 43-101 compliant tellurium resource, Deer Horn represents a unique mineral asset. Exploration to date has outlined several key mineral zones across 2.4 kilometers that remain open for expansion in three directions.
Resource Estimate *
|Category||Au Cutoff(g/t)||Tonnes> Cutoff(tonnes)||Au Grade(g/t)||Ag Grade(g/t)||Te
|Au ContainedOunces||Ag ContainedOunces||TeContainedKg|
*The above resource estimate was completed by G.H. Giroux, P.Eng., of Giroux Consultants Ltd., using industry standard methods that conform with Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") Definition Standards on Mineral Resources and Mineral Reserves referred to in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
Tellurium is classified as a “critical” or “green minor” metal1. It represents one of earth’s rarest elements and, along with silver, is a key constituent in the manufacture of solar panels. Tellurium is also essential for production of optical discs (such as CD-RW and Blu-ray) and the performance of next-generation lithium-tellurium batteries and a wide range of advanced electronics products including phase change memory chips.
Rarer than gold and produced generally as a by-product of copper refining, tellurium’s increasing demand worldwide means that new sources must be developed. Solar panel manufacturers and other users are now seeking primary sources of tellurium not reliant on copper refining. Ideal sources are those in mining-friendly and stable jurisdictions and where tellurium is abundant along with precious metals that can supply silver and also offset production costs.