Deer Horn Attends Minor Metals Conference to Meet With Tellurium End Users and Industry Leaders
Deer Horn Attends Minor Metals Conference to Meet With Tellurium
End Users and Industry Leaders
Vancouver, BC, Canada, April 9, 2019 – Deer Horn Capital Inc. (CSE: DHC, OTCBB: GODYF) (or “Deer
Horn”) reports that Deer Horn is attending the Minor Metals Trade Association (MMTA) conference in
Edinburgh, Scotland April 9th through April 11th. The MMTA is a world‐wide industry association whose
members are involved in over 49 metals not traded on exchanges.
MMTA membership includes around 150 companies from 30 different countries that trade in excess of
US$10 billion of minor metals annually. Members include recyclers and consumers of metals that are rare,
strategic and/or critical including tellurium (one of the world’s rarest metals) and tungsten (used in
military and industrial applications).
“Our intent in attending this flagship conference is to advance our mission of building an innovative
revenue model,” said Deer Horn Chairman Tony Fogarassy. “Certainly we are looking to gain information
and exchange views about the sector, but most importantly we are looking to partner with industry
leaders to help develop critical metals at our Deer Horn tellurium property. This conference offers one of
the best venues in the world to make those connections and learn about leading edge developments in
minor and critical metals.”
Deer Horn expects to meet consumers, brokers, recyclers and investment houses that have an interest in
the tellurium supply chain. About 90% of global tellurium production comes from copper refining
processes where tellurium is a byproduct. Deer Horn’s tellurium is "in situ", or primary tellurium. That is,
it is in the ground and would be produced along with Deer Horn’s gold and silver.
The recent prediction by Fortis Metals that tellurium prices could soon exceed historical highs of $350 per
kg (last seen in 2011) provides a potential boost to the already favourable economics of the Deer Horn
project. The Deer Horn PEA was calculated using a tellurium price of $100 per kg.
“We are also looking to advance the tungsten mineralization at Deer Horn,” added Fogarassy. “The
property was staked originally for its tungsten discoveries, which were considered significant at the time.
As priorities shifted to the tellurium, silver and gold, the tungsten value was given lower priority.”
The recent Deer Horn Preliminary Economic Assessment (PEA) also reported the property’s notable
showings of bismuth and molybdenum, both also considered “critical” by the U.S Department of the
Interior and included the MMTA list of important minor metals.
About Deer Horn Capital
Deer Horn Capital is committed to exploring for, and providing, strategic and critical metals vital to a low‐
carbon economy and for the advancement of technology. The Company’s leadership has a track record of
project monetization with a board and advisory group that includes industry leaders in finance, mineral
property development, geology, mineralogy, solar power, engineering, research and First Nations
engagement and economic development.
On behalf of the board of directors of
Deer Horn Capital Inc.
“Tyrone Docherty”
Tyrone Docherty
President and CEO
For further information please contact:
Tyrone Docherty
604.789.5653
Neither the Canadian Securities Exchange nor its regulations services accept responsibility for the adequacy or accuracy of this
release.
Forward‐looking information
All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the
future are forward‐looking statements. These forward‐looking statements involve numerous assumptions made by the Company based on its experience, perception
of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements
involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward‐looking
statements will prove inaccurate, certain of which are beyond the Company’s control. Readers should not place undue reliance on forward‐looking statements. Except
as required by law, the Company does not intend to revise or update these forward‐looking statements after the date hereof or revise them to reflect the occurrence of
future unanticipated event.