First Tellurium Corp. is engaged in exploring and developing tellurium projects in British Columbia and Colorado. The Company has interests in exploration and evaluation assets in British Columbia, Canada and Colorado, USA and its principal business is the exploration of those assets. It has a 50% interest in the Deer Horn Property, located in British Columbia. It also has an option to acquire the Colorado Klondike Property, located in south-central Colorado, USA. It also has a 49% equity interest in Cheona Metals Inc., whose focus is on underexplored mineral lands in northern British Columbia. The Company also has a 75% equity interest in PyroDelta Energy Corp., which is exploring new uses of tellurium and has developed a thermoelectric generator that is used in the renewable energy and automotive industries.