20 Jun '11, 3pm

First Solar Owns a Gold, Silver, and Tellurium Mine?: First Solar (Nasdaq:FSLR) is by far the leading producer...

First Solar Owns a Gold, Silver, and Tellurium Mine?: First Solar (Nasdaq:FSLR) is by far the leading producer...

"The La Bambolla Concession is owned by Minera Teloro, S.A. de C.V., a Mexican company reported in the past to be a subsidiary of First Solar, Inc. (“First Solar”)...A report in the Sonora Geological-Mining Monograph published by the Consejo de Recursos Minerales ("CRM") describes the La Bambolla vein system as being a 2-meter thick quartz-pyrite-hematite-gold system that averages 4.0 g/ton gold and 5 g/ton silver, respectively. ...More than 500 channel samples taken in the underground workings of the La Bambolla mine show the presence of gold and tellurium. The gold grades are in the 0.03 to 4.90 oz/ton range, and average about 0.46 oz/ton Au. The tellurium grades range from 0.01 to 3.26 %, and average 0.25 % Te. The tellurium content of these samples in parts per million (ppm) ranges from 100 to 32,600 ppm, and averages 2,500 ppm....Reportedly, the La Bambolla mine dumps...

Full article: http://www.greentechmedia.com/articles/read/first-solar-o...

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