Treasury Metals Inc. is pleased to announce the appointment of Ausenco Engineering Canada Inc. as the lead consultant for the technical studies at the Goliath Gold Complex, which consists of the Goliath Gold Mine and Mill Project, the Goldlund Mine Project and the Miller Mine Project, in Northwestern Ontario. "We are excited to announce Ausenco's participation in advancing the Goliath Gold Complex through its next stage [...]
Results from 21 holes of Treasury's first drilling at Miller undertaken in 2021 released today include significant intersections both within the PEA inferred resource zone and along strike to the southwest. Selected drill results include: MI-21-046 which intersected 23.3 m grading 2.73 g/t Au including 1.2 m grading 14.00 g/t Au and 1.0 m grading 27.30 g/t MI-21-042 which intersected 26.7 m grading 1.59 g/t Au including [...]
Treasury Metals Inc. is pleased to report that it has filed its final short form prospectus dated May 6, 2021 and obtained a receipt with the securities regulatory authorities in the provinces of BC, Alberta and Ontario, in connection with its previously announced and completed offering whereby a syndicate of dealers, co-led by Haywood Securities, Cormark Securities, and Sprott Capital Partners LP, and including PI [...]
Treasury Metals Inc. is pleased to announce the appointment of Clinton Swemmer to the newly created position of Vice President, Projects effective May 5, 2021. Mr. Swemmer brings more than 20 years of Project Delivery experience to his role at Treasury. Most recently, he was Vice President of Project Delivery, North America for Ausenco, an EPC/M company focused on the metals and mining industry where he managed the teams [...]
Treasury Metals Inc. is pleased to announce the appointment of Orin Baranowsky to the position of Chief Financial Officer effective April 1, 2021. Mr. Baranowsky replaces Dennis Gibson who will be retiring at the end of March 2021 and will provide consulting services to the Company to help ensure a seamless transition. Mr. Baranowsky brings more than 20 years of finance and capital markets experience to this role. Most [...]
Treasury Metals Inc. is pleased to announce that it is increasing its consolidated drill program across the entirety of its 100% owned Goliath Gold Complex to a total of 60,000 m. Following the closing of the Company's $17.6 million financing and the filing of the preliminary economic assessment on the Goliath Gold Complex, the Company is now able to outline its dual-pronged drilling strategy intended to both convert [...]
Treasury Metals Inc. is pleased to announce that it has completed the first phase of drilling consisting of approximately 6,000 m in 36 drillholes at its wholly owned Goldlund Project within the greater Goliath Gold Complex. GGC is located in Northwestern Ontario near Dryden and each of the Goliath, Goldlund, and Miller Projects have excellent access to provincial highways and local infrastructure. The drilling is the [...]
Treasury Metals Inc. is pleased to announce that it has filed on SEDAR the NI 43-101 Preliminary Economic Assessment Technical Report for the Goliath Gold Complex, located near Dryden in Ontario. The results of the PEA were previously announced in the Company's news release dated February 2, 2021. A copy of the PEA is also located on the Goliath Gold Complex's Technical Reports page of the Company's website. Highlights of [...]
Treasury Metals Inc. is pleased to report that it has closed its previously announced private placements of an aggregate of approximately 10.6 million non-flow-through special warrants on a "bought deal" basis at a price of $0.95 per NFT Special Warrant and approximately 6.8 million flow-through special warrants on a best efforts agency basis at a price of $1.10 per FT Special Warrant for total gross proceeds to the [...]
Treasury Metals Inc. is pleased to announce that, in connection with its previously announced private placement financing, the Company and a syndicate of agents led by Haywood Securities, and Cormark Securities, as joint bookrunners, and together with Sprott Capital Partners LP as co-lead agents, in each case on behalf of themselves and on behalf of a syndicate of agents including PI Financial, Industrial Alliance [...]
Treasury Metals Inc. is pleased to announce that it has entered into an agreement with Haywood Securities, and Cormark Securities, as joint bookrunners, and together with Sprott Capital Partners LP as co-lead underwriters, in each case on behalf of themselves and on behalf of a syndicate of underwriters, under which the Underwriters have agreed to purchase on a bought deal basis, an aggregate of 10,530,000 NFT Special [...]
Highlights: Results from 12 additional drillholes released today which hit significant intersections and further bolster continuity of Zones 2, 3 and the newly defined Zone 6 at Goldlund Drill Hole GL-20-043 returns 15.0 m at 7.15 g/t gold including 1.0 m at 83.7 g/t gold within Zone 2 Drill Hole GL-20-049 intersected 3.0 m at 3.29 g/t gold including 1.0 m @ 9.06 g/t gold within Zone 2 and 9.5 m at 5.15 g/t gold including [...]