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 [...]
Treasury Metals Inc. is pleased to announce the results from a preliminary economic assessment for the Company's Goliath Gold Complex , which includes the Goliath, Goldlund and Miller deposits along a prospective 65-kilometre trend in northwestern Ontario. The PEA, prepared by Ausenco Engineering Canada Inc. in accordance with National Instrument 43-101, demonstrates the potential to develop a low-cost 5,000 tonnes per [...]
Program represents Treasury's first phase of exploration at Goldlund Deposit TSX: TML OTCQX: TSRMF Highlights: Drill results focused on under-drilled areas of near surface Zones 2 and 3 at Goldlund Deposit Drill Hole GL-20-037 returns 10.0m at 2.23 g/t gold including 6.0m at 2.99 g/t gold Drill Hole GL-20-035 includes 1.41 g/t gold over 17.6m within Zone 2 Maiden resource for Miller zone to be included in upcoming PEA for [...]
Treasury Metals Inc. is pleased to confirm that it has commenced an initial 10,000m winter drilling program as the first phase of its overall program at its 100% owned Goldlund Gold Project located to the east of Dryden, Ontario. The program will target in-fill and expansion drilling with the objective of converting Inferred to Indicated resources as well as defining additional resources by filling in un-drilled areas [...]
Treasury Metals Inc. is pleased to announce the appointment of Jeremy Wyeth to the position of President and CEO effective December 7, 2020. Mr. Wyeth replaces Greg Ferron who will be transitioning to a consulting role effective immediately. Mr. Wyeth brings more than 35 years of diverse international experience in the mining industry to this role. Most recently, Mr. Wyeth was Operations Director at a large engineering [...]