Highlights: Far East hole TL22-616 intersected 9.0 metres grading 16.90 g/t Au from 149.6 to 157.5 metres downhole including 0.3 metres with visible gold grading 502.00 g/t Au; Silver mineralization intersected at Far East including: TL21-569 intersected 24.2 m grading 11.6 g/t Ag including 0.9 m grading 33.8 g/t, 3.0 m grading 42.0 g/t and 0.8 m grading 53.0 g/t Ag. TL21-572 intersected 7.0 metres grading 9.2 g/t Ag and [...]
Treasury Metals Inc. is pleased to announce additional results from the Fold Nose exploration target on the Goliath gold property , part of the Company's Goliath Gold Complex. The Fold Nose drill program has intersected a new style of mineralization at Goliath - a vein-hosted, lode-gold style mineralization. Results released today expand upon the two holes targeting the Fold Nose that the Company...
Treasury Metals Inc. is pleased to announce the results of the Updated Mineral Resource Estimate for its Goliath Gold Complex located in northwestern Ontario, which includes the Goliath, Goldlund and Miller deposits. The updated MRE is based on a total of 3,185 drill holes measuring 540,329 metres for the Goliath, Goldlund and Miller deposits, incorporating 176 new drill holes and 41,072 metres since the mineral resource [...]
Treasury Metals Inc. is pleased to announce that it has closed its previously announced royalty agreement with an affiliate of Sprott Resource Streaming and Royalty Corp. in relation to the Company's 100% owned Goliath Gold Complex, which comprises the Goliath, Goldlund and Miller Gold Projects. Under the terms of the agreement, SRSR paid Treasury consideration of US$20 million for a 2.2% net smelter returns royalty [...]
New gold discovery at Caracal target follows up on recent discovery at Ocelot. Highlights: CC-21-006 intersected 1.04 g/t Au over 28.4 metres; including 2.70 g/t Au over 7.0 metres, which includes 4.44 g/t Au over 1.0 metre and 9.14 g/t Au over 1.0 metre; and 7.12 g/t Au over 1.0 metre; CC-21-009 intersected 0.48 g/t Au over 7.0 metres; including 1.74 g/t Au over 1.0 metre; and also intersected 3.84 g/t Au over 1.0 metre [...]
Highlights: Far East hole TL21-568 with 6.95 g/t Au over 1.0 metre from 86.0 to 87.0 metres downhole and 0.51 g/t Au over 13.5 m from 172.5 to 186.0 m downhole. Fold Nose hole TL21-578 with 0.54 g/t Au over 7.5 m including 1.24 g/t Au over 1.5 m from 170.0 to 177.5 m downhole. Fold Nose hole TL21-576 with 0.23 g/t Au over 28.0 metres from 100.0 to 128.0 m downhole. Ocelot hole OC-21-003 with 0.92 g/t Au over 2.0 metres [...]
Highlights: US$20 million financing through the sale of a royalty to an affiliate of Sprott Resource Streaming and Royalty Corp expected to fund the completion of economic studies, permitting and community engagement, including corporate G&A. Summary details of the royalty include: A US$20 million upfront payment; 2.2% of net smelter returns revenue of all minerals produced on the properties comprising the Goliath Gold [...]
Highlights: Company completed 60,000 metre drill program in 2021, the largest ever undertaken by Treasury focused on resource conversion and growth. Updated resource estimate expected in Q1 2022 to incorporate 41,000 metres of the 2021 drill program. 2022 drilling and exploration program to include 25,000 metres focused on regional exploration of new targets identified, or on previous targets which have seen limited [...]
Highlights: Results from 53 holes for the Goldlund Gold Project 2021 drilling campaign released today include additional intersections of silver within the mineralized zones. Selected results include: Hole GL-21-073 intersected 5.8m grading 74.6 g/t Ag, including 0.8m grading 120.0 g/t Ag and 1.0m grading 252.0 g/t Ag in Zone 6 from 23.2m to 29.0m downhole. This interval coincides with a significant gold intersection of [...]
TSX: TML OTCQX: TSRMF Treasury Metals Inc. is pleased to report that it closed its previously announced private placement financing on Friday November 5, 2021, raising gross proceeds of approximately $6.5 million through the issuance of 7.7 million common shares that qualify as "flow-through shares" for the purposes of the Income Tax Act . The gross proceeds raised from the Offering will be used by the Company to fund [...]
TSX: TML OTCQX: TSRMF Results include 66.56 g/t over 5.5 metres, 12.70 g/t over 4.6 metres and 7.07 g/t over 6.9 metres Highlights: Results from 27 holes for the Goldlund Gold Project 2021 drilling campaign released today include significant intersections both within the PEA resource zone and along strike. Selected drill results include: Hole GL-21-073 intersected 5.50 m grading 66.56 g/t Au, including 0.70 m grading [...]
Treasury Metals Inc. is pleased to announce that it intends to complete a flow-through financing by way of a non-brokered private placement for aggregate proceeds of approximately $6.0 million . The Offering will consist of 7,058,900 common shares of the Company that qualify as flow-through shares for purposes of the Income Tax Act at a price of $0.85 per Flow-Through Share. The gross proceeds raised from the sale of the [...]
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