Treasury Metals Hits 7.15 G/T Gold Over 15.0 Metres At Goliath Gold Complex

Treasury Metals (TSX: TML) this morning reported assay results from twelve drill holes. The results come from the firms Goliath Gold Complex, located in Northwestern Ontario. Highlights from the program include hole GL-20-043, which returned assay values as high as 7.15 g/t gold over 15.0 metres.

The results released this morning come from an ongoing 10,000 metre drill program at the Goldlund Gold Deposit at the Goliath Gold Complex project. Results released this morning come from the region of the deposit that is expected to be included within a preliminary economic assessment for an open pit mine, with the program focusing on delineating additional resources.

A number of highlights were identified by the company in connection with the results, including:

  • Hole GL-20-049: 3.29 g/t gold over 3.0 metres, 5.15 g/t gold over 9.5 metres0.52 g/t gold over 10.0 metres
  • Hole GL-20-046: 1.18 g/t gold over 37.7 metres
  • Hole GL-20-051 1.72 g/t gold over 7.7 metres

The company is currently focused on confirming the continuity of high grade mineralization, converting resources from inferred to indicated, testing extensions of the main PEA open pit, and improving the overall size and quality of the resource as the firm works towards conducting a pre feasibility study at the deposit.

Hole IDZoneFrom
(m)
To (m)Length
(m)
Au (g/t)
GL-20-043274.0089.0015.007.15
including74.0075.001.005.59
and including87.0088.001.005.03
and including88.0089.001.0083.70
GL-20-04631.3039.0037.701.18
including14.0015.001.0012.70
and including35.0735.950.8826.50
GL-20-04923.006.003.003.29
including3.004.001.009.06
GL-20-049356.0065.509.505.15
including56.0057.001.0019.90
and including64.9065.500.6033.90
GL-20-05122.3210.007.681.72
including8.0010.002.006.22
GL-20-041636.9039.502.604.39
including37.7038.500.809.49
GL-20-0453104.60107.853.256.58
including106.75107.851.1014.50

Treasury Metals last traded at $1.08 on the TSX.


Information for this briefing was found via Sedar and Treasury Metals. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

One Response

Video Articles

Goliath Resources Hits 10.60 g/t Gold Over 22.82 Metres, Highest Grade Results In Third Distinct Rock Package At Surebet Discovery

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

Recommended

Antimony Resources Drills 5.27% Sb Over 4.95 Metres In Latest Results

Nord Precious Metals Identifies 29 Veins At Castle East Following 3D Modeling

Related News

Magna Gold Produces 11,713 Gold Ounces In Q2 2021

Magna Gold Corp. (TSXV: MGR) today released production results for the month of June 2021,...

Wednesday, July 14, 2021, 10:26:00 AM

Probe Metals Announces New Gold Discoveries At Val-d’Or East Property

Probe Metals (TSXV: PRB) this morning announced that it has made new gold discoveries at...

Tuesday, June 16, 2020, 09:21:02 AM

Great Bear Releases Further LP Fault Results, Highlights 10.50 G/T Gold Over 13.1 Metres

Great Bear Resources (TSXV: GBR) this morning announced further results from its ongoing drill program...

Thursday, April 22, 2021, 08:03:56 AM

Alerio Gold, A Guyana Explorer, Makes Its Public Debut On The CSE

Alerio Gold Corp (CSE: ALE) this morning began trading on the Canadian Securities Exchange under...

Wednesday, November 3, 2021, 10:00:24 AM

Why Gold Is Secretly Flooding Into The U.S. & Who’s Suppressing Silver?! | Andy Schectman

In this interview, Andy Schectman from Miles Franklin delivers an analysis of the current gold...

Sunday, April 27, 2025, 11:43:00 AM