Treasury Metals Inc. (TSX: TML) today released the results from an additional 2,700 metres of a planned 30,000 metre diamond drilling program for 2021, conducted at the Goldlund Gold Deposit. Goldlund is situated within the larger Goliath Gold Complex, which includes the Goldlund, Goliath, and Miller deposits along a 65-kilometre trend in Northwestern Ontario.
Assay results from 17 drill holes of Treasury’s 2021 drilling campaign at the Goldlund Project were released today, and are reportedly inclusive of significant intersections along strike as well as within the PEA resource zone.
Highlighted drill results include:
- GL-21-028 intersected 58.0 meters grading at 0.89 g/t gold, including 1.0 meter grading at 22.40 g/t gold and 1.5 meters grading at 5.06 g/t gold.
- GL-21-028 also intersected 21.5 meters grading at 3.14 g/t gold, including 1.0 meter grading at 55.70 g/t gold.
- Hole GL-21-031 intersected 7.75 meters grading at 6.36 g/t gold including 0.9 meter grading 51.70 g/t gold
Treasury Metals also announced that the company is planning to bring in a third drill rig to support the acceleration of current drilling activities at the Goldlund Project. The additional rig is part of an overall 60,000 metre drill campaign being conducted at the property in 2021.
Treasury Metals Inc. last traded on the TSX at $0.93.
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.