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Project: | Goliath | |
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Deposit: | Goliath | |
Location: | Canada | |
Commodities: | Gold-Silver | |
Date: | 11/18/2019 | |
Report Code: | NI43-101 | |
Report Type: | Resource Estimation | |
Project Stage: | Pursuing Feasibility Study | |
Report details: | 18-11-2019: Treasury Metals Inc. announces a Resource Estimation report for its Goliath deposit at the Goliath project. Updated technical report on property. he following report was prepared to provide a National Instrument (“NI”) 43-101 Technical Report | |
Resources: | (Resource, Total): 2.009Mt @ 3.43g/t Au, 8.81g/t Ag | |
CP/QP: | [Resources]: Eugene J. Puritch, Yungang Wu, Antoine R. Yassa (P&E Mining Consultants Inc.) | |
ABSTRACT: | he following report was prepared to provide a National Instrument (“NI”) 43-101 Technical Report and Updated Mineral Resource Estimate for Treasury Metals Inc. (“Treasury”) on the gold mineralization contained in the Goliath Gold Project in the Kenora Mining Division of northwestern Ontario, Canada. This report has an effective date of July 1, 2019. This report also summarizes Treasury’s Preliminary Economic Assessment (“PEA”) with an effective date of February 02, 2017 (Global Canada Geosciences Ltd. (CSA Global), 2017). The Goliath Gold Project (“Project”) is located 20 kilometres east of the City of Dryden, north western Ontario, within the Townships of Zealand and Hartman in the Kenora Mining Division. The Goliath Property (“Property”) is centred at approximately UTM 532441 m E and 5511624 m N NAD83 Zone 15N; 49°45'22" N, 92°32'58" W. The Goliath Project consists of 242 contiguous single cell mining claims and 30 boundary cell mining claims (272 claim units for 4,064 hectares), 19 patented land parcels (approximately 920 hectares) with a total area of approximately 4,984 hectares. The Goliath Gold Project is held 100% by Treasury subject to certain royalties on some of the parcels. The Property benefits from excellent access from the Trans-Canada Highway 17 and close proximity to the City of Dryden. A range of equipment, supplies and services required for mining development is available in Dryden. | |
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