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Treasury Metals Inc.
Summary
| Project: | Goliath | |
|---|---|---|
| Deposit: | Goliath | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/19/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-5-2020: Treasury Metals Inc. announces an Exploration/Drilling Update report for its Goliath deposit at the Goliath project. Drilling results incl. 7m @ 7.03g/t Au from 219m. TORONTO, May 19, 2020 /CNW/ - Treasury Metals Inc. (TSX: TML) ("Treasury" or | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Adam Larsen (Internal) | |
| ABSTRACT: | TORONTO, May 19, 2020 /CNW/ - Treasury Metals Inc. (TSX: TML) ("Treasury" or the "Company") is pleased to provide a Goliath Gold Project technical program update, including the most recent drill hole results in the Project's winter/spring drilling program. Following the most recent exploration updates (press releases dated April 6, March 10, March 5 and January 13, 2020), the Company has completed approximately 10,000 metres of the 15,000 metre program, with plans to continue in summer. Results include: "The exploration program has covered a lot of ground including the expansion of the C Zone East area along strike now spanning 200 metres by 150 metres down-dip where drilling is now consistently hitting both zones (Main and C Zone). The Main Zone infill results demonstrate the consistency of mineralization across the high-grade shoots in the deposit. Additionally, the new gold intercepts from the Main Zone east area are very encouraging in an area previously thought to be unmineralized. These drill results along with the Federal Minister's EA approval of Goliath, located in Ontario, Canada with excellent infrastructure, positions us very well in today's strong gold market," stated Greg Ferron, CEO and Director. | |
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