Program represents Treasury's first phase of exploration at Goldlund Deposit TSX: TML OTCQX: TSRMF Highlights: Drill results focused on under-drilled areas of near surface Zones 2 and 3 at Goldlund Deposit Drill Hole GL-20-037 returns 10.0m at 2.23 g/t gold including 6.0m at 2.99 g/t gold Drill Hole GL-20-035 includes 1.41 g/t gold over 17.6m within Zone 2 Maiden resource for Miller zone to be included in upcoming PEA for [...]
Treasury Metals Inc. is pleased to confirm that it has commenced an initial 10,000m winter drilling program as the first phase of its overall program at its 100% owned Goldlund Gold Project located to the east of Dryden, Ontario. The program will target in-fill and expansion drilling with the objective of converting Inferred to Indicated resources as well as defining additional resources by filling in un-drilled areas [...]
Treasury Metals Inc. is pleased to announce the appointment of Jeremy Wyeth to the position of President and CEO effective December 7, 2020. Mr. Wyeth replaces Greg Ferron who will be transitioning to a consulting role effective immediately. Mr. Wyeth brings more than 35 years of diverse international experience in the mining industry to this role. Most recently, Mr. Wyeth was Operations Director at a large engineering [...]
Treasury Metals Inc. is pleased to provide an update on the advancement of the Goliath Gold Project and the Goldlund Gold Project , including progress on a NI 43-101 Preliminary Economic Assessment. The Company has selected Ausenco Engineering Canada Inc. as the principal consultant for the PEA, with input from a range of experienced mining, exploration and development consultants with extensive knowledge of Ontario [...]
Treasury Metals Inc. today announces a planned leadership change, following the recently completed transaction to acquire the Goldlund Gold project and a priority to accelerate studies into the development phase of an integrated Goliath-Goldlund project. The newly constituted Board of Directors has commenced a formal search for a Chief Executive Officer appropriate to the in-tandem development of the gold projects. Greg [...]
Treasury Metals Inc. is pleased to announce that the Company has received clearance from the Ontario Securities Commission to file a final short form prospectus qualifying the distribution of the securities underlying the subscription receipts of the Company, issued in connection with the Company's $11.52 million bought deal private placement that closed on July 7, 2020. The Subscription Receipts are expected to convert [...]
Treasury Metals Inc. is providing an update on the Company's trading symbol in the United States. As a result of the Company's three for one Common Share consolidation , in effect prior to the opening of business on August 11, 2020, the Common Shares now trade on the OTCQX under the symbol "TSRMD", for 30 days before resuming the original "TSRMF" symbol. Treasury's Common Shares on the Toronto Stock Exchange in Canada [...]
Treasury Metals Inc. is pleased to announce that the Company completed its previously announced acquisition pursuant to a share purchase agreement with First Mining Gold Corp. whereby Treasury acquired all of the issued and outstanding shares of Tamaka Gold Corporation, a wholly owned subsidiary of First Mining that owns a 100% interest in the Goldlund Gold Project, located adjacent to Treasury's Goliath Gold Project in [...]
TSX: TML OTCQX: TSRMF Treasury Metals Inc. is pleased to announce that its shareholders have approved all items of business brought before them at the Company's annual and special meeting of shareholders held today including overwhelmingly in respect of the previously announced share purchase agreement with First Mining Gold Corp. pursuant to which Treasury will acquire all of the issued and outstanding shares of Tamaka [...]
Treasury Metals Inc. is pleased to report the latest results from the 2019-2020 drill program at the Goldlund Gold Project. Drilling by First Mining Gold Corp. focused on delineating mineralization in the eastern portion of the defined resource area at Goldlund, with these results including the highest-grade interval encountered to date in the 2019-2020 program, Hole GL-20-033, which intersected 173.8 grams per tonne gold [...]
Treasury Metals Inc. announces that its ownership of securities of Platinex Inc. has been increased to approximately 10.633% of Platinex's issued and outstanding share capital, as a result of common shares and warrants received as consideration pursuant to a purchase agreement. Prior to acquisition of common shares and warrants by Treasury, the Company held 1,000,000 common shares, representing approximately 1% of the [...]
Treasury Metals Inc. and Platinex Inc. are pleased to announce that pursuant to the terms of the mining investment agreement dated July 15, 2020 between Treasury, and Treasury's wholly-owned subsidiary Goldeye Explorations Ltd., and Platinex Inc., the Company has sold to Platinex an aggregate of 208 unpatented mining claims located in the Shining Tree District, Northern Ontario and three net smelter royalties . The Mining [...]