Treasury Metals Announces Second New Discovery New gold discovery at Caracal target follows up on recent discovery at Ocelot.
Highlights:
- CC-21-006 intersected 1.04 g/t Au over 28.4 metres; including 2.70 g/t Au over 7.0 metres, which includes 4.44 g/t Au over 1.0 metre and 9.14 g/t Au over 1.0 metre; and 7.12 g/t Au over 1.0 metre;
- CC-21-009 intersected 0.48 g/t Au over 7.0 metres; including 1.74 g/t Au over 1.0 metre; and also intersected 3.84 g/t Au over 1.0 metre.
TORONTO, March 16, 2022 /CNW/ - Treasury Metals Inc. (TSX: TML) (OTCQX: TSRMF) ("Treasury" or the "Company") is pleased to announce the first results at the Caracal target, which was part of the Wild Cat exploration program testing new targets on the Goldlund property identified by the Treasury Metals Geology team in 2021. On February 17, 2022, the Company released results on the Wild Cat "sister" target Ocelot. These targets were tested based on a series of geophysical anomalies on the Goldlund structural trend northeast of the Goldlund deposit and had seen no historical drilling prior to the 2021 campaign.