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Treasury Metals Inc V.TML

Treasury Metals Inc. is a gold-focused company with assets in Canada. The Company is focused on its 100%-owned Goliath Gold Complex, which consists of Goliath, Goldlund and Miller deposits, which are located in Northwestern Ontario. The Goliath Gold Complex is comprised of approximately 503 mineral claims, 49 patents, five leases and one license of occupation, and the properties cover approximately 34,926 hectares. The Goliath property is located in the Kenora Mining Division in northwestern Ontario, about 20 kilometers east of the City of Dryden and 325 kilometers northwest of the port city Thunder Bay, Ontario, Canada. The Goldlund property covers around 28,289 hectares, and includes two deposits - Goldlund Mine and Miller, which covers portions of the Echo and Pickerel townships in Ontario. The Miller property is a proposed open pit mine. The Company also owns other projects, including the Weebigee-Sandy Lake Gold Project JV, and grassroots gold exploration property Gold Rock.


TSXV:TML - Post by User

Post by Betteryear2on May 02, 2024 10:27am
197 Views
Post# 36019396

Treasury Metals and Blackwolf to Create

Treasury Metals and Blackwolf to Create TORONTO, May 02, 2024 (GLOBE NEWSWIRE) -- Treasury Metals Inc. (TSX: TML; OTCQX: TSRMF) (“Treasury” or “TML”) and Blackwolf Copper and Gold Ltd. (TSXV:BWCG; OTCQB: BWCGF) (Blackwolf” or “BWCG”) are pleased to announce that they have entered into a definitive arrangement agreement dated May 1, 2024 (the “Agreement”) to combine the two companies to advance the Goliath Gold Complex Project (“GGC Project”) in Ontario towards production with a strengthened leadership, balance sheet and capital markets team (the “Transaction”). The combined company’s Niblack Copper-Gold development project in Alaska and other exploration properties also represent promising upside projects for future growth.

Treasury Metals and Blackwolf to Create New Growth-Focused (globenewswire.com)
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