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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 andre171on Jun 20, 2024 9:12am
215 Views
Post# 36097560

Future permits and approvals.

Future permits and approvals.
The Goliath gold project received federal environmental assessment approval in 2019, what permits and authorizations are still needed and expected? I noted in the September 30 Management discussion that the company continues to work with the relevant provincial and federal regulators to advance the technical studies for the complex and to meet the conditions of future permits and approvals.
When can we reasonably expect to receive these permits? I think this will be essential for a better valuation of TML, as permitted projects trade at a much higher multiple.
I note that an update of the presentation is imminent /investors/presentations/ , I hope it will contain other new information than the BWCG takeover.
 
 
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