Treasury Metals Inc T.TML

Alternate Symbol(s): TSRMF

Metals & Mining Gold

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.

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Treasury Metals Inc > US$20 Million Royalty Financing to Fund Goliath Gold Complex

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Comment by andre171on Feb 14, 2022 11:05am

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Post# 34426268

RE:US$20 Million Royalty Financing to Fund Goliath Gold Complex

It seems positive, if Sprott commits it is that they believe in it. TML will thus have funding of 41.9M and it is a security in this period of rising costs!

The limit of 1.5 million ounces of gold produced should be reached since the PEA already provides for 1.064 payable and that obviously this is set to increase!

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