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Treasury Metals Inc T.TML

Alternate Symbol(s):  TSRMF

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.


TSX:TML - Post by User

Post by templetooth2on Apr 17, 2024 6:25pm
79 Views
Post# 35994831

from NYT today

from NYT today

The Biden administration is expected to deny permission for a 211-mile industrial road through fragile Alaskan wilderness to a large copper deposit, handing a victory to environmentalists in an election year when the president wants to underscore his credentials as a climate leader and conservationist.

The Interior Department intends to announce as early as this week that there should be “no action” on the federal land where the road known as the Ambler Access Project would be built, according to two people familiar with the decision who asked not to be named because they were not authorized to discuss the decision. A formal denial of the project would come later this year, they said.

The road was essential to reach what is estimated to be a $7.5 billion copper deposit buried under ecologically sensitive land. There are currently no mines in the area and no requests for permits have been filed with the government; the road was a first step.

Blocking the industrial road would be an enormous victory for opponents who have argued for years that it would threaten wildlife as well as Alaska Native tribes that rely on hunting and fishing.

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