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Bullboard - Stock Discussion Forum 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... see more

TSX:TML - Post Discussion

Treasury Metals Inc > Treasury Metals Announces New Discoveries
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Post by Betteryear2 on Feb 19, 2022 2:59pm

Treasury Metals Announces New Discoveries

New gold discovery at Ocelot target, as well as positive gold results from Fold Nose and Far East.  

Highlights:

  • Far East hole TL21-568 with 6.95 g/t Au over 1.0 metre from 86.0 to 87.0 metres downhole and 0.51 g/t Au over 13.5 metres from 172.5 to 186.0 metres downhole.
  • Fold Nose hole TL21-578 with 0.54 g/t Au over 7.5 metres including 1.24 g/t Au over 1.5 metres from 170.0 to 177.5 metres downhole.
  • Fold Nose hole TL21-576 with 0.23 g/t Au over 28.0 metres from 100.0 to 128.0 metres downhole.
  • Ocelot hole OC-21-003 with 0.92 g/t Au over 2.0 metres from 79.0 to 81.0 metres downhole on a new target identified by Treasury Metals Geology team.

TORONTOFeb. 17, 2022 /CNW/ - Treasury Metals Inc. (TSX: TML) (OTCQX: TSRMF) ("Treasury" or the "Company") is pleased to announce results on three exploration targets tested during the 2021 drill campaign. Gold was discovered at the Ocelot target for the first time, and positive gold results were encountered in new drillholes at the previously identified Far East and Fold Nose mineralizations. These successes are part of Treasury's 2021/2022 discovery program, supporting the development of the Goliath, Goldlund and Miller resources, and confirm our belief that Treasury's land position will continue to deliver new discoveries.

Comment by andre171 on Feb 20, 2022 2:28am
The lengths are insignificant, but these discoveries have the merit of confirming the probability of new discoveries! There are still results to come from the drillings carried out in 2021.