Treasury Metals Underground Resource Drill Program Intersects 6.0 m of 11.55 g/t Au in the Main Zone at Goliath

- November 11th, 2016

Treasury Metals (TSX:TML) reported initial results from phase one of its ongoing infill drilling program at its 100% owned Goliath Gold Project located in Northwestern Ontario. As quoted in the press release: Highlights from the initial Phase I drill program include Hole TL16-410 that intersected a well mineralized section of the central Main Zone shoot … Continued

Treasury Metals (TSX:TML) reported initial results from phase one of its ongoing infill drilling program at its 100% owned Goliath Gold Project located in Northwestern Ontario.
As quoted in the press release:

Highlights from the initial Phase I drill program include Hole TL16-410 that intersected a well mineralized section of the central Main Zone shoot containing significant concentrations of visible gold and returning 11.55 g/t Au over a sample length of 6.0 metres (m) as tabulated below. This hole is located 40 m east of the new hole TL16-406 that returned 5.74 g/t Au over a sample length of 4.9 m.
Other highlights include drill hole TL16-405 that contained visible gold and returned 7.99 g/t Au and 4.48 g/t Ag over a sample length of 7.25 m (from 580.75 to 588.0 m), including 14.61 g/t Au and 6.21 g/t Ag over 3.79 m (580.75 to 584.54 m), in the B1 zone in an area of the deposit not previously tested providing new resource expansion opportunities in that portion of the deposit. Hole TL16-403B returned 5.06 g/t Au and 4.05 g/t Ag over a sample length of 2.0 m in association with visible gold. Due to deflection this hole did not test its intended target but did test an area where resource blocks were not previously defined resulting in the expansion of gold resource blocks in that particular area of the deposit as well.

Click here for the full press release.

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