Treasury Metals Drilling Program Confirms New C Zone Continues at Depth

About this update from Nexgold Mining Corp.

[{"type":"text","content":"\n\n\n\n\nTSX:TML\n\n\n\nTORONTO, June 11, 2014 /CNW/ - Treasury Metals Inc. (TSX: TML) is pleased to announce new results from the ongoing drilling program at its 100% owned Goliath Gold Project located near the town of Dryden in northwestern Ontario. \n\nTreasury's current exploration program is focused on expanding the gold resource within the developing C Zone horizon as well as infill delineation drilling of the Main Zone to tighten grades of proposed underground stopes and extend limits of known mineralization. \n\nHighlights of the latest drilling results included re-entry Hole TL161-14RE, which intersected 4.0 m at 5.50 g/t, in the C Zone which remains open at depth and to the west. Also, in the same shoot, hole TL14-356, drilling down dip, delivered an intercept of 13.5 m at 2.3 g/t that currently rests outside the proposed C Zone western pit shell. Over the past two drilling programs, which included the discovery hole TL164-12RE (5.2 m at 18.6 g/t; See Press Release Dec. 11, 2012), the Company has reported a number of encouraging intercepts within this developing high-grade area of the C Zone (see Figure 1):\n\nOther highlights from the latest drilling include several high-grade intersections in Hole TL166-14RE including 2.0 m at 11.27 g/t on the eastern edge of the C Zone shoot. Drilling continues at the Goliath Gold Project and further assays will be provided as they become available.  \n\n\n\n\nHole ID\n\n\nArea\n\n\nSection\n\n\nFrom\n\n\nTo\n\n\nIntercept(m)\n\n\nAu (g/t)\n\n\n\nTL14-354\n\n\nMain Zone \n\n\nL9+25W\n\n\n296.3\n\n\n303.5\n\n\n5.80\n\n\n1.89\n\n\n\n\nIncluding\n\n\n\n297.7\n\n\n301.1\n\n\n3.40\n\n\n2.79\n\n\n\nTL14-354\n\n\nMain Zone \n\n\nL9+25W\n\n\n317.55\n\n\n321.5\n\n\n3.95\n\n\n1.41\n\n\n\nTL14-354\n\n\nMain Zone \n\n\nL9+25W\n\n\n325.9\n\n\n327.9\n\n\n2.00\n\n\n1.06\n\n\n\nTL14-355\n\n\nMain Zone\n\n\nL8+25W\n\n\n282\n\n\n284\n\n\n2.00\n\n\n10.31\n\n\n\nTL14-355\n\n\nMain Zone \n\n\nL8+25W\n\n\n349.35\n\n\n359\n\n\n9.65\n\n\n2.51\n\n\n\nTL14-356\n\n\nC Zone drilled down dip\n\n\nL11+25W\n\n\n111.5\n\n\n125\n\n\n13.50\n\n\n2.30\n\n\n\nTL14-356\n\n\nC Zone drilled down dip\n\n\nL11+25W\n\n\n162\n\n\n164\n\n\n2.00\n\n\n1.02\n\n\n\nTL14-356\n\n\nC Zone drilled down dip\n\n\nL11+25W\n\n\n250\n\n\n252.05\n\n\n2.05\n\n\n1.42\n\n\n\nTL14-356\n\n\nMain Zone drilled down d...

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