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Treasury Metals Provides Goliath Gold Project Update and Announces Agreement to Acquire Goldeye Explorations Limited
Treasury Metals Provides Goliath Gold Project Update and Announces Agreement to Acquire Go...
About this update from Nexgold Mining Corp.
[{"type":"text","content":"\n\n\n\nTreasury Metals Provides Goliath Gold Project Update and Announces Agreement to Acquire Goldeye Explorations Limited\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nTreasury Metals Provides Goliath Gold Project Update and Announces Agreement to Acquire Goldeye Explorations Limited\nCanada NewsWire\nTORONTO, July 11, 2016\n\n\n\nTSX: TML\n\n\n\nTORONTO, July 11, 2016 /CNW/ - Treasury Metals Inc. (TSX: TML) (\"Treasury\" or the \"Company\") is pleased to provide a project update on the Company's northwestern Ontario-based Goliath Gold Project, which the Company is positioning to become one of Canada's next producing gold mines. \n\nThe Company's objectives for the project are being achieved including mine permitting activities, technical engineering studies, additional exploration, and important long lead items such as securing electrical energy supply for the project. \n\nHighlights of current and planned activities and developments include:\n\n\nThe advancement of engineering and technical work;\nThe engagement of AMEC Foster Wheeler (\"AMEC\") to assist in completion of Treasury's Environmental Impact Statement as part of the Federal Government of Canada's requirements in the mine permitting process (known as the Environmental Assessment (\"EA\");\nCommencement of a 2016 exploration program to include field exploration and diamond drilling to explore high potential areas of the Goliath property with the objective of adding gold ounces to the current resource estimate;\nTreasury has received a three-year \"Exploration Permit\" approval from the Province's Ministry of Northern Development and Mines to support ongoing exploration and development activities through to April 12, 2019; and \nContinued First Nations and Aboriginal community engagement including discussions to initiate long-term relationship agreements. \nStrategic acquisition of Goldeye Explorations Limited in northwestern Ontario \n\nMine Permitting:\n\nThe completion of formal responses to Information Requests (\"IRs\") integrated into the Environmental Impact Statement submission has commenced and i...