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Treasury Metals launches 15,000-meter drill campaign at Goliath gold project

Treasury Metals Inc. commenced an initial 15,000-meter diamond drilling campaign at its flagship Goliath gold project in Ontario.

The program will focus on a 5,000-meter infill drilling targeting the conversion of the underground inferred resource blocks within the C Zone East to the indicated category.

Additional drilling of 5,000 meters will drill test selected targets identified in a recent survey and further expansion potential of the high-grade Main Zone and C Zone Central ore shoots.

Part of the final 5,000 meters will be dedicated to the exploration drilling of the Goliath property. A small portion will also be focused on upgrading specific areas of the Main Zone to the measured category.

Results from the program will be released starting January 2020. Treasury Metals said Dec. 16 that it will include all drill results in an updated NI 43-101-compliant estimate that will be completed as part of a preliminary feasibility study.