# April 14, 2022 Treasury Metals Announces Updated Mineral Resource Estimate at Goliath Gold Complex

Source Brief: https://evesgoldminers.com/research/source-briefs/nexgold-mining-corp-2022-04-14-april-14-2022-treasury-metals-announces-updated-mi-ffc9b6a2
Original source: https://nexgold.com/treasury-metals-announces-updated-mineral-resource-estimate-at-goliath-gold-complex/
Original published: 2022-04-14
EGM generated: 2026-09-27
Company: NexGold Mining Corp. (NEXG)

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# April 14, 2022 Treasury Metals Announces Updated Mineral Resource Estimate at Goliath Gold Complex

Source: https://nexgold.com/treasury-metals-announces-updated-mineral-resource-estimate-at-goliath-gold-complex/
Published: 2022-04-14T22:15:00+00:00
Fetched: 2026-09-12T07:05:50.186+00:00
Source artifact: ffc9b6a2-87f3-4ad7-ac90-26d3d31924e8
Normalizer input: text

## Content

Successful Drilling Campaign leads to Increased Mineral Resource Estimate and Improved Geological Confidence in Gold Mineralization
TORONTO, April 14, 2022  Treasury Metals Inc.  (TSX: TML) (OTCQX: TSRMF) (“ Treasury ” or the  Company ”) is pleased to announce the results of the Updated Mineral Resource Estimate (the “MRE”) for its Goliath Gold Complex located in northwestern Ontario (the “Project” or “GGC”), which includes the Goliath (“Goliath”), Goldlund (“Goldlund”) and Miller (“Miller”) deposits.
The updated MRE is based on a total of 3,185 drill holes measuring 540,329 metres for the Goliath, Goldlund and Miller deposits, incorporating 176 new drill holes and 41,072 metres since the mineral resource estimate set out in the March 2021 Preliminary Economic Assessment (the “PEA”) of the Goliath Gold Complex (the “PEA MRE”). This MRE will form the basis for the pre-feasibility study (“PFS”) on the Project, which the Company expects to complete in the second half of 2022.