Treasury Metals (TSE:TML) announced Monday its addition of two new members to its board of directors, as voted by shareholders at the company's Annual General Meeting on June 9.
Along with the re-appointment of Marc Henderson, Douglas Bache, Blaise Yerly, Peter Walker and William Fisher, shareholders elected Treasury president and CEO Martin Walter, as well as Harry Burgess to the board.
Walter joined Treasury in December 2010 as CEO, shortly expanding his title to include that of president. Meanwhile, Burgess is the founder and former vice president of Micon International Ltd., a mining consulting practice.
The news comes just days after Treasury announced positive drill results from its flagship property, the Goliath gold project in northwestern Ontario.
Treasury found strong gold values across 30,000 metres or 14 diamond drilled holes, with the best results being 17.72 metres at 3.49 grams per tonne (g/t) gold coming from hole TL11-161.
The Toronto, Ontario-based company, whose stock on the Toronto Stock Exchange is trading at $1.30 per share, said it is continuing with its well-funded drill program on the Goliath site.
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