Wednesday 21 March 2012

Treasury Metals bolsters Goliath project development team with 3 appointments

Mineral explorer Treasury Metals (TSE:TML) has appointed three new members to its Goliath gold project development team, the company said Wednesday.
Mark Wheeler, who holds a degree in mining engineering from Queen’s University in Canada, will join the company as senior mining engineer.
Prior to his appointment, he worked at Teck Resources' (TSE:TCK.B) Quebrada Blanca open-pit mine, where he held several roles, with increasingly greater responsibility.
His experience covers large-scale gold projects such as the Willams underground mine, found in Ontario, Canada, where he was underground production supervisor.
The second appointee, Ashley Martin, has worked mainly as a mining consultant with Knight Piesold and was involved in large open-pit mining operations in Africa and Australia for gold and copper projects. He will join Treasury Metals as senior project manager.
Martin, whose background includes managing Equinox’s Lumwana copper project in Zambia, has a civil engineering degree from Curtin University, in Western Australia.
Finally, Mackenzie Potter, an environmental technician, will be in charge of co-ordinating all on-site environmental monitoring and testing at the project. He will oversee the environmental permitting processes as the company moves forward.
Potter has a degree in environmental studies from Lakehead University, with a specialization in geomatics from Sir Sandford Fleming College.
The Goliath project is 20 kilometres east of Dryden, Ontario, and covers the Thunder Lake gold deposit. It is host to a wide number of highly prospective targets that show potential for gold mineralization and includes a six kilometre prospective strike along trend from the Thunder Lake gold deposit.
Treasury Metals is focused on expanding its gold resources, developing its Canadian mineral properties and potentially acquiring advanced stage gold projects in the Americas.
Shares of Treasury Metals rose nine cents, or 8.65 percent, to reach $1.13 in trade on Toronto’s main trading index on Wednesday.

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