Treasury Metals intersects 17.72m of 3.49 g/t gold at Goliath

Treasury Metals (TSE:TML) said Thursday that it has reported additional positive drill results from its Goliath gold project in northwestern Ontario, continuing to define the extent of the high grade gold zone at the deposit.
The latest results form part of the current 30,000 metre diamond drill program at the site, with the best assay being 17.72 metres of 3.49 g/t gold in hole TL11-161.
Other notable intercepts included 3.00 g/t gold over 5.18 metres, including 5.37 g/t gold over 1.16 metres in hole TL11-151; 13.22 g/t gold over 1 metre in hole TL11-160; and 7.54 g/t gold over 3 metres in hole TL11-164.
The holes reported today are located near the eastern boundary of the resource, and coupled with previoulsy announced results, are defining the extent of the high grade gold zone, the company said.
Three rigs are currently operating at Goliath, with two rigs remaining on the eastern target. The third rig continues to test the western high grade shoot, from where Treasury is still awaiting drill results.
On Tuesday, the company said that it received stellar gold recovery rates from its metallurgical test program on the project, of between 96% to 97%. The company now plans on expanding its metallurgical program to include purposed drilled holes in the eastern high grade zone.
Separately, the company also announced today that it has scheduled its annual general meeting of shareholders on June 9, at 2:30pm EST, to take place at the Toronto Board of Trade.