Treasury Metals intersects 16.0 g/t gold from western target at Goliath

Treasury Metals (TSE:TML) announced Tuesday initial high grade drilling results from the western target at the Goliath gold project in northwestern Ontario.
The western prospect is located one kilometre along strike from the eastern high grade zone at the property.
The best result reported today is from hole TL11-173, which returned 3.4 metres at 16.0 grams per tonne (g/t) of gold.
"Initial results in the western target are highly encouraging and warrant additional drilling," said vice president of exploration, Andrew Cheatle.
"The western target has the potential to add additional ounces to the overall resource.
"We will continue to work in this area to define other high-grade shoots, which are accretive to the high-grade structures that are currently being defined in the eastern portion of the deposit."
Indeed, results have also been reported from the eastern zone today, which until recently, has been the primary focus of Treasury's 30,000 metre drill program.
Highlights from the eastern target include 4.0 metres at 18.9 g/t gold in hole TL11-164; and 2.4 metres of 13.2 g/t gold in hole TL11-169.
The company said these results are located near the eastern boundary of the resource. These drill holes, coupled with the results from previously announced drilling, are being used to define the extent of the high-grade gold zone at Goliath, which continues to be open at depth.
Two drill rigs are currently on site, with one rig remaining on the eastern target.
Last month, 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.