Treasury Metals Provides Operational Update for Goliath Gold Project

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Treasury Metals Inc. (TML.TO) provided a summary of key operational activities on its flagship Goliath Gold Project in northwestern Ontario.

Treasury Metals submitted its Project Description to the Canadian Environmental Assessment Agency (CEAA) in late 2012. CEAA subsequently issued its Environmental Impact Statement ( EIS ) Guidelines to the company in February of this year. Treasury Metals continues to work towards submitting the Goliath Project EIS to CEAA in the fourth quarter of 2013, a major milestone in the mine permitting process.

Treasury Metals also continues to advance technical engineering programs to support a Goliath Gold Project Mine Feasibility Study. Nordmin Engineering of Thunder Bay completed a gap analysis of the company's environmental baseline data collection programs on the Goliath Gold Project. AMEC Environmental and TBT Engineering of Thunder Bay completed Phase One of the Project's Hydrogeology study that outlines natural water courses and surrounding ground water levels.


TML shares gained four cents to $0.56 on volume of 72,000.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Commodities

Referenced Stocks: EIS

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