JOHANNESBURG (miningweekly.com) – TSX-listed Treasury Metals on Thursday said drilling at its flagship Goliath gold project, in northwestern Ontario, had restarted.
The company stated that the initial 5 000 m drilling programme would comprise definition drilling of the main resource area, exploration of the new shallow high-grade zone discovered late during Phase 1 drilling, as well as the drilling of several regional targets within the Goliath claims.
Treasury highlighted that infill definition drilling of the Main and C zones would be focused on upgrading current inferred resources into the indicated category and a possible expansion of the resource.
“As results are received, additional metres may be added, thereby, extending the drill programme,” Treasury added.