Projects

Goliath Gold Complex Overview

The Goliath Gold Complex currently refers to a prospective 65-km trend in a 330 km2 land package comprised of three distinct projects located within the Wabigoon-Greenstone belt in the Dryden-Sioux Lookout Area of northwestern Ontario. 

Treasury Metals Inc.’s land package lies adjacent to the Trans-Canada highway and is located midway between Thunder Bay and Winnipeg. The closest city is the City of Dryden, a drive of 15 km to the west. The community of Wabigoon is five km to the south of the Project.

Treasury Metals Inc.’s Goliath Gold Complex offices are located in former Ontario government industrial offices, workshops and storage facilities.

Beneficial features of the Project location are:

  • Year-round fieldwork can be completed in comfortable working conditions
  • Excellent year-round road access
  • On-site power supply
  • Trans-Canada Natural Gas Pipeline
  • Neighbouring major industrial services in Dryden
  • Nearby workforce in surrounding communities

    

 

The Goliath Gold Project

Location: 20 km east of Dryden, Northwestern Ontario

Resource:

 

1,124Koz Au, 3,522Koz Ag Measured and Indicated and 75Koz Au, 92Koz Ag Inferred

Resource designs and all drilling at Goliath

Reserve: 210Koz Au, 731Koz Ag Proven and 411Koz Au, 993Koz Ag Probable
Host to:

Gold, Silver

Stage: Exploration and Development
Infrastructure: Trans-Canada Highway, Hydro One 115/230 kV power availability, municipally controlled roads, TransCanada natural gas pipeline, CP Rail, and skilled local workforce readily available.
Jurisdiction: Stable, mining-friendly jurisdiction of Northwestern Ontario.

The Goliath Gold Project (Mine + Mill) consists of the construction, operation, decommissioning, and remediation of an open-pit and underground gold mine and associated milling infrastructure including a tailings storage facility located 20 km east of the City of Dryden, Ontario. The Goliath Gold Project received Federal Environmental Assessment Approval in 2019 with the Minister of Environment and Climate Change Canada concluding that the Goliath Gold Project was unlikely to result in significant adverse effects to the environment. Treasury Metals has commenced the process of receiving additional permits and approvals to construct and operate the Goliath Gold Project (Mine + Mill).

Treasury received a Federal government Decision Statement for the Project under the Canadian Environmental Assessment Act, 2012 (CEAA, 2012) on 19 August 2019 (Decision Statement), with the Minister of Environment and Climate Change Canada concluding that with the implementation of mitigation measures, the Project is not likely to cause significant adverse environmental effects referred to in subsection 5(1) CEAA, 2012. 

As per Condition 2.9, Treasury is required to prepare an annual report each reporting year.  Below is a link to the Annual Report in support of Condition 2.9.

 Goliath Gold Project Annual Report for the Federal Environmental Assesment 

Goliath Drilling 2021

Goliath Exploration Drilling 2021-2022

 

The Goldlund Gold Project

Location: 35 km SW of Sioux Lookout (25 km NE of Goliath Gold Project)
Resource:

940Koz Au Indicated and 704Koz Au Inferred

Resource designs and all drilling at Goldlund

Reserve: 621Koz Au Probable
Host to: Gold
Stage: Exploration and Development
Infrastructure: Provincial Highway and associated infrastructure, Local skilled workforce, nearby town of Dryden Sioux Lookout and Wabigoon, no milling or tailings infrastructure needed on site
Jurisdiction: Stable, mining-friendly jurisdiction of Northwestern Ontario

The Goldlund Mine Project is a proposed open pit mine with no associated processing infrastructure. Treasury Metals is currently collecting baseline environmental data at the Goldlund Mine Project to support all future approvals and permits required to construct and operate the mine. 

Goldlund Drilling 2021-2021 Gold

Goldlund Drilling 2020-2021 Silver

The Miller Gold Project

Location: 25 km SW of Sioux Lookout (35 km NE of Goliath Gold Project) 
Resource:

75Koz Au Indicated and 5Koz Au Inferred

Resource designs and all drilling at Miller

Reserve: 24Koz Au Probable
Host to: Gold
Stage: Exploration and Development
Infrastructure: Provincial Highway and associated infrastructure, Local skilled workforce, nearby town of Sioux Lookout,  Dryden and Wabigoon, no milling or tailings infrastructure needed on site
Jurisdiction: Stable, mining-friendly jurisdiction of Northwestern Ontario

The Miller Mine Project is a proposed open pit mine with no associated processing infrastructure. Treasury Metals will soon start collecting baseline environmental data at the Miller Mine Project to support all future approvals and permits required to construct and operate the mine.