World Mining Magazine

Page 63

news

Goliath expansion drilling intersects high grade T

reasury Metals has announced additional assay results from its expansion drilling at the Goliath Gold Project in north-western Ontario. The results demonstrate further delineation of the developing new C Zone East shoot approximately 200 metres from the easternmost Main Zone shoot. Drilling to date has intersected 7 holes above 10 g/t in an area now spanning 200 metres along strike by 150 metres down dip. The Eastern C Zone area has the potential to lead to new resources and increased production profile in the underground because of its close

“The Eastern C Zone area has the potential to lead to new resources”

proximity to the Main Zone. The company is presently reviewing the impact of the mine schedule and will establish additional drill targets. Results from the Main Zone expansion drilling designed to extend the main zone shoots will be reported as they become available. The company is approximately 6,000 metres into the 15,000 metre program. The Goliath Gold Project consists of the construction, operation, decommissioning and remediation of an open-pit and underground gold mine and associated infrastructure located 20 kilometres east of the city of Dryden, Ontario. World Mining Magazine www.ogsmag.com

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