Treasury Metals recommences drilling at Goliath Gold Project, Ontario

Friday, Jan 11, 2013

TORONTO, Jan. 10, 2013 /CNW/ - Treasury Metals Inc. is pleased to announce a 2013 exploration drilling program is now under way at Treasury's 100% owned Goliath Gold Project, situated near the community of Wabigoon and 20 kilometres east of the City of Dryden, Ontario.

The primary focus of the drilling program will be to further delineate the C Zone within the proposed open pit to bring Inferred resources to Indicated resources and add ounces to the open pit. Further exploration will follow of the C Zone high-grade gold shoot, discovered in the central part of the Goliath deposit and intersected approximately 50 metres behind the project's mineralised Main Zone (see news release December 11, 2012).

Completed assay results from December drill holes will be released shortly once assays become available.

Technical information in this press release has been reviewed and approved by Mr. John J. Chulick, a consulting geologist registered in the State of California, who is the Qualified Person for the Goliath Gold Project under the definitions established by National Instrument 43-101.

SOURCE Treasury Metals Inc.