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Goliath grows

Shares in Treasury Metals (CN:TML) fell 1.3% yesterday to C77c as the company clarified all-in sustaining costs would be US$45 higher per gold-equivalent ounce than flagged last month for its Goliath gold and silver project in Ontario.

Mining Journal
Treasury’s Goliath project grows

Treasury’s Goliath project grows

The company’s updated preliminary economic assessment has shown a 33% higher head grade and 37% increase to its life-of-mine gold production profile but a more “conservative approach” to costs than its...

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