Read the full story and comment on Tbnewswatch.com
Treasury Metals president-CEO Jeremy Wyeth feels the Goliath Gold Complex outside Dryden is being a tad undervalued and underappreciated by the market.
Treasury's 320-square-kilometre land package of claims runs in a corridor stretching southwest to northeast between Dryden and Sioux Lookout. First Mining Gold is a “strategic investor” in Treasury, after hiving off its Goldlund property to Treasury in 2020 that effectively doubled the size of the Goliath Gold holdings.
The federal environmental assessment process is complete and Treasury is currently navigating through the provincial process that include discussions with nearby First Nation communities on the mine's impact. Confident with his team of proven mine builders and operators, Wyeth said one of the “puzzle pieces” Goliath has working in its favour is its great infrastructure. There are highways, rail, power and gas lines either running through their property or is close by.
The exploration team seems to have a good handle on the area’s geological structure and is taking a prudent approach to drilling this year with its $6-million, 25,000-metre program. Wyeth said using mined-out pits provides a “better technical solution” to store tailings. It doesn’t enlarge their environmental footprint and allows the company to do “progressive reclamation” at Goliath that’s easier to build, maintain, close and monitor at a cheaper price.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Traders shorting MATIC in current market should read thisPolygon has been grabbing the headlines in recent days. Its native token MATIC has been pushing towards the $1 resistance with all force. The development updates on Polygon provided a solid foundation for MATIC to flourish in. Now, on-chain metrics are suggesting that $1 could be the very next target. And upwards we go The […]
Read more »
Fortitude produces 10,980 ounces of gold in second quarter, maintains its full-year guidanceA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Read more »
Gold, silver near steady; new fundamental inputs awaitedSenior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developments
Read more »
Rally Time in the Gold StocksRally Time in the Gold Stocks kitconews gold silver economics investing metals mining finance
Read more »
The gold market has turned bearishKitco News' general-interest stories takes a look at what is making headlines in the marketplace and how that is impacting precious metals prices
Read more »
Gold trades flat ahead of the European open(Kitco News) - Gold is trading flat leading into the European open while silver is around 0.21% in the black. Looking at the rest of the commodities complex, copper is nearly 1% lower while spot WTI is 0.82% higher.
Read more »