Treasury Metals has proclaimed the first drilling results from the western target of the Goliath gold project.
This project is situated 1 km along the strike from the east high-grade zone returning 6.0 g/t gold over 3.4 m in hole TL11-173. The company has been recently focusing for the additional results from the 30,000 m drilling program. It has also intersected the eastern target and finds 18.9 g/t gold over 4.0 m in hole TL11-164 and 13.2 g/t gold over 2.4 m in hole TL11-169.
The company has less drilled the western target in the past when compared with the main zone and these are the holes that were drilled completely initially under the ongoing 30,000 m drilling program. These first drill holes were below 225 m under the surface.
The Vice President of Treasury Metals has stated that the company has received highly positive results from the western target and deserves additional drilling. This target has the potential to add further ounces to the large resource. The company will keep on drilling in this area to outline the high-grade shoots that are accretive to excellent formations, which is being described presently in the east section of the deposit.
The location of the eastern zone results are close to the resource’s east border. The results of these drill holes and the formerly reported holes are jointly utilized to outline the high-grade gold zone level at the project, which open continuously to depth.
Treasury Metals currently executes drilling at the project along with the two rigs that is present on site. It has received several funds to complete this drilling. One rig stays at the east target, wherein the company encounters encouraging results. The second rig is examining the western and other high-grade shoots continuously and will be mobilized to drill the exploration targets 1 km east and along the strike from the mineral resource.