Treasury Metals is excited about their planned acquisition of the Goldlund property about 35-kilometres from the Goliath Gold project in the Dryden-Wabigoon area.
The major transaction brings roughly 3.1 million ounces of combined gold into an integrated development.
Mark Wheeler is the Director of Projects and he says the immediate priority is getting everything secured to move Goliath towards production.
Wheeler says the federal government has approved the environmental assessment for Goliath and provincial permits are pending.
However, he notes it’s too early to provide any firm information on when those assessments will be completed.
Wheeler says “Goldlund project itself is more early stage. We think of that as a bit more of a future opportunity. As it goes forward we will be continuing to investigate and look at the options of that going forward. So we see that as more of a future timeline.”
In terms of the amalgamated properties, Wheeler says there is a lot of studying to do.
“There is a resource there. There is known gold on the property. So I think long-term, in the future, we could see some sort of combination or Goldlund as a producing mine in its own,” Wheeler explains.
However, Wheeler points out “I think there is a lot of work to do going forward as we look at how the two projects go forward on their own or some sort of combined fashion.”
Although there are no concrete plans at this time, he says he hopes to act as quickly as possible to determine how to proceed.
