Treasury Metals Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Jeremy Lentz Wyeth
- Full Time Employees
- 22
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 15 Toronto Street Toronto ON Canada M5C 2E3
- IPO Date
- Feb 13, 2009
- CIK
- 0001431922
- Website
- treasurymetals.com
- Similar Companies
- Business
- Treasury Metals Inc. (TSX: TML; OTCQX: TSRMF) operates as a gold-focused mineral exploration and development company with advanced-stage assets in Canada. The company holds 100% ownership of the Goliath Gold Complex, comprising the flagship Goliath Gold Project, Goldlund Gold Project, and Miller Gold Project, all situated across a prospective 65-kilometer trend within a 330 square kilometer land package in northwestern Ontario; these projects feature high-grade gold mineralization extending to surface, supported by first-rate infrastructure including proximity to the TransCanada Highway, and are advancing toward open-pit mining operations feeding a central 2,500 tonnes per day processing facility at Goliath, followed by underground development, with proposed life-of-mine production exceeding 1.1 million ounces of gold at average annual output of 102,000 ounces over the first nine years and all-in sustaining costs of approximately USD$911 per ounce. Treasury Metals targets the precious metals sector, serving investors and stakeholders in the North American gold mining industry through resource expansion, feasibility studies, environmental permitting, and engineering advancements such as geotechnical investigations, metallurgical testwork, and trade-off studies for tailings storage, haulage, and mill optimization. Established in 2008 and headquartered in Toronto, Ontario, with a project office at the Goliath site, the company maintains operations exclusively in Canada, focusing on the Kenora Mining District. In recent developments, Treasury Metals completed a business combination with Blackwolf Copper and Gold Ltd. in July 2024 through an all-share acquisition, integrating the Niblack high-grade copper-gold-zinc-silver VMS project in southeast Alaska and other exploration properties to create a diversified growth platform with enhanced leadership, balance sheet, and capital markets capabilities, alongside an upsized concurrent financing of up to C$6.4 million led by strategic investor Frank Giustra to fund 18 months of exploration at Goliath, including Phase II drilling northeast of the resource area and resource conversion to Indicated category. The transaction prompted a share consolidation on a one-for-four basis, delisting from the TSX, relisting on the TSXV, and a corporate continuance to British Columbia, positioning the entity for accelerated advancement of the Goliath Gold Complex toward production amid ongoing federal and provincial permitting processes. Previously, Treasury Metals expanded via the 2020 acquisition of the Goldlund project from First Mining Gold Corp., consolidating district-scale potential.
NexGold Mining Announces New OTCQX Ticker Symbol
NexGold Mining Announces Strategic Advisors and Equity Compensation Grants
NexGold Mining Completes Name Change and Consolidation
Treasury Metals Confirms Closing of Tranche 2 of Private Placement, Continuance to British Columbia and Listing on TSXV, and Announces Name Change and Consolidation
Treasury Metals and Blackwolf Complete Business Combination and Tranche 1 of the Concurrent Financing
Treasury Metals and Blackwolf Complete Business Combination and Tranche 1 of the Concurrent Financing
Copper-Gold Co.s Both Rated Strong Buys Ahead of Merger
Treasury Metals Announces Voting Results from its Annual and Special Meeting of Shareholders
Treasury Metals Announces Filing of Annual and Special Meeting Materials in Connection with Proposed Arrangement
Treasury Metals and Blackwolf Announce Upsize to Concurrent Financing
EARLY WARNING PRESS RELEASE IN RESPECT OF DISPOSITION OF COMMON SHARES OF TREASURY METALS INC.
Treasury Metals and Blackwolf to Create New Growth-Focused North American Gold Platform
Treasury Metals Announces Filing of 2023 Annual Disclosure Documents and Provides a Corporate Update
Precious Metals Royalty And Streaming Companies: The March Report
Treasury Metals shares up on 870 g/t gold interval drilled at Goliath
First Mining Gold says to hold special AGM on June 30 to vote on distribution of Treasury Metals shares and warrants
Treasury Metals Announces Commencement of 10,000m Drilling Program at Goldlund Gold Project
Treasury Metals Inc. Announces CEO Appointment