Drolet Stock Note: Treasury Metals Inc. – Next Ontario Gold Mine
Mario Drolet President of MI3 Communications Financières Inc. (MI3) released his Stock Notes on Treasury Metals Inc. (TSX: TML | OTCQX: TSRMF) for exclusive distribution on InvestorIntel. In this note, MI3 highlighted the following points on Treasury Metals Inc.:
- Treasury Metals to Acquire Neighboring Goldlund Project, Consolidating an Emerging Canadian Gold District in Ontario
- Combined 2.0 Moz Au in the M&I resource categories, and 1.1 Moz Au in the Inferred resource category, solidifying the Goliath-Goldlund project as one of the largest undeveloped gold assets in Canada
- Closed over-subscribed $11.5 Million Bought Deal Financing
- TML traded over 75.8 Million shares between $0.16 & $0.61
- Support: S2; $ 0.45 S1; $ 0.52 Resistance: R1; $0.57 R2; $0.61
About Treasury Metals Inc.
Treasury Metals Inc. is a gold focused company with assets in Canada and is listed on the TSX under the symbol “TML” and on the OTCQX® Best Market under the symbol TSRMF. Treasury’s flagship Goliath Gold Project is located in Northwestern Ontario. The project benefits substantially from excellent access to the Trans-Canada Highway, related power and rail infrastructure, and close proximity to several communities including Dryden, Ontario. Treasury plans on the initial development of an open pit gold mine with subsequent underground operations. The Company also owns several other projects throughout Canada, including Lara Polymetallic Project, Weebigee Gold Project, and grassroots gold exploration properties Gold Rock/Thunder Cloud and Shining Tree properties.
PLEASE DO YOUR DUE DILIGENCE
Disclaimer: This MI3 Technical Note produced by MI³ Communications Financières is neither an offer to sell, nor the solicitation of an offer to buy any of the securities discussed therein. The information contained is prepared by MI3, emanating from sources deemed to be reliable. MI3 Communications Financières makes no representations or warranties with respect to the accuracy, correctness or completeness of such information. MI³ Communications Financières accepts no liability whatsoever for any loss arising from the use of the information contained therein. Please take note that for compliance purposes, all directors, consultants or employees of MI3 Communications Financières are prohibited from trading the securities of the company and MI3 Communications Financières is a shareholder and do not intend to sell any shares during the distribution of this report.