Treasury Metals continues to make strides in getting the Goliath Gold Complex off the ground in the Wabigoon area.
Mark Wheeler and Mac Potter provided an update at Wednesday’s Dryden Rotary Club virtual meeting.
Wheeler is the Director of Projects and says recent purchases have strengthen their grip on the area.
“It is a mix or an amalgamation of three distinct projects. The Goliath project, the Goldlund project, and then the newly announced Miller project. So the previous companies had done a little bit of drilling, a little bit of exploration.”
The Goliath project received environmental approval from the Federal Government in 2019, now with Goldlund and Miller acquired, the company has started the provincial process.
Wheeler notes they plan to involve the entire surrounding area in the development of the project.
“Obviously nearby towns of Dryden and Sioux Lookout. Goldlund and Miller are on the Highway 72/Sioux Lookout highway. We do definitely include Sioux Lookout as a community that we will draw from. The real culture of the project is that we want to build as much as possible on a regional basis.”
Manager of Environment and Community Relations Mac Potter says one key next step is more community and Indigenous engagement.
“We will be going to the public in terms of continued dialogue and input. There will be things such as closure and fish compensation as well as a number of different provincial construction permits which will require public meetings.”
The 13 year mining life of the project, subject to growth, will create roughly 250 jobs at the mines alone.
There will be an open pit and underground at Goliath, and open pits at Goldlund and Miller.
Treasury Metals aims to have a construction decision at Goliath by Quarter 4 of 2023.
