The President and CEO of Treasury Metals says they are right where they want to be with the Goliath Gold project in the Wabigoon and Dryden area.
Jeremy Wyeth says the company is completely on track with their plan that was established at the beginning of the year.
Wyeth notes they set an aggressive drilling target goal of 60,000 metres at the start of this year, and they are scheduled to meet that by year-end.
He says the company has seen some really good results on the drilling.
Wyeth adds, “We’ve started the pre-feasibility study and we’re right in the middle of all the trade-off studies. There’s probably half a dozen of those that are running at the moment. We’re waiting for results from some of the laboratories and running some other work on that and starting to see some good results.”
There has also been a bit of a hiring boom at the local Treasury Metals site.
Director of Exploration Maura Kolb says more people are coming on to work on the project.
Kolb says currently they have about 16 employees, with about 70% from the Dryden area.
She adds roughly 25% are from the Thunder Bay region and only 6% are outside of that.
Kolb says they are always working on getting those people to come move to northwestern Ontario.
She notes the Goliath project also features a diverse team with 50% male and 50% female.
Kolb adds, “As we continue to grow, we will continue to recruit locally. We have some positions posted right now for a core technician and we’ll see our team growing in the coming years.”
The life of the mine is anticipated to be at least 13 years with 250 employees.
The company announced in March it was hoping for a construction decision at Goliath by Quarter 4 of 2023.