Responsible Mining

Community Frequently Asked Questions

In late 2012, the Canadian Environmental Assessment Agency (CEAA) accepted Treasury's Project Description, thereby officially initiating the mine development permitting and approval process. The CEAA determined that Goliath would be subject to an Environmental Assessment and issued Environmental Impact Statement guidelines. The guidelines identify the nature, scope, and extent of information required for the Environmental Impact Statement (EIS).

Treasury is also on track with its provincial permitting responsibilities. Among the Provincial requirements are Class EA's running concurrently with the Federal EA, Environmental Compliance Approvals (ECA) for air, noise and water and a Closure Plan that will be filed with the Ministry of Northern Development and Mines.
Treasury Metals plans ongoing regular meetings to keep the public and all interested stakeholders informed.

Q - Is Treasury Metals a standalone company?

Treasury Metals is a standalone company. Please visit the Company's financial statements and related Management Discussion and Analysis for further details.

Q - Where is the head office for Treasury Metals?

The corporate head office of Treasury Metals Inc. is located in Toronto. The address is:

Treasury Metals Inc.
The Exchange Tower
130 King Street West, Suite 3680
P.O. Box 99
Toronto, Ontario M5X 1B1

Q - Where is the project office located?

The project office is located at the end of Tree Nursery Road,in a former Ministry of Natural Resources tree nursery office, with additional warehouses and excellent infrastructure, which was purchased by the Company in 2010.

Q - Does Treasury Metals have existing mines?

Treasury Metals does not have an active mine in the company.

Q - What opportunities, sponsorships and investments are available to local residents as a result of the Company's location?

In addition to creating jobs and business opportunities, Treasury Metals is committed to working closely with the communities around us. As an example, we have sponsored a skating rink in Wabigoon, Ontario, and sponsored an area after-school program. Treasury Metals is committed to supporting the communities around which it operates.

Q - Is the majority of the property on Treasury Metals or crown land?

The majority of the land upon which the proposed mine will be built is on privately held land owned by Treasury Metals.


Q - Has Treasury Metals obtained all the required exploration permits?

Yes. All required exploration permits have been obtained and approved through the Ministry of Northern Development and Mines (MNDM).

Q - Do the company drills continue to run year round?

Yes. Drilling and other exploration activities continue throughout the entire year with schedules based on the drilling programs.

Q - What type of exploration activities and drilling programs have you completed so far?

Exploration activities have included: mapping, channel sampling, trenching (stripping of overburden), airborne geophysics and ground geophysics. In our drilling programs, we have managed to complete 433 diamond drill holes.

Q - Is there a QAQC code of conduct in place?

Yes. The safe and proper handling of core is of utmost importance to Treasury Metals. Quality Assurance/Quality Control (QAQC) measures include the insertion of Certified Reference Materials (CRM) supplied from an International Organization for Standardization (ISO) approved laboratory. Our current lab inserts ISO accredited CRM standards every tenth sample. Treasury Metals has policies and procedures to hold its employees to the highest standards in all areas including but not limited to ethics, safety and behavior.