Treasury Metals Raising C$17.5M, Advancing Goliath-Goldlund to PFS Posted by PublisherInternet Wednesday, 24. February 2021
After acquiring the neighbouring Goldlund open pit project from First Mining Gold, Treasury Metals (TML.TO, TSRMF.US) has been busy ever since to integrate both projects into a single open pit-underground project with synergies whenever possible. After hiring Ausenco, a reputable engineering firm, and appointing a new President and CEO, Jeremy Wyeth, who has lots of experience in building mines, the company worked diligently for 6 months on an integrated Preliminary Economic Assessment (PEA) for both projects.
From his bio, Wyeth seems the right man in the right place, considering his background. The highlight of his career is undoubtedly the development, construction, commissioning and ramp up of the Victor Diamond Mine in Northern Ontario, owned by De Beers. He took the Victor project from Preliminary Feasibility Study (PFS) to nameplate capacity. The Victo