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Treasury Metals Announces Positive Preliminary Economic Assessment for Goliath Gold Complex News provided by Share this article $477 Million pre-tax NPV 5%; pre-tax IRR OF 37.3% (post-tax $328 Million and 30.2%) at US$1,600 per ounce gold TSX: TML OTCQX: TSRMF Highlights (all currencies are reported in Canadian dollars unless otherwise specified): LOW CAPITAL INTENSITY PROJECT WITH PRE-PRODUCTION CAPITAL COST OF $233 MILLION AND PRE-TAX PAYBACK PERIOD OF LESS THAN 2 YEARS ROBUST ECONOMICS WITH POST-TAX $328 MILLION NPV 5%; IRR OF 30.2%; AT US$1,600 PER OUNCE GOLD MINE LIFE OF 13 YEARS, WITH AVERAGE ANNUAL GOLD PRODUCTION DURING FIRST 9 YEARS OF 102,000 OUNCES AND TOTAL LOM RECOVERED GOLD OF ~1.1 MILLION OUNCES WORLD-CLASS INFRASTRUCTURE INCLUDES EXISTING HYDRO POWER, NATURAL GAS AND CP RAIL LINES PLUS TRANS-CANADA HIGHWAY ....