Treasury Metals Inc. announced the initial results from its 10,000m diamond drilling program at the Goldlund Gold Deposit within the larger 100% owned Goliath Gold Complex, which includes the Goliath and Goldlund deposits and the Miller prospect along a prospective 65km trend in Northwestern Ontario. The exploration program has been designed to ensure the safety of the workforce and surrounding communities during the COVID-19 pandemic and incorporates enhanced operating protocols that are consistent with local health guidance. The drilling represents Treasury's first phase of active exploration at Goldlund. All holes are targeting extensions of Zones 2 and 3 in the near surface area directly to the northeast of the targeted main zone open pit (Zone 1). Resource evaluation work undertaken as part of the ongoing Preliminary Economic Assessment at GGC have demonstrated the potential for additional conversion of Inferred Resources into Indicated Resources within an area contained within the anticipated pit area at Goldlund. Importantly, geological interpretation shows that this area has potential to improve continuity within Zones 2 and 3 and potentially improve resources contained within the conceptual pit shell.