Canadian Mining Journal


GOLD: Treasury Metals, Metis sign agreement covering Goliath project

ONTARIO – The Metis Nation of Ontario and Treasury Metals of Toronto have signed a memorandum of understanding that covers the company’s Goliath gold project 20 km east of Dryden. Treasury began work on a feasibility study for the project last August.

Map of the Goliath property near Dryden, Ont. (Image: Treasury Metals)

The Atikokan Metis Community Council, the Kenora Metis Community Council, the Northwest Metis Community Council and the Sunset Country Metis Community Council which represent the regional rights-bearing Metis communities in the Treaty #3 area, including, the Metis traditional territories of Lake of the Woods, Lac Seul, Rainy River and Rainy Lake, are all parties to the agreement.

This MOU is designed to foster a co-operative and productive relationship between the Metis and Treasury Metals and to assess any potential impacts of the project on nearby communities. The MOU also provides the Metis community with an opportunity to participate in the project through employment, training and business development and ongoing consultation.

Gold production from the Goliath mine could begin as early as 2020.

Further details about the Goliath project are available at