Goldlund is 2 km northeast of Treasury’s flagship Goliath property and includes open-pit resources of 12.9 million tonnes at 1.96 g/t gold.

Canada’s geological terrain and adherence to the rule of law position the country as a go-to destination for companies looking to establish and operate mineral projects.

Gold miners’ stocks just rolled over into a correction, raising concerns about the staying power of their massive post-panic upleg.

In 1915, an ounce of gold was worth $488.66 per ounce in today’s dollars and as of May 15, 2020, $1,751 per ounce.

The miner does not expect a major hit to its 2020 output forecast.

Territory Metals has a right to acquire a gold project in Nevada in which Aura Resources is interested.