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Treasury Metals Receives Draft EIS For Goliath

Jan 21, 2013

TSX:TML

TORONTO, Jan. 21, 2013 /CNW/ - Treasury Metals Inc. is pleased to provide an update on the mine permitting process for the Goliath Gold Project following its recent milestone of the acceptance by the Canadian Environmental Assessment Agency (CEAA) of the Project Description (see press release dated December 3, 2012).

The company has since received the CEAA determination to have the Goliath Gold Project subject to an Environmental Assessment (EA) and the notice of Draft Environmental Impact Statement (EIS) guidelines.

The Draft EIS guidelines are available on the CEAA website: http://www.ceaa-acee.gc.ca/050/document-eng.cfm?document=84356

Treasury Metals Inc.'s technical team has since 2010 been compiling the extensive ongoing environmental baseline for inclusion into the EIS.

To view further details about the Goliath Gold Project, please visit the Company's website at www.treasurymetals.com.

SOURCE: Treasury Metals Inc.

For further information:

Greg Ferron
Vice President, Corporate Development
T: 1.416.214.4654
greg@treasurymetals.com

Martin Walter
President & CEO
T: 1.416.214.4654
martin@treasurymetals.com