Treasury Metals Inc. announced the departure of the President and Chief Executive Officer Chris Stewart. Chris has accepted an executive role with a global intermediate gold producer, and will leave Treasury to assume his new role in August. Chris presided over an active phase of permitting, exploration, and development at Treasury and built a team in Dryden which will continue progressing the Goliath gold project towards production.

Bob MacDonald, Vice President, Operations and Mark Wheeler, Project Director will continue in their roles with increased responsibilities and the Company will continue to focus on Federal mine permitting with the Canadian Environmental Assessment Agency, engineering and on the completion of the on-going resource expansion drilling program. The Board has appointed Greg Ferron as Interim CEO. Mr. Ferron, currently VP of Corporate Development, has played a key role in the evolution of the company.