08:18 AM EDT, 03/22/2024 (MT Newswires) -- Treasury Metals Inc. ( TSRMF ) President and CEO Jeremy Wyeth said Friday that it will continue to focus on advancing the Goliath gold complex in 2024.

Wyeth said the company will advance "permitting and community consultations, with the goal to pursue additional value enhancement opportunities."

In 2023, Treasury completed a prefeasibility study for Goliath that outlined a posttax net present value of $336 million based on a 5% discount rate with a 25.4% internal rate of return.

Meanwhile, Treasury reported the resignation of Frazer Bourchier from the board.