TML Treasury Metals Inc

Treasury Metals Inc. ("Treasury" or the "Company") (TSX:TML) is pleased to
report that 2,133,750 common shares of the Company were issued upon the exercise
of outstanding warrants at a price of $0.30 per common share for aggregate gross
proceeds of $640,125. The warrants were issued as part of the Company's
non-brokered private placement offering on May 22, 2009. The Company also wishes
to remind warrant holders that the 912,750 warrants issued in connection with a
private placement offering on July 2, 2008 at a price of $0.60 per unit are due
to expire on July 2, 2010.


About Treasury Metals

Treasury Metals Inc. is a mineral exploration company that is actively
developing its 100% owned flagship Goliath Gold Project. The Goliath Gold
Project contains the Thunder Lake Gold Deposit that has more than 1.0 million
estimated ounces of gold, consisting of 130,000 indicated ounces (820,000 tonnes
at 4.8 g/t Au; Main Zone) and 920,000 inferred ounces (7,000,000 tonnes at 4.1
g/t Au; All Zones), using a cut-off grade of 2.0 g/t Au (see NI 43-101 report -
"Report on the Goliath Project, Kenora Mining Division, Northwestern Ontario,
Canada" dated December 19, 2008 - filed on SEDAR). Mineral resources are not
mineral reserves and by definition do not demonstrate economic viability.
Drilling of the Thunder Lake Gold Deposit to date has intersected the Main Zone
over a strike length of about 1,700 metres, with thicknesses of 0.5 to 30 metres
(average width of 7.6 metres at 0.5 g/t Au cut-off) and a high-grade core with
an average width of 1.9 metres (3.0 g/t Au cut-off).


Treasury Metals has royalty revenue from Sierra Minerals' Cerro Colorado Mine in
Mexico along with other monetizable assets. Treasury Metals has a strong
shareholder base and its management team and board are seasoned mining industry
veterans with proven track records. 


For additional information on Treasury Metals and its projects, please visit the
Company's website at www.treasurymetals.com.


Forward-looking Statements

Securities regulators encourage companies to disclose forward-looking
information to help investors understand a company's future prospects. This
press release contains statements about our future financial condition, results
of operations and business. These are "forward-looking" because we have used
what we know and expect today to make a statement about the future.
Forward-looking statements usually include words such as may, expect,
anticipate, believe or other similar words. We believe the expectations
reflected in these forward-looking statements are reasonable. However, actual
events and results could be substantially different because of the risks and
uncertainties associated with our business or events that happen after the date
of this press release. You should not place undue reliance on forward-looking
statements. As a general policy, we do not update forward-looking statements
except as required by securities laws and regulations.

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