Treasury Metals Inc. ("Treasury Metals" or the "Company") (TSX:TML) is pleased
to announce additional drill results from its current 20,000 metre diamond
drilling campaign at the Goliath Gold Project. The Company reports high-grade
intersections (in table), with the best results being 23.22 g/t Au over
5.11metres in hole TL11-132 and 14.87 g/t over 7.00 metres in hole TL11-130.
These drill holes are located near the eastern boundary of the existing resource
and continue to define a high grade zone at the Goliath Gold Project.


Significant gold intersections include:



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Drill Hole          From(m)     To(m)   (i)Interval(m)   Au(g/t)    Comments
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TL11-128             373.50    376.50             3.00      2.16   Main Zone
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TL11-129             351.00    364.00            13.00      2.73   Main Zone
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  including          358.50    361.50             3.00      6.88   Main Zone
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TL11-130(ii)         335.00    342.00             7.00     14.87   Main Zone
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TL11-131             388.90    390.40             1.50      9.19   Main Zone
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TL11-132(ii)         198.00    203.11             5.11     23.22   Main Zone
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TL11-133             337.00    339.00             2.00      1.36   Main Zone
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(i)Intervals do not necessarily indicate true widths. Holes drilled at      
approx. 320 degrees Az and dip of -60 degrees.                             
                                                                            
(ii)Cut value (using a top-cut of 50 g/t) TL11-130: 9.27g/t over 7.00m and  
TL11-132: 7.84 g/t over 5.11m.                                              



Treasury Metals continues drilling at the Goliath Project with two drill rigs
currently turning on-site and is well funded to complete its 20,000m drill
program.


Martin Walter, CEO of Treasury Metals commented, "The tenure of drilling results
is improving as we gain a better understanding of the deposits' geometry and the
latest results are exceeding expectations and the results of previous drilling.
We are encouraged that the resource remains wide open in that direction and is
showing significant promise. We are seeing a greater consistency in terms of
intersecting wider intersections of high-grade gold mineralization as we define
the eastern (high-grade) shoot."


To view the map associated with this release, please visit the following link -
http://media3.marketwire.com/docs/LongSectionImage.pdf.


Technical information in this press release has been reviewed and approved by
Andrew Cheatle, P.Geo., Vice President, Exploration of Treasury Metals, who is a
qualified person under the definitions established by National Instrument
43-101.


The Company has implemented a quality assurance and quality control (QA/QC)
program to ensure sampling and analysis of all exploration work is conducted in
accordance with the CIM Exploration Best Practices Guidelines. The drill core is
sawn in half with one half of the core samples shipped to Accurassay
Laboratories in Thunder Bay, Ontario. The other half of the core is retained for
future assay verification, and/or metallurgical testing. Other QA/QC procedures
include the insertion of blind blanks and standards for every tenth sample in
the sample stream. Selected quarter core duplicates were assayed for 5% of the
samples. The laboratory re-assays 10% of all samples (pulps and rejects) and
additional checks are routinely run on anomalous values including gravimetric
analysis and pulp metallics. Gold analysis is conducted by lead collection, fire
assay with atomic absorption and / or gravimetric finish on a 30 gram sample.
Check assays by a secondary lab are completed as necessary.


For additional information on Treasury Metals and a complete map of drill holes,
please visit the Company's website at www.treasurymetals.com.


Forward-looking Statements

This release includes certain statements that may be deemed to be
"forward-looking statements". All statements in this release, other than
statements of historical facts, that address events or developments that
management of the Company expect, are forward-looking statements. Actual results
or developments may differ materially from those in forward-looking statements.
Treasury Metals disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise, save and except as may be required by applicable securities
laws.
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