Treasury Metals Inc. ("Treasury Metals" or the "Company") (TSX:TML) is pleased
to announce additional drill results from its current 30,000 metre diamond
drilling campaign at the Goliath Gold Project. The Company continues to report
positive intersections (in table), with the best results being 9.00 m @ 5.88 g/t
in hole TL11-140 and 8.64 m @ 6.43 g/t in hole TL11-141. The latest results are
located near the eastern boundary of the resource; these drill holes coupled
with the results from previously announced drilling are being used to define the
extent of the high-grade gold zone at the Goliath Gold Project.




----------------------------------------------------------------------------
Drill Hole            From(m)     To(m) (i)Interval(m)   Au(g/t)    Comments
----------------------------------------------------------------------------
----------------------------------------------------------------------------
TL11-137               263.00    267.00           4.00      2.75   Main Zone
----------------------------------------------------------------------------
TL11-138               302.35    313.00          10.65      1.63   Main Zone
----------------------------------------------------------------------------
          including    305.45    309.00           3.55      2.16            
----------------------------------------------------------------------------
----------------------------------------------------------------------------
TL11-139               330.00    337.75           7.75      2.85   Main Zone
----------------------------------------------------------------------------
          including    330.00    334.00           4.00      4.48            
----------------------------------------------------------------------------
----------------------------------------------------------------------------
TL11-140               296.00    298.00           2.00      4.82   Main Zone
----------------------------------------------------------------------------
                and    307.50    320.85          13.35      4.24   Main Zone
----------------------------------------------------------------------------
          including    307.50    316.50           9.00      5.88            
----------------------------------------------------------------------------
----------------------------------------------------------------------------
TL11-141               359.36    368.00           8.64      6.43   Main Zone
----------------------------------------------------------------------------
----------------------------------------------------------------------------





(i)Intervals do not necessarily indicate true widths. Holes drilled at      
approx. 320 degrees Az and dip of -60 degrees.                             



Treasury Metals continues drilling at the Goliath Gold Project with three
drilling rigs currently turning on-site, and is well funded to complete its
expanded 30,000m drill program. 


Click here for a map with drill holes: http://media3.marketwire.com/docs/tml428.pdf.

Technical information in this press release has been reviewed and approved by
Andrew Cheatle, P.Geo., Vice President of Exploration at 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.


To learn more about 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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