Treasury Metals Inc. ("Treasury Metals" or the "Company") (TSX:TML) is pleased
to announce it has completed 1,236 kilometres of magnetic and heliborne
electromagnetic ("EM") surveys over its Goliath and Goldcliff Gold Projects in
northwestern Ontario. The surveys will provide Treasury Metals with additional
geological information which, when interpreted, will be used to generate future
exploration targets on both properties. 


"We are committed to further exploration and realizing the potential that both
properties have to offer," commented Martin Walter, President and CEO of
Treasury Metals. "We're pleased with our progress to date on defining our
deposit at Goliath, and we believe the property - more than 49 km2 - has a
number of unexplored targets. This is also the first time we have had airborne
geophysics to interpret on the Goldcliff Project, located 40 kilometres
southeast of Goliath Gold Project, and we are eager to generate new targets on
that property." 


Treasury Metals is currently drilling targets located one kilometre along strike
from each other at the Goliath Gold Project. The eastern high-grade zone remains
the Company's main focus with one drill currently turning in the Main Zone area.
The second drilling rig is testing the Western Zone and other higher grade
shoots where mineralization has been reported in recent drilling. This drilling
rig will soon be moved to drill step-out exploration targets one kilometre east
and along strike from the mineral resource.


The Goldcliff Gold Project lies along a distinct NE-SW shear zone that also
hosts the past producers of the Goldrock Camp. In 2010, Treasury Metals
geologists conducted field mapping and prospecting on the property that led to
the discovery of several gold showings including grab sample assays up to 106.4
g/t Au.


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.


To learn more about Treasury Metals, 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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