Treasury Metals is feeling optimistic about their Goliath gold mine project near Dryden. Spokesman Norm Bush, who also managed the mill in Dryden, says the start of construction is on the horizon.

"All in all, a combination of the environmental permitting work that we're doing, as well as the design work that supported that and the exploration results, we're feeling pretty good about the project," he said.

Bush says exploration work done over the winter showed more gold in the deposit than previously thought. The company's hoping to have the project up and running within two years.

The permits should be completed in time for construction to begin next year, with the production of gold set to begin in 2017.

"Obviously, we'd like to see a little higher price. It's certainly down from the peak of a couple of years ago," he said, noting the recent price around $1,200 an ounce.

The exchange rate with the American dollar is also good news for the project, with the Canadian dollar worth about 82 cents American.

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Treasury Metals - Goliath