Was the clue in the last ann on Sioux Lookout finds.
Outstanding results from first-pass exploration work at AuTECO’s Sioux Lookout property point to the discovery of a potentially significant high-grade gold system
• The surface mapping and fieldwork has returned high-grade outcrop samples within a broad sulphide alteration zone including:
o 73.6g/t gold
o 15.1g/t gold
• The property is on the same trend as Treasury Metals’ (TSX:TML) 2.9Moz1 Goliath Gold project
• Follow-up sampling is underway with results expected in coming weeks
• “We are now looking at the potential for a major discovery which would create immense value for AuTECO shareholders.” – AuTECO Chief Executive Darren Cooke
Can they do a deal on some of TML land near Sioux Lookout? Or are they looking to takeover TML. Is TML in trouble financially?
Should know more before TSX opens tonight if TML goes into TH.
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