09:53 AM EST - Treasury Metals Inc. : And Platinex Inc. have entered into a non-binding heads of agreement between the two companies to create the largest combined gold focused property package in the Shining Tree District, in northern Ontario. The highlights of the agreement are, namely: Treasury will transfer a 100% interest in its 280 claim unit 5,045 Ha. (12,466 ac.) Shining Tree Fawcett East property to Platinex, to create the largest combined gold focused property package in the Shining Tree District, in northern Ontario. The Shining Tree Property is located on 21 kilometres of the Tyrrell-Ridout Deformation Zone which also hosts both IAMGOLD's Côté Lake gold deposit and Pan American's Juby deposit. Treasury Metals Inc.
shares T.TML are trading up $0.005 at $0.23.
