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Treasury Metals Appoints Robert MacDonald as Vice President, Goliath Gold Project

Management Changes

Treasury Metals Appoints Robert MacDonald as Vice

President, Goliath Gold Project

TSX:TML

TORONTO

,

June 28, 2017

/CNW/ - Treasury Metals Inc. (TSX: TML) ("Treasury" or the "Company") is pleased to announce the appointment

of

Robert MacDonald

, P.Eng., as Vice President, Goliath Gold Project.

Mr. MacDonald brings extensive senior level expertise in mine production and technical services to the Company and has worked for some of

Canada's

leading mining companies and mining operations, including Goldcorp's Musselwhite and Red Lake Gold Mines and

Kirkland Lake

Gold's

Macassa Complex gold mine in Ontario. In addition, he worked with Cameco Corporation at its Cigar Lake and

McArthur River's

uranium projects in

Saskatchewan

.

As Vice President, Goliath Gold Project, Mr. MacDonald's primary focus will be on overseeing all activities related to the advancement of the

Goliath Gold Project towards construction and production, with an initial focus on completion of the mine permitting process and the feasibility

study.

Mr. MacDonald is a registered Professional Engineer in

Ontario

and holds a Bachelor of Science, Mining Engineering, from Queen's University

and has more than 30 years of experience in the sector.

In addition, the Company announces that Mr.

Norm Bush

will retire, effective

June 30, 2017

, from his full-time role with Treasury to enjoy more

time with his family. We thank him for his efforts over the past few years in advancing the Goliath Gold Project and we wish him well in his

retirement. Mr. Bush will continue to assist the Company with community affairs and educating the local stakeholders about the Goliath Gold

Project on a consulting basis.

Chris Stewart

, President and Chief Executive Officer, commented, "On behalf of the Company I would like to welcome Bob to the team and

thank Norm for his ongoing dedication to both the local communities and the project. I am delighted to be working with Bob again on another

exciting

Ontario

gold project and I know his experience in technical services, project management and mine management will benefit the Company

greatly. He will provide a huge boost to our efforts to bring the Company's flagship Goliath Gold Project to production."

To view further details about the Company and Goliath Gold Project, please visit the Company's website at

www.treasurymetals.com

Follow us on Twitter @TreasuryMetals

Treasury Metals Inc. is a gold focused exploration and development company with assets in

Canada

and is listed on the Toronto Stock Exchange

("TSX") under the symbol "TML". Treasury Metals Inc.'s 100% owned Goliath Gold Project in northwestern

Ontario

is slated to become one of

Canada's

next producing gold mines. With first-rate infrastructure currently in place and gold mineralization extending to surface, Treasury Metals

plans on the initial development of an open pit gold mine to feed a 2,500 per day processing plant with subsequent underground operations in the

latter years of the mine life.

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.

SOURCE

Treasury Metals Inc.

View original content: http://www.newswire.ca/en/releases/archive/June2017/28/c2921.html

%SEDAR: 00027114E

For further information:

Chris Stewart President & CEO, and Director, T: 1.416.214.4654, [email protected]; Greg Ferron Vice

President, Corporate Development, T: 1.416.214.4654, [email protected]

CO: Treasury Metals Inc.

CNW 07:30e 28-JUN-17