ESGold Corp. Discovers Deep Mineral System at Montauban Project

ESGold Corp. has announced significant findings from its Ambient Noise Tomography survey at the Montauban Gold-Silver Project in Quebec, revealing a system that extends to depths of 1,200 meters, far beyond areas previously mined. This discovery suggests that Montauban may host a district-scale Volcanogenic Massive Sulphide system, characterized by multiple stacked mineralized lenses similar to those found in globally significant deposits. The depth extension represents a substantial expansion of the project's potential mineralization, indicating that historical mining operations only scratched the surface of what could be a much larger mineralized system.

The integration of ANT survey data with historic drill results and VTEM data is currently guiding the development of a new 3D geological model for the project. This comprehensive approach to data integration allows for more accurate targeting of future drilling campaigns and provides a clearer understanding of the structural controls on mineralization. The advanced geophysical techniques employed in the survey have enabled ESGold to visualize the subsurface architecture in unprecedented detail, revealing previously unknown geological features that could host significant mineralization.

With all necessary permits secured and tailings reprocessing already in progress, ESGold is strategically positioned to capitalize on both near-term production opportunities and the long-term exploration potential of Montauban. The company's dual-track approach demonstrates a balanced strategy that addresses immediate revenue generation while simultaneously pursuing the larger exploration upside. The tailings reprocessing operation provides cash flow to fund ongoing exploration activities, creating a self-sustaining cycle of investment and discovery.

This approach underscores the project's viability as a potential multi-generational mining asset, offering substantial value to stakeholders and contributing to the local economy. The discovery of such extensive mineralization at depth suggests that Montauban could support mining operations for decades, providing long-term employment and economic benefits to the region. The project's location in Quebec, a mining-friendly jurisdiction with established infrastructure, further enhances its development potential and reduces operational risks. For further details on the press release, visit https://ibn.fm/t4OUz.