ESGold Corp. Identifies Promising Untested Geophysical Anomaly at Montauban Project

ESGold Corp. has uncovered a promising exploration opportunity at its Montauban Project in Quebec, identifying a substantial untested geophysical anomaly that could represent a significant mineral deposit. The discovery emerged from a comprehensive review of the company's 2015 VTEM survey and historical drill data, marking a significant development in the project's exploration potential. This finding is particularly important because it represents a previously unrecognized target that could substantially enhance the project's mineral resource base.

The newly identified zone, located in the southwestern portion of the project area, exhibits a strong conductive and magnetic signature characteristic of buried sulfide-rich Volcanogenic Massive Sulfide environments. This anomaly is situated within ESGold's expanded 255-claim package, which now encompasses 13,116 hectares. The identification of this target demonstrates the value of re-evaluating historical data with modern geological understanding and highlights the continued exploration potential within established mining districts.

The company is currently developing its first comprehensive 3D geological model of the project. This model will integrate multiple data sources, including VTEM and Total Magnetic Intensity data, information from over 950 historical drillholes, and upcoming Automated Neural Technology survey results. This integrated approach will provide critical guidance for future drilling strategies and represents a sophisticated method for target generation that could significantly improve exploration efficiency and success rates.

While ESGold continues to advance toward near-term production through tailings reprocessing, the discovery of this southwest anomaly represents a strategic shift. The potential for a district-scale mineral discovery adds significant value to the company's exploration efforts in the region and provides a compelling growth opportunity beyond the immediate production timeline. This dual-track approach demonstrates how mining companies can balance short-term revenue generation with long-term exploration upside.

The Montauban Project, located 80 kilometers west of Quebec City, serves as a model for the company's commitment to responsible mining practices. By balancing near-term production goals with extensive exploration potential, ESGold demonstrates a forward-thinking approach to resource development that could serve as a template for other junior mining companies operating in established mining jurisdictions.

Geologists and industry experts recognize VMS deposits as important sources of copper, zinc, lead, gold, and silver. The undrilled nature of this anomaly suggests substantial potential for mineral resource discovery, making it a high-priority target for ESGold's exploration team. The identification of such targets in mature mining districts underscores the importance of continued geological innovation and data re-interpretation in the mining industry.