Disseminated on behalf of ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) and may include paid advertising.
- ESGold Corp., a development-stage mining company, just added 144 new mining claims in and around its Montauban project in Quebec
- The expansion follows the recent completion of an ANT-based 3D geological model, suggesting the potential for a mineralized corridor extending approximately 900 meters in depth and over two kilometers of strike
- The expansion allows ESGold to systematically and strategically evaluate the full extent of the Montauban mineral system, marking a critical inflection point for the company, with evaluation that is no longer constrained by historical evaluations
ESGold (CSE: ESAU) (OTCQB: ESAUF), a development-stage company committed to acquiring, exploring, and developing high-quality mineral properties worldwide, just added 144 new mining claims in and around its Montauban project, bringing the total to 417 mining claims. This milestone represents the largest contiguous mineral tenure held by a single company in the region. The move also ensures that the company is not constrained by historical boundaries that previously limited its operations (https://ibn.fm/bXFk9).
The expansion follows the recent completion of an ambient noise tomography (“ANT”)- based 3D geological model, which suggested the potential for a mineralized corridor extending to approximately 900 meters in depth and over 2 kilometers of strike, remaining open beyond the limits of the existing survey area at the property.
“The recently completed 3D geological model fundamentally changed our understanding of Montauban and underscored the importance of securing control over the broader geological system,” noted Gordon Robb, ESGold’s CEO. “While we remain hyper-focused on advancing Montauban toward near-term production of our tailings project, we are moving exploration forward in tandem, recognizing the opportunity to create value on two tracks simultaneously,” he added (https://ibn.fm/bXFk9).
This development positions ESGold to systematically and strategically evaluate the full extent of the Montauban mineral system, particularly given modern exploration that has advanced beyond the historically mined footprint. Going forward, the company expects to significantly expand its ANT survey to cover approximately 70 square kilometers. The goal with this would be to assess the scale and continuity of the broader mineralized corridor.
“The addition of nearly 76 square kilometers of strategically positioned ground around Montauban is aimed at providing the scale necessary to properly evaluate the potential extent of the mineralized corridor identified by the model and to ensure we are not constrained by the historical boundaries as we systematically assess what Montauban may ultimately become,” Robb noted (https://ibn.fm/bXFk9).
ESGold also plans to integrate ANT results with existing geological, geochemical, and structural datasets for the property, along with developing a targeted step-out diamond-drilling program focused on testing high-priority targets identified by the model and expanded geophysics.
The expanded land position marks a critical inflection point for ESGold. The company is positioned to systematically evaluate the full potential of the emerging mineral system while not being constrained by its historical land base and boundaries. It is an opportunity for ESGold to redefine the scale of its historic mining camp, all while advancing towards production.
For company information, visit the company’s website at www.ESGold.com.
NOTE TO INVESTORS: The latest news and updates relating to ESAUF are available in the company’s newsroom at https://ibn.fm/ESAUF
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