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 mineral potential beyond historical mining operations that focused on shallower zones.

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 allows for better understanding of the structural controls on mineralization and provides critical information for targeting future drilling campaigns. The combination of multiple geophysical and geological datasets enhances the confidence in identifying high-priority exploration targets throughout the extensive mineral system.

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 tailings reprocessing operation provides immediate cash flow while the company advances exploration of the deeper mineral system. This dual-track approach minimizes risk while maximizing the project's overall value proposition.

The discovery of a system extending to 1,200 meters depth significantly increases the project's resource potential and lifespan expectations. District-scale VMS systems typically host substantial mineral resources and can support mining operations for decades. The multiple stacked lenses identified through the survey work suggest the potential for numerous mineralized horizons, similar to productive mining camps worldwide. 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 through long-term employment and economic activity. For further details on the press release, visit https://ibn.fm/t4OUz.