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FAQ on ESGold Corp.'s Discovery of a Major Untested VMS Target at Montauban

FaqStaq News - Just the FAQs • April 25, 2025
By FAQstaq Staff
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FAQ on ESGold Corp.'s Discovery of a Major Untested VMS Target at Montauban

Summary

ESGold Corp. has identified a significant, undrilled geophysical anomaly at its Montauban Project, indicating potential for a sulfide-rich VMS environment, marking a strategic shift towards exploring district-scale discovery potential alongside advancing near-term production.

What has ESGold Corp. discovered at its Montauban Project?

ESGold Corp. has identified a large-scale, high-conductivity geophysical anomaly in the southwestern portion of its Montauban Project, which remains undrilled and is considered a high-priority target due to its strong conductive and magnetic signature, typical of buried sulfide-rich VMS environments.

Why is the discovery at Montauban Project significant?

The discovery is significant because it represents a high-priority target for potential sulfide-rich VMS environments, offering district-scale discovery potential alongside the company’s near-term production goals through tailings reprocessing.

How did ESGold Corp. identify the anomaly at Montauban?

The anomaly was identified following an internal review of ESGold’s 2015 VTEM survey and historical drill data, with the company now finalizing the first-ever 3D geological model of the project to guide future drilling.

Where is the Montauban Project located?

The Montauban property is located 80 kilometers west of Quebec City, fully enclosed within ESGold’s expanded 255-claim package totaling 13,116 hectares.

What is ESGold Corp.’s plan for the Montauban Project?

ESGold Corp. is advancing toward near-term production through tailings reprocessing while also focusing on unlocking the district-scale discovery potential of the southwest anomaly, guided by a comprehensive 3D geological model.

Who can investors contact for more information about ESGold Corp.?

Investors can find the latest news and updates relating to ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) in the company’s newsroom at https://ibn.fm/ESAUF.

What makes the Montauban Project a model for responsible mining practices?

The Montauban Project combines near-term production with district-scale discovery potential, showcasing ESGold Corp.’s commitment to sustainable resource recovery and exploration, making it a model for responsible mining practices.

What is the size of ESGold Corp.’s claim package at Montauban?

ESGold Corp.’s claim package at Montauban totals 13,116 hectares, encompassing 255 claims.

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