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

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 is considered a high-priority target due to its strong conductive and magnetic signature, typical of buried sulfide-rich VMS environments.

Why is this discovery significant?

This discovery is significant because it represents a major untested VMS target that could unlock district-scale discovery potential, while the company also advances toward near-term production through tailings reprocessing.

How was this discovery made?

The discovery was made following an internal review of ESGold’s 2015 VTEM survey and historical drill data, which revealed the high-conductivity geophysical anomaly.

Who is involved in this project?

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) is the company advancing the Montauban Project, with a focus on clean mining and exploration innovation in Quebec.

Where is the Montauban Project located?

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

What are the next steps for ESGold Corp. regarding this discovery?

ESGold is finalizing the first-ever 3D geological model of the project, integrating VTEM and TMI data, over 950 historical drillholes, and upcoming ANT survey results to guide future drilling.

How can investors stay updated on ESGold Corp.’s progress?

Investors can stay updated by visiting the company’s newsroom at https://ibn.fm/ESAUF for the latest news and updates relating to ESAUF.

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

The Montauban property combines near-term production with district-scale discovery potential, showcasing ESGold’s commitment to sustainable resource recovery and exploration.

What is the significance of the VTEM survey in this discovery?

The VTEM survey was crucial in identifying the high-conductivity geophysical anomaly, which is typical of buried sulfide-rich VMS environments, marking it as a high-priority target for future exploration.