- ESGold Corp.'s (ESAUF, Financial) recent ANT survey at Montauban revealed geological structures extending to 1,200 meters, surpassing the anticipated 400 meters.
- The survey suggests a district-scale Volcanogenic Massive Sulphide (VMS) system, with potential for significant expansion.
- Historical production at the Montauban site exceeded 2.6 million short tons of gold, silver, lead, and zinc.
ESGold Corp. (OTCQB: ESAUF) has announced groundbreaking findings from its Ambient Noise Tomography (ANT) survey conducted at the Montauban Gold-Silver Project in Quebec. The survey revealed deep-seated geological structures extending to a depth of 1,200 meters, far exceeding the expected 400-meter depth. This suggests the presence of a potential district-scale Volcanogenic Massive Sulphide (VMS) system.
The survey, employing 105 triaxial sensors over a 10 km² area for 49 days, highlighted multiple mineralized zones and structural features that are comparable to world-class VMS deposits. Historically, the project has produced over 2.6 million short tons of gold, silver, lead, and zinc, indicating proven mineralization and significant potential for expansion with the newly identified geological structures.
Gordon Robb, CEO of ESGold, emphasized the transformative nature of these findings: "Montauban is no longer just a development story—it's a discovery story in the making. The continuity, depth, and scale of the structures suggest that the original mine was just the tip of the iceberg. As we build toward production from the tailings, we're simultaneously unlocking the blue-sky potential beneath."
ESGold's dual-track strategy includes both tailings reprocessing and new exploration discoveries, making the Montauban project a unique asset with the potential to replicate significant global VMS systems like those found in Sweden. With full permits and infrastructure installation underway, ESGold is positioned to leverage its operational and geological momentum for long-term growth and value generation.
