ESGold Unlocks District-Scale Discovery Potential at Montauban with Geological Structures Extending to 1,200m

Core Insights - ESGold Corp. has announced significant findings from its Ambient Noise Tomography (ANT) survey at the Montauban Gold-Silver Project, revealing a vertically continuous mineral system extending to 1,200 meters, which redefines the exploration model for the site [1][2][8] - The survey suggests that Montauban may represent a district-scale Volcanogenic Massive Sulphide (VMS) environment, indicating potential for multiple mineralized lenses rather than a singular deposit [2][5][11] Geological Findings - The ANT survey, originally intended to map structures to 400 meters, successfully imaged to depths of 1,200 meters, uncovering a complex geological system [2][5] - The results indicate a strong contrast between high-velocity basement rocks in the north and structurally complex southern domains, presenting multiple potential discovery targets [5][10] - The survey integrated over 950 historic drill holes and 2015 VTEM survey data, contributing to an advanced 3D geological model [5][8] Historical Context - Montauban has a history of shallow, high-grade production with over 2.6 million short tons mined, but its deeper potential has remained largely unexplored until now [6][15] - The region has seen minimal modern exploration, with most geological data derived from tailings and shallow boreholes, limiting understanding of the mineralization extent [13][20] Strategic Implications - ESGold is positioned to capitalize on both operational and geological momentum, with permits secured and infrastructure installation underway [18][24] - The dual-track strategy of cash flow from tailings reprocessing alongside modern exploration efforts is expected to drive long-term growth for the company [11][18]