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Canstar Consolidates Mary March Land Position with Strategic Eagleridge Option
TMX Newsfile· 2026-02-19 12:00
Toronto, Ontario--(Newsfile Corp. - February 19, 2026) - Canstar Resources Inc. (TSXV: ROX) (OTCID: CSRNF) ("Canstar" or the "Company") has entered into an option agreement dated January 16, 2026 (the "Option Agreement") with Eagleridge International Limited (the "Optionor") to acquire a 100% undivided interest in mineral licence 006894M (17 claims) located adjacent to the Company's Mary March Project in central Newfoundland (the "Eagleridge Claims").The Eagleridge Claims directly adjoin Mary March at Beot ...
AI Enhanced 3D Model Defines a Potential District Scale Gold and Silver System at ESGold's Montauban Project
Accessnewswire· 2025-11-13 14:40
Core Insights - The AI-enhanced 3D geological model indicates that ESGold's Montauban Project may represent a significant gold, silver, and base metal district rather than just a reclamation or redevelopment site [1][7] Company Update - ESGold Corp. has announced the partial completion of a comprehensive 3D geological model for its Montauban Gold-Silver Project in Québec [2] - The model integrates over 50 years of geological data, drilling records, and mine plans into a modern representation [3] Geological Highlights - The model reveals multiple gold- and silver-rich sulphide horizons that extend beyond historical mine workings, aligned with regional fault structures [5] - Montauban is suggested to be the central node of a broader polymetallic corridor, indicating potential for additional mineralized zones [6] Project Development - Montauban is fully permitted with construction of the mill building complete and processing circuit procurement underway, positioning ESGold for near-term production [6] - The company is advancing a self-funded discovery model, leveraging cash flow from tailings reprocessing to finance exploration [10] Exploration Strategy - ESGold plans to expand its existing ANT passive seismic program to map deeper structures and potential feeder systems [10] - A systematic exploration and drilling program will be developed, including step-out and infill drilling near the deposit [10] Investment Implications - The new 3D model establishes a foundation for multi-year exploration across a structurally controlled corridor that remains largely underexplored [7] - ESGold offers a combination of near-term cash flow, low capital risk, and large-scale discovery potential in a stable mining jurisdiction [8]