ESGold's Deep Geophysical Survey Reveals Extensive Mineral System at Historic Montauban Mine
TL;DR
ESGold's ANT survey reveals potential for significant metals discovery at Montauban, offering investors a unique advantage in early-stage resource development.
The ANT survey at Montauban mapped subsurface structures to 1,200m, identifying a vertically continuous mineral system for targeted exploration.
ESGold's cleanup and mineral reuse plan at Montauban not only explores for gold and silver but also addresses environmental restoration, benefiting future generations.
Discovering a vertically continuous mineral system at Montauban, ESGold's survey could rewrite the site's history, revealing untapped wealth beneath the surface.
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ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) has announced significant findings from its Ambient Noise Tomography survey conducted at the historic Montauban gold and silver mine site in Quebec. The survey, which was initially designed to image geological structures down to 400 meters depth, unexpectedly mapped features extending over 1,200 meters deep, revealing previously unknown subsurface characteristics. These results indicate the presence of a vertically continuous mineral system that shows similarities to established Volcanogenic Massive Sulphide and Broken Hill-type mining camps, suggesting Montauban may contain multiple deposits rather than a single mineralized zone.
The advanced geophysical data has provided ESGold with a refined structural model that will guide future exploration targeting deeper, stacked, and potentially repeating mineralized lenses. This represents the first application of modern deep geophysical techniques to the Montauban site since its original production period in the early 20th century, marking a substantial advancement in the company's systematic exploration approach. The identification of both high- and low-velocity zones within the survey data has significantly expanded the exploration framework, creating new priority targets for gold and silver resource development.
ESGold is currently preparing to implement its revenue-generation strategy that includes tailings cleanup operations and a mineral reuse plan at the Montauban site. The company's long-term vision centers on fully exploring the site's gold and silver potential, with the recent survey results highlighting the substantial untapped resources that may exist beneath the surface. The Montauban mine property encompasses 13,116 hectares (approximately 32,410 acres), providing extensive territory for future resource development and exploration activities. These findings position ESGold to potentially redefine the mineral potential of this historic mining district through targeted exploration based on the newly acquired deep structural data.
Curated from InvestorBrandNetwork (IBN)
