ESGold Corp. has uncovered a promising exploration opportunity at its Montauban Project in Quebec, identifying a substantial untested geophysical anomaly that could represent a significant mineral deposit. The discovery emerged from a comprehensive review of the company's 2015 VTEM survey and historical drill data. The newly identified zone, located in the southwestern portion of the project area, exhibits a strong conductive and magnetic signature characteristic of buried sulfide-rich Volcanogenic Massive Sulfide (VMS) environments.
This anomaly is situated within ESGold's expanded 255-claim package, which now encompasses 13,116 hectares. The company is currently developing its first comprehensive 3D geological model of the project. This model will integrate multiple data sources, including VTEM and Total Magnetic Intensity (TMI) data, information from over 950 historical drillholes, and upcoming Automated Neural Technology (ANT) survey results. This integrated approach will provide critical guidance for future drilling strategies.
While ESGold continues to advance toward near-term production through tailings reprocessing, the discovery of this southwest anomaly represents a strategic shift. The potential for a district-scale mineral discovery adds significant value to the company's exploration efforts in the region. The Montauban Project, located 80 kilometers west of Quebec City, serves as a model for the company's commitment to responsible mining practices.
By balancing near-term production goals with extensive exploration potential, ESGold demonstrates a forward-thinking approach to resource development. Geologists and industry experts recognize VMS deposits as important sources of copper, zinc, lead, gold, and silver. The undrilled nature of this anomaly suggests substantial potential for mineral resource discovery, making it a high-priority target for ESGold's exploration team. The company's comprehensive data integration strategy positions this discovery as a significant advancement in the project's exploration timeline.
