ESGold Corp. 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 results 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, unexpectedly mapped features extending over 1,200 meters deep, revealing previously unknown subsurface characteristics. These findings suggest the presence of a vertically continuous mineral system that bears resemblance to known Volcanogenic Massive Sulphide and Broken Hill-type mineral camps, indicating that Montauban may host multiple deposits rather than a single mineralized zone.
The ANT survey results have provided ESGold with a substantially clearer structural model for targeting deeper, stacked, and potentially repeating mineralized lenses. This represents the first application of modern deep geophysical techniques to the Montauban site since its early 20th-century production period, marking a significant advancement in the company's exploration methodology. The identification of both high- and low-velocity zones within the survey data has dramatically expanded the exploration roadmap, offering numerous new targets for gold and silver exploration that were previously undetectable using conventional methods.
ESGold is currently preparing to implement its revenue-generation strategy, which includes tailings cleanup operations and a comprehensive mineral reuse plan at the Montauban site. The company's long-term vision focuses on systematically 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 site encompasses 13,116 hectares (approximately 32,410 acres), providing extensive opportunities for resource development and future mining operations. The successful application of Ambient Noise Tomography technology at such depths represents a technological breakthrough for mineral exploration in historic mining districts, potentially setting a new standard for how companies approach brownfield exploration projects.
Curated from InvestorBrandNetwork (IBN)
