Disseminated on behalf of ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) and may include paid advertising.
- ESGold Corp., a development-stage company committed to the acquisition, exploration, and development of high-quality mineral properties, recently announced launch of a 70 km2 district-scale ANT survey at its flagship Montauban Gold-Silver Project in Québec
- This marks the second phase of the survey, with the initial one having covered 10 km2, completed in 2025
- The expanded program is to confirm whether the interpreted structural corridor continues along strike, and marks a pivotal stage for the company in understanding the broader geological framework of Montauban
- ESGold also closed its recent LIFE Offering, raising gross proceeds of C$7.2 million
ESGold (CSE: ESAU) (OTCQB: ESAUF), a development-stage company committed to acquiring, exploring, and developing high-quality mineral properties worldwide, announced the launch of a 70 square kilometers district-scale Ambient Noise Topography (“ANT”) survey at its flagship Montauban Gold-Silver Project in Québec. It represents the second phase of a survey, which originally covered only 10 km2 and was completed in 2025. Results from this initial survey formed the basis of ESGold’s integrated 3D geological model, which has been integral in highlighting Montauban’s full potential (https://ibn.fm/iCgW4).
“This next phase marks an important step in defining the full scale of Montauban,” noted Gordon Robb, ESGold’s CEO.
“Our initial ANT survey and integrated 3D model revealed a deep and expanding mineralized corridor extending to approximately 900 meters and over at least two kilometers of strike. The expanded 70 square kilometer program is seven times larger than our initial survey and represents the most comprehensive geophysical assessment ever conducted across the Montauban district,” he added (https://ibn.fm/iCgW4).
This expanded survey program looks to confirm whether the interpreted structural corridor continues along strike. It is also designed to assess the potential for additional mineralized lenses within the broader framework. It will deliver high-resolution, three-dimensional subsurface imaging across a significant portion of the company’s newly consolidated land package. It will also help define high-priority drill targets for future exploration, while further assessing the size, shape, and continuity of mineralized anomalies.
“For the first time in the project’s history, this land package has been consolidated under one operator and is being evaluated using modern, deep-penetrating geophysical tools,” Robb noted. “We believe we are at a pivotal stage in understanding the broader geological framework of Montauban,” he concluded (https://ibn.fm/iCgW4).
The company also recently announced the closing of its brokered LIFE offering, raising gross proceeds of C$7.2 million. The offering involved the sale of 10,683,000 units of the company at C$0.68 per unit, with Red Cloud Securities Inc. acting as the sole agent and bookrunner. ESGold intends to direct the net proceeds from the offering to the advancement of its Montauban project, as well as general working capital and corporate purposes.
For company information, visit the company’s website at www.ESGold.com.
NOTE TO INVESTORS: The latest news and updates relating to ESAUF are available in the company’s newsroom at https://ibn.fm/ESAUF
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