Categories Mining Stocks

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Marks Key Step Defining Montauban’s Full Scale with 70 Km2 District-Scale ANT Survey, and Closes C$7.2 Million Offering

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 kmdistrict-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 kmand 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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

MiningNewsWire
Austin, Texas
www.MiningNewsWire.com
512.354.7000 Office
Editor@MiningNewsWire.com

MiningNewsWire is powered by IBN

Lacey@MNW

Share
Published by
Lacey@MNW

Recent Posts

CMX Gold & Silver Corp. (CSE: CXC) (OTC: CXXMF) Cognizant of Derivatives and Its Impact on Gold and Silver Prices; Adopts Semi-Annual Financial Reporting

Disseminated on behalf of CMX Gold & Silver Corp. (CSE: CXC) (OTC: CXXMF) and may include paid…

23 hours ago

Mining News Select Australia 2026 Illuminates the Global Mining Community

Date: June 16–17, 2026Venue: Crown Perth, Australia Investors, mining executives, and industry professionals are invited…

1 day ago

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Takes Proactive Step to Enhance Orderly Share Trading and Long-Term Shareholder Value

Disseminated on behalf of ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) and may include paid advertising. ESGold Corp.,…

4 days ago

Gold Rebounds on Hopes of a Ceasefire in the Middle East

The start of this week saw gold recover from earlier losses as growing optimism over…

4 days ago

Future of Mining Australia 2026 – Shaping the Next Era of Mining

Date:  June 16-17, 2026 Venue:  Crown Perth, Australia Future of Mining Australia 2026 will bring…

4 days ago

Copper Prices Pull Back Amid Geopolitical Tensions

Copper prices have retreated from recent peaks on the London Metal Exchange as investors respond to growing…

5 days ago