ESGold Harnesses Cutting-edge Exploration Technology to Define Full Scale of the Montauban Deposit

In This Article:

First-of-its-Kind Exploration: Leveraging Breakthrough Technology to Uncover Montauban's Full Scale While Honing High-Priority Drill Targets

Vancouver, British Columbia--(Newsfile Corp. - December 12, 2024) - ESGold Corp. (CSE: ESAU) (OTC Pink: SEKZF) (FSE: Z7D) ("ESGold" or "the Company"), proudly announces the launch of an ambitious exploration initiative using cutting-edge Ambient Noise Tomography ("ANT") technology by CAUR Technologies of Montréal, Quebec. This initiative will enable ESGold to develop a comprehensive 3D model of the Montauban deposit, identify high-priority drill targets, and determine the full scale and depth of the deposit using technology capable of identifying mineralization at depths of up to 3 kilometers.

Exploration Initiative Highlights

  1. First-Ever Systematic Exploration: For the first time, the fully consolidated Montauban land package is systematically explored to uncover its full mineral potential.

  2. High-Value Drill Targeting: ANT technology prioritizes high-value mineral zones, streamlining efforts and reducing costs.

  3. Comprehensive 3D Modeling: Advanced 3D models reveal subsurface structures, defining the scale and depth of the Montauban deposit for optimal development.

Significance of the Montauban Project and VMS Deposits
Montauban has never been systematically explored in its 110-year history until now. As one of Quebec's prolific volcanogenic massive sulfide (VMS) districts, Montauban's geology holds significant potential. Situated in Quebec's highly mineralized region, this expansive 13,166-hectare land claim is rich in gold, silver, and base metals, with historical production exceeding $1.4 billion in value. VMS deposits are renowned for their richness and scale, with some of Quebec's largest deposits extending to impressive depths and hosting world-class mineral resources.

Brad Kitchen, President of ESGold, commented:
"By leveraging the transformative capabilities of Ambient Noise Tomography, we are poised to uncover the untapped potential of this deposit. This advanced technology allows us to efficiently model the deposit in unprecedented detail, prioritize exploration targets, and solidify Montauban's place among Quebec's premier VMS districts. ESGold remains committed to innovation, not only in clean mining but also in redefining exploration standards to maximize shareholder value. This initiative brings us one step closer to defining just how large the Montauban deposit truly is."

Key Features of ANT Technology
ESGold's adoption of Ambient Noise Tomography represents a groundbreaking shift in exploration methodology: