ESGold Corp. Reports Large-Scale Geophysical Anomaly in Southwest Zone of Montauban Project
ESGold Corp. (ESAUF) has announced the discovery of a significant geophysical anomaly in the southwestern portion of its Montauban Project, following a review of 2015 VTEM survey data and historic drill database. The company's expanded land position now encompasses 255 mining claims totaling 13,116 hectares, making it the largest claim package in the Montauban region.
The southwest target features a broad conductivity high coinciding with a strong magnetic anomaly, potentially indicating a buried sulfide-rich VMS environment. The company is developing its first-ever comprehensive 3D geological model, integrating VTEM data, historical drillholes, and upcoming ANT survey data that can image depths up to 800 meters.
While ESGold continues its path toward near-term production through tailings reprocessing, expected by year-end 2025, the company's upcoming initiatives include: releasing the 3D Geological Model in May, interpreting ANT Survey results, implementing exploration strategy, updating PEA with current metals pricing, and continuing construction activities.
ESGold Corp. (ESAUF) ha annunciato la scoperta di un'importante anomalia geofisica nella parte sudoccidentale del suo Progetto Montauban, a seguito della revisione dei dati del sondaggio VTEM del 2015 e del database storico di perforazioni. La posizione ampliata dell'azienda ora comprende 255 concessioni minerarie per un totale di 13.116 ettari, rendendola il pacchetto di concessioni più grande nella regione di Montauban.
Il target sudoccidentale presenta un'ampia zona ad alta conduttività che coincide con una forte anomalia magnetica, potenzialmente indicativa di un ambiente VMS ricco di solfuri sepolti. L'azienda sta sviluppando il suo primo modello geologico 3D completo, integrando i dati VTEM, i fori di perforazione storici e i dati del prossimo sondaggio ANT, in grado di esplorare fino a 800 metri di profondità.
Mentre ESGold prosegue verso una produzione a breve termine attraverso il ritrattamento dei residui minerari, previsto entro la fine del 2025, le iniziative future dell'azienda includono: il rilascio del Modello Geologico 3D a maggio, l'interpretazione dei risultati del sondaggio ANT, l'implementazione della strategia di esplorazione, l'aggiornamento dello studio PEA con i prezzi attuali dei metalli e la continuazione delle attività di costruzione.
ESGold Corp. (ESAUF) ha anunciado el descubrimiento de una anomalía geofísica significativa en la porción suroeste de su Proyecto Montauban, tras revisar los datos de la encuesta VTEM de 2015 y la base de datos histórica de perforaciones. La posición territorial ampliada de la empresa ahora abarca 255 concesiones mineras que suman 13,116 hectáreas, convirtiéndola en el paquete de concesiones más grande de la región de Montauban.
El objetivo suroeste presenta una amplia alta conductividad que coincide con una fuerte anomalía magnética, lo que podría indicar un entorno VMS rico en sulfuros enterrados. La empresa está desarrollando su primer modelo geológico 3D integral, integrando datos VTEM, perforaciones históricas y los próximos datos de la encuesta ANT, que pueden explorar hasta 800 metros de profundidad.
Mientras ESGold continúa su camino hacia la producción a corto plazo mediante el reprocesamiento de relaves, previsto para finales de 2025, las próximas iniciativas de la empresa incluyen: la publicación del Modelo Geológico 3D en mayo, la interpretación de los resultados de la encuesta ANT, la implementación de la estrategia de exploración, la actualización del estudio PEA con los precios actuales de los metales y la continuación de las actividades de construcción.
ESGold Corp. (ESAUF)는 2015년 VTEM 조사 데이터와 과거 시추 데이터베이스 검토를 통해 Montauban 프로젝트 남서부 지역에서 중요한 지구물리학적 이상 신호를 발견했다고 발표했습니다. 회사가 확장한 토지 보유 지역은 총 13,116헥타르에 이르는 255개의 광산 채굴권을 포함하며, 몬토번 지역에서 가장 큰 채굴권 패키지입니다.
남서부 목표 지점은 강한 자기 이상과 일치하는 넓은 전도도 고지대를 특징으로 하며, 이는 매장된 황화물 함유 VMS 환경을 나타낼 가능성이 있습니다. 회사는 VTEM 데이터, 과거 시추공, 그리고 최대 800미터 깊이까지 탐사가 가능한 곧 진행될 ANT 조사 데이터를 통합한 최초의 종합 3D 지질 모델을 개발 중입니다.
ESGold는 2025년 말까지 예상되는 광미 재처리를 통한 단기 생산을 목표로 하는 한편, 앞으로의 계획으로는 5월 3D 지질 모델 공개, ANT 조사 결과 해석, 탐사 전략 실행, 현재 금속 가격을 반영한 PEA 업데이트, 건설 활동 지속 등이 포함됩니다.
ESGold Corp. (ESAUF) a annoncé la découverte d'une anomalie géophysique significative dans la partie sud-ouest de son projet Montauban, suite à l'examen des données de l'enquête VTEM de 2015 et de la base de données historique des forages. La position foncière élargie de la société comprend désormais 255 concessions minières totalisant 13 116 hectares, ce qui en fait le plus grand ensemble de concessions de la région de Montauban.
La cible sud-ouest présente une large zone de conductivité élevée coïncidant avec une forte anomalie magnétique, indiquant potentiellement un environnement VMS riche en sulfures enfouis. La société développe son tout premier modèle géologique 3D complet, intégrant les données VTEM, les forages historiques et les prochaines données de l'enquête ANT, capables d'explorer jusqu'à 800 mètres de profondeur.
Alors qu'ESGold poursuit sa voie vers une production à court terme via le retraitement des résidus miniers, prévue d'ici la fin 2025, les initiatives à venir de la société incluent : la publication du modèle géologique 3D en mai, l'interprétation des résultats de l'enquête ANT, la mise en œuvre de la stratégie d'exploration, la mise à jour de l'étude PEA avec les prix actuels des métaux, ainsi que la poursuite des travaux de construction.
ESGold Corp. (ESAUF) hat die Entdeckung einer bedeutenden geophysikalischen Anomalie im südwestlichen Bereich seines Montauban-Projekts bekannt gegeben, basierend auf der Überprüfung der VTEM-Daten von 2015 und der historischen Bohrdatenbank. Die erweiterte Landposition des Unternehmens umfasst nun 255 Bergbaurechte mit insgesamt 13.116 Hektar und ist damit das größte Anspruchspaket in der Montauban-Region.
Das Ziel im Südwesten weist ein weites Gebiet mit hoher Leitfähigkeit auf, das mit einer starken magnetischen Anomalie zusammenfällt und möglicherweise auf eine unterirdische sulfidreiche VMS-Umgebung hinweist. Das Unternehmen entwickelt sein erstes umfassendes 3D-geologisches Modell, das VTEM-Daten, historische Bohrlöcher und kommende ANT-Vermessungsdaten integriert, die Tiefen von bis zu 800 Metern abbilden können.
Während ESGold seinen Weg zur kurzfristigen Produktion durch die Wiederaufbereitung von Rückständen bis Ende 2025 fortsetzt, umfassen die bevorstehenden Initiativen des Unternehmens: die Veröffentlichung des 3D-geologischen Modells im Mai, die Interpretation der ANT-Vermessungsergebnisse, die Umsetzung der Explorationsstrategie, die Aktualisierung der PEA mit aktuellen Metallpreisen sowie die Fortsetzung der Bauarbeiten.
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Initial interpretation of VTEM and drill data reveals significant southwest anomaly; 3D modeling and expanded ANT survey to follow
Vancouver, British Columbia--(Newsfile Corp. - April 24, 2025) - ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D) ("ESGold" or the "Company") is pleased to announce the completion of an internal review of its 2015 VTEM survey data and historic drill database, which confirms the presence of a large-scale geophysical anomaly in the southwestern portion of the Montauban Project. This zone, which has not been drill tested, is considered by ESGold's technical team to be a high-priority target for future exploration.
Figure 1. VTEM conductivity (bfz30 EM) map at 18.75m resolution showing a major high-conductivity anomaly in the southwest zone, now fully enclosed within ESGold's claim package.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4999/249668_913bcf75e4fec909_002full.jpg
The southwest target is defined by a broad, laterally continuous conductivity high (bfz30 EM) coinciding with a strong magnetic anomaly (TMI) — a dual geophysical signature commonly associated with buried sulfide-rich VMS environments. Independent internal interpretation suggests that this zone may be deeper, structurally complex, and potentially larger than the historically mined lens to the northeast.
To contextualize the opportunity, it's important to note that since the original VTEM survey was flown in 2015, ESGold has strategically expanded its land position and now holds 255 mining claims totaling approximately 13,116 hectares — the largest claim package in the Montauban region. This expansion was specifically designed to encompass high-priority anomalies identified in the survey. Given that VMS systems are known to occur in clusters, ESGold's expanded land package now positions the Company to fully capture the district-scale discovery potential that the geophysical data suggests. The original VTEM survey was flown From December 6, 2014 to January 13, 2015, and was included in an NI 43-101 Report commissioned and filed by the Company in February 2022 (JPL Geoservices).
Figure 2. Updated geological map of the Montauban Project showing ESGold's expanded 255-claim property, now encompassing 13,116 hectares, with historic drill collar locations and geologic context.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4999/249668_913bcf75e4fec909_003full.jpg
Unlocking Future Potential at Montauban
Historically, Montauban has been viewed as a single-deposit system. However, based on the interpretation of geophysical data from the 2015 VTEM survey, ESGold believes the project may be situated within a broader, potentially stacked or clustered VMS environment. While this concept is supported by the scale and distribution of conductivity and magnetic anomalies identified in the survey, further exploration and drilling will be required to validate the presence of additional mineralized systems
To validate this potential, ESGold is currently finalizing a comprehensive 3D geological model — the first in the project's 110-year history. This model will integrate:
- 2015 VTEM and TMI data
- Over 950 historical drillholes and 18,000+ Au, Ag, and Zn assays
- Structural interpretation from geophysical and geological mapping
- Upcoming ANT (Ambient Noise Tomography) survey data
The ongoing ANT survey — which has been tested to 800 meters in imaging depth — will play a critical role in determining the true scale and continuity of the southwestern anomaly. Once the initial 3D model is released, ESGold plans to expand the ANT program to cover a broader section of the property, targeting additional zones of interest revealed by the new model.
A Strategic Shift in Scope
The Company continues advancing toward near-term production through tailings reprocessing at Montauban, this new anomaly marks a potential inflection point — one that could redefine the company as a district-scale discovery story.
"The southwest anomaly represents a technically interesting and previously untested zone at Montauban," said Brad Kitchen, President of ESGold Corp. "While our primary focus remains on advancing toward near-term production, the evolving geophysical model and recent land expansion are beginning to reveal a much broader opportunity. With a growing dataset, disciplined exploration approach, and a pathway to self-funded discovery, ESGold is well positioned to pursue both production and the longer-term potential of the Montauban system"
What's Next for ESGold
- 3D Geological Model Release - Targeted for May, incorporating all historic and modern data
- ANT Survey Interpretation - To define structure and depth of anomaly; results to guide future drill targeting
- Exploration Strategy Deployment - Post-model follow-up including expanded ANT coverage and staged drill program as production begins
- Updated PEA Release - To reflect current metals pricing and new near-surface potential
- Continued Construction - Montauban production remains on track for year-end 2025, supported by recent financing
Qualified Person Statement
The technical information in this news release has been reviewed and approved by John Langton, M.Sc., P. Geo., an independent Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
About ESGold Corp.
ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D) is a fully permitted, pre-production resource company at the forefront of clean mining and exploration innovation. With proven expertise in Quebec, the Company is advancing its projects toward production and feasibility while delivering long-term value through sustainable resource recovery and exploration. ESGold's flagship Montauban property, located 80 kilometers west of Quebec City, serves as a model for responsible mining practices, combining near-term production with district-scale discovery potential.
For more information, please contact ESGold Corp. at +1-888-370-1059 or visit esgold.com for additional resources, including a French version of this press release, past news releases, a 3D model of the Montauban processing plant, media interviews, and opinion-editorial pieces.
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On behalf of the Board of Directors
ESGold Corp.
"Brad Kitchen"
President & Director
info@esgold.com
+1-888-370-1059
Forward-Looking Statements:
This news release includes forward-looking statements within the meaning of applicable securities laws. These statements are based on assumptions and expectations that involve a number of known and unknown risks and uncertainties. Actual results could differ materially. Forward-looking information includes statements regarding the expected use of proceeds, the development and construction timelines of the Montauban Project, future production, and anticipated project milestones. Investors are cautioned not to place undue reliance on these forward-looking statements. All forward-looking information contained in this release is qualified by these cautionary statements.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/249668
FAQ
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