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

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ESGold announces a groundbreaking exploration initiative at the Montauban deposit using Ambient Noise Tomography (ANT) technology by CAUR Technologies. This marks the first systematic exploration of the 13,166-hectare site, aiming to develop a comprehensive 3D model of the deposit and identify high-priority drill targets. ANT technology will map geological structures at depths up to 3 kilometers, offering cost-effective and sustainable exploration. Montauban, rich in gold, silver, and base metals, has historical production exceeding $1.4 billion. The project highlights include deep imaging capabilities, rapid assessment, and low environmental impact. ESGold's President, Brad Kitchen, emphasized the potential to redefine exploration standards and maximize shareholder value. The initiative aligns with ESGold's commitment to innovation and sustainability. Additionally, at the recent Annual General Meeting, 99.96% of shareholders supported management's proposals, reinforcing confidence in ESGold's strategic direction.

ESGold annuncia un'iniziativa di esplorazione innovativa presso il giacimento di Montauban utilizzando la tecnologia di Tomografia del Rumore Ambientale (ANT) della CAUR Technologies. Questo segna la prima esplorazione sistematica del sito di 13.166 ettari, con l'obiettivo di sviluppare un modello 3D completo del giacimento e identificare i target di perforazione prioritari. La tecnologia ANT mapperà le strutture geologiche a profondità fino a 3 chilometri, offrendo un'esplorazione sostenibile e a costi contenuti. Montauban, ricco di oro, argento e metalli di base, ha una produzione storica che supera i 1,4 miliardi di dollari. Tra i punti salienti del progetto ci sono le capacità di imaging profondo, valutazione rapida e basso impatto ambientale. Il presidente di ESGold, Brad Kitchen, ha sottolineato il potenziale di ridefinire gli standard di esplorazione e massimizzare il valore per gli azionisti. L'iniziativa è in linea con l'impegno di ESGold per l'innovazione e la sostenibilità. Inoltre, nell'ultima Assemblea Generale Annuale, il 99,96% degli azionisti ha sostenuto le proposte della direzione, rafforzando la fiducia nella direzione strategica di ESGold.

ESGold anuncia una iniciativa de exploración innovadora en el yacimiento de Montauban utilizando la tecnología de Tomografía del Ruido Ambiental (ANT) de CAUR Technologies. Esta marca la primera exploración sistemática del sitio de 13.166 hectáreas, con el objetivo de desarrollar un modelo 3D completo del yacimiento e identificar objetivos de perforación prioritarios. La tecnología ANT cartografiará estructuras geológicas a profundidades de hasta 3 kilómetros, ofreciendo una exploración rentable y sostenible. Montauban, rico en oro, plata y metales básicos, tiene una producción histórica que supera los 1.4 mil millones de dólares. Los puntos destacados del proyecto incluyen capacidades de imagen profunda, evaluación rápida y bajo impacto ambiental. El presidente de ESGold, Brad Kitchen, enfatizó el potencial de redefinir los estándares de exploración y maximizar el valor para los accionistas. La iniciativa está alineada con el compromiso de ESGold con la innovación y la sostenibilidad. Además, en la reciente Junta General Anual, el 99.96% de los accionistas apoyó las propuestas de la dirección, reforzando la confianza en la dirección estratégica de ESGold.

ESGold는 CAUR Technologies의 주변 소음 탐사(ANT) 기술을 사용하여 Montauban 광산에서 혁신적인 탐사 이니셔티브를 발표했습니다. 이는 13,166헥타르 규모의 사이트에 대한 첫 번째 체계적인 탐사를 의미하며, 광산의 종합적인 3D 모델을 개발하고 우선 드릴 목표를 식별하는 것을 목표로 합니다. ANT 기술은 최대 3킬로미터 깊이에서 지질 구조를 매핑하여 비용 효율적이고 지속 가능한 탐사를 제공합니다. 금, 은 및 기초 금속이 풍부한 Montauban은 역사적으로 14억 달러 이상의 생산량을 기록했습니다. 프로젝트의 주요 하이라이트는 깊은 이미징 능력, 신속한 평가 및 낮은 환경 영향입니다. ESGold의 회장인 브래드 키친(Brad Kitchen)은 탐사 기준을 재정립하고 주주 가치를 극대화할 수 있는 잠재력을 강조했습니다. 이 이니셔티브는 ESGold의 혁신 및 지속 가능성에 대한 약속과 일치합니다. 또한 최근 열린 연례 총회에서는 99.96%의 주주가 경영진의 제안에 찬성하여 ESGold의 전략적 방향에 대한 신뢰를 강화했습니다.

ESGold annonce une initiative d'exploration révolutionnaire au gisement de Montauban utilisant la technologie de Tomographie par Bruit Ambiant (ANT) de CAUR Technologies. Cela marque la première exploration systématique du site de 13 166 hectares, visant à développer un modèle 3D complet du gisement et à identifier des cibles de forage prioritaires. La technologie ANT va cartographier les structures géologiques jusqu'à des profondeurs pouvant atteindre 3 kilomètres, offrant une exploration rentable et durable. Montauban, riche en or, en argent et en métaux de base, a une production historique dépassant 1,4 milliard de dollars. Les points forts du projet comprennent des capacités d'imagerie en profondeur, une évaluation rapide et un faible impact environnemental. Le président d'ESGold, Brad Kitchen, a souligné le potentiel de redéfinir les normes d'exploration et de maximiser la valeur pour les actionnaires. L'initiative s'inscrit dans l'engagement d'ESGold en faveur de l'innovation et de la durabilité. De plus, lors de la récente Assemblée Générale Annuelle, 99,96 % des actionnaires ont soutenu les propositions de la direction, renforçant ainsi la confiance dans la direction stratégique d'ESGold.

ESGold kündigt eine bahnbrechende Erkundungsinitiative im Montauban-Vorkommen an, die die Umgebungsgeräuschetomographie (ANT)-Technologie von CAUR Technologies nutzt. Dies markiert die erste systematische Erkundung des 13.166 Hektar großen Standorts, mit dem Ziel, ein umfassendes 3D-Modell des Vorkommens zu entwickeln und priorisierte Bohrziele zu identifizieren. Die ANT-Technologie wird geologische Strukturen in Tiefen von bis zu 3 Kilometern kartieren und damit kosteneffiziente und nachhaltige Erkundung bieten. Montauban, reich an Gold, Silber und Basismetallen, hat eine historische Produktion von über 1,4 Milliarden US-Dollar. Zu den Höhepunkten des Projekts gehören tiefes Imaging, schnelle Bewertungen und geringe Umweltbelastung. Der Präsident von ESGold, Brad Kitchen, betonte das Potenzial, die Erkundungsstandards neu zu definieren und den Wert für die Aktionäre zu maximieren. Die Initiative steht im Einklang mit ESGolds Engagement für Innovation und Nachhaltigkeit. Darüber hinaus unterstützten bei der jüngsten Jahreshauptversammlung 99,96 % der Aktionäre die Vorschläge des Managements und stärkten das Vertrauen in die strategische Ausrichtung von ESGold.

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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:

  • Deep Imaging Capabilities: Enables precise mapping of geological structures and mineral deposits at depths of 100 meters to 3 kilometers.
  • 3D Data Modeling: Combines gravity and ambient noise data through multiphysics inversions for detailed subsurface visualization.
  • Cost-Effective and Sustainable: Offers superior cost efficiency and low environmental impact compared to traditional geophysical methods.
  • Rapid Assessment: Ideal for large-scale surveys, ANT accelerates data acquisition and analysis while prioritizing environmental sustainability.

CAUR Technologies, a leader in ambient noise tomography and artificial intelligence, is partnering with ESGold to execute this initiative. Their proprietary sensors and AI-driven data management platform will deliver actionable insights, enabling the Company to refine its exploration strategy and prioritize high-value drill targets.

AGM Results
ESGold Inc. is pleased to report that its Annual General Meeting (AGM) showcased exceptional shareholder support, with 99.96% of votes cast in favor of management's initiatives and proposals.

"This overwhelming endorsement is a resounding vote of confidence in our Board of Directors and management team," said Paul Mastantuono, CEO of ESGold. "Our new initiatives are designed to transform ESGold into a leading environmentally sustainable profit generator. With this strong backing, we are focused on exploring key funding initiatives and strategic partnerships to unlock the full potential of Montauban, all while minimizing dilution and maximizing value for shareholders."

The company remains committed to its vision of sustainable growth and delivering long-term value to its investors.

About ESGold Corp.
ESGold Corp. (CSE: ESAU) (OTC Pink: SEKZF) (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 exploration potential.

For more information, please contact ESGold Corp. at +1-888-673-1231 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. Stay connected by following us on X (formerly Twitter), LinkedIn, and joining our Telegram channel.

About CAUR Technologies
CAUR Technologies is a leader in advanced geophysical solutions, specializing in ambient noise tomography, IoT-enabled sensors, and AI-driven data analysis. Their cutting-edge technology provides detailed 3D subsurface mapping, enabling efficient and sustainable mineral exploration. With a commitment to innovation and environmental stewardship, CAUR Technologies is transforming the future of exploration.

For more information, visit caurtech.com.

On behalf of the Board of Directors,
ESGold Corp.
"Brad Kitchen"
President, Director
Tel: +1-888-673-1231
Email: info@esgold.com

This press release contains "forward-looking information" that is based on the Company's current expectations, estimates, forecasts, and projections. This forward-looking information includes, among other things, statements with respect to the completion of the Company's Offering and exploration and development plans. The words "will", "anticipated", "plans" or other similar words and phrases are intended to identify forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward looking information.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accept 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/233473

FAQ

What is the significance of ESGold's use of Ambient Noise Tomography (ANT) technology?

ESGold's use of ANT technology allows for precise mapping of geological structures at depths up to 3 kilometers, creating detailed 3D models and identifying high-priority drill targets, which enhances exploration efficiency and reduces costs.

How will the ANT technology impact the exploration of the Montauban deposit?

ANT technology will enable ESGold to develop a comprehensive 3D model of the Montauban deposit, identify high-value mineral zones, and determine the full scale and depth of the deposit, significantly improving exploration outcomes.

What are the key features of the Montauban deposit?

The Montauban deposit spans 13,166 hectares and is rich in gold, silver, and base metals. It has a historical production value exceeding $1.4 billion and is located in Quebec's prolific volcanogenic massive sulfide (VMS) district.

What were the results of ESGold's Annual General Meeting?

ESGold's Annual General Meeting showed exceptional shareholder support, with 99.96% of votes cast in favor of management's initiatives and proposals, indicating strong confidence in the company's strategic direction.

How does ESGold's exploration initiative align with its commitment to sustainability?

ESGold's exploration initiative employs ANT technology, which offers low environmental impact and cost efficiency, aligning with the company's commitment to sustainable and innovative mining practices.

What is the historical significance of the Montauban deposit?

The Montauban deposit has been a significant source of gold, silver, and base metals, with historical production exceeding $1.4 billion in value. It is part of Quebec's rich VMS district.

Who is ESGold partnering with for the Montauban exploration initiative?

ESGold is partnering with CAUR Technologies, a leader in ambient noise tomography and artificial intelligence, to execute the exploration initiative at the Montauban deposit.

What are the advantages of using ANT technology in mineral exploration?

ANT technology offers deep imaging capabilities, rapid assessment, cost efficiency, and low environmental impact, making it ideal for large-scale surveys and detailed subsurface visualization.

ESGOLD CORP

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