ESGold Highlights Significant Near-Surface Mineralization from Historical Drill Program at Montauban, Validating ANT Survey Exploration
ESGold Corp (OTCQB: SEKZF) has revealed historical results from a 2009 diamond-drilling program at its Montauban property in Quebec, showcasing significant near-surface mineralization. The program, which included 52 drill holes totaling 1,505 metres, confirmed high-grade gold, silver, and base-metal deposits within 25 metres of the surface.
The company is currently conducting an Ambient Noise Tomography (ANT) survey, expected to conclude in 4-6 weeks, to explore mineralization up to 400 metres depth. This modern geophysical imaging aims to define the scale and continuity of known mineralized zones and identify new drill targets.
Key findings from the 2009 program include:
- Historical drilling primarily tested depths up to 50 metres, with exploration beyond 200 metres
- Multiple high-grade intervals in gold and silver were discovered, with strong zinc, lead, and copper values
- The deposit shows characteristics of volcanogenic massive sulfide (VMS) deposits
ESGold Corp (OTCQB: SEKZF) ha rivelato risultati storici di un programma di perforazione a diamante del 2009 presso la sua proprietà Montauban in Quebec, evidenziando una significativa mineralizzazione vicino alla superficie. Il programma, che ha incluso 52 fori di perforazione per un totale di 1.505 metri, ha confermato depositi di oro, argento e metalli di base ad alta gradazione entro 25 metri dalla superficie.
L'azienda sta attualmente conducendo un'indagine di Tomografia del Rumore Ambientale (ANT), che si prevede si concluderà in 4-6 settimane, per esplorare la mineralizzazione fino a 400 metri di profondità. Questa moderna imaging geofisica mira a definire la scala e la continuità delle zone mineralizzate conosciute e identificare nuovi obiettivi di perforazione.
I risultati chiave del programma del 2009 includono:
- La perforazione storica ha principalmente testato profondità fino a 50 metri, con esplorazioni oltre i 200 metri
- Numerosi intervalli ad alta gradazione in oro e argento sono stati scoperti, con forti valori di zinco, piombo e rame
- Il deposito mostra caratteristiche di depositi di solfuri massivi volcanogeni (VMS)
ESGold Corp (OTCQB: SEKZF) ha revelado resultados históricos de un programa de perforación con diamante de 2009 en su propiedad Montauban en Quebec, destacando una mineralización significativa cerca de la superficie. El programa, que incluyó 52 agujeros de perforación con un total de 1,505 metros, confirmó depósitos de oro, plata y metales base de alta ley dentro de los 25 metros de la superficie.
La empresa está llevando a cabo actualmente una encuesta de Tomografía de Ruido Ambiental (ANT), que se espera concluya en 4-6 semanas, para explorar la mineralización hasta 400 metros de profundidad. Esta moderna imagen geofísica tiene como objetivo definir la escala y continuidad de las zonas mineralizadas conocidas e identificar nuevos objetivos de perforación.
Los hallazgos clave del programa de 2009 incluyen:
- La perforación histórica probó principalmente profundidades de hasta 50 metros, con exploración más allá de los 200 metros
- Se descubrieron múltiples intervalos de alta ley en oro y plata, con fuertes valores de zinc, plomo y cobre
- El depósito muestra características de depósitos de sulfuros masivos volcanogénicos (VMS)
ESGold Corp (OTCQB: SEKZF)는 퀘벡의 몬타반 자산에서 2009년 다이아몬드 시추 프로그램의 역사적 결과를 공개하며, 지표 근처의 중요한 광물화를 보여주었습니다. 이 프로그램은 52개의 시추 구멍을 포함하여 총 1,505미터를 시추했으며, 지표에서 25미터 이내에 고품질의 금, 은 및 기초 금속 매장량을 확인했습니다.
회사는 현재 환경 소음 단층 촬영(ANT) 조사를 수행하고 있으며, 4-6주 내에 완료될 예정입니다. 이 현대적인 지구물리학적 이미징은 알려진 광물화 지역의 규모와 연속성을 정의하고 새로운 시추 목표를 식별하는 것을 목표로 합니다.
2009년 프로그램의 주요 발견 사항은 다음과 같습니다:
- 과거의 시추는 주로 50미터 깊이까지 테스트되었으며, 200미터 이상의 탐사가 이루어졌습니다.
- 금과 은에서 여러 개의 고품질 구간이 발견되었으며, 아연, 납 및 구리의 강력한 값이 있었습니다.
- 이 매장지는 화산기원 대량 황화물(VMS) 매장지의 특징을 보입니다.
ESGold Corp (OTCQB: SEKZF) a révélé des résultats historiques d'un programme de forage diamant de 2009 sur sa propriété Montauban au Québec, mettant en avant une minéralisation significative près de la surface. Le programme, qui a inclus 52 trous de forage totalisant 1 505 mètres, a confirmé des dépôts d'or, d'argent et de métaux de base de haute qualité à moins de 25 mètres de la surface.
L'entreprise mène actuellement une enquête de Tomographie du Bruit Ambiant (ANT), qui devrait se terminer dans 4 à 6 semaines, pour explorer la minéralisation jusqu'à 400 mètres de profondeur. Cette imagerie géophysique moderne vise à définir l'échelle et la continuité des zones minéralisées connues et à identifier de nouveaux objectifs de forage.
Les principales conclusions du programme de 2009 incluent:
- Le forage historique a principalement testé des profondeurs allant jusqu'à 50 mètres, avec une exploration au-delà de 200 mètres
- Plusieurs intervalles de haute qualité en or et en argent ont été découverts, avec de fortes valeurs en zinc, plomb et cuivre
- Le dépôt présente des caractéristiques de dépôts de sulfures massifs volcanogènes (VMS)
ESGold Corp (OTCQB: SEKZF) hat historische Ergebnisse eines Diamantbohrprogramms aus dem Jahr 2009 in seinem Montauban-Grundstück in Quebec veröffentlicht, die eine signifikante Mineralisierung nahe der Oberfläche zeigen. Das Programm umfasste 52 Bohrlöcher mit insgesamt 1.505 Metern und bestätigte hochgradige Gold-, Silber- und Basismetallvorkommen innerhalb von 25 Metern unter der Oberfläche.
Das Unternehmen führt derzeit eine Umgebungsgeräusch-Tomographie (ANT)-Untersuchung durch, die voraussichtlich in 4-6 Wochen abgeschlossen sein wird, um Mineralisierungen bis in 400 Meter Tiefe zu erkunden. Diese moderne geophysikalische Bildgebung zielt darauf ab, das Ausmaß und die Kontinuität bekannter mineralisierter Zonen zu definieren und neue Bohrziele zu identifizieren.
Wichtige Ergebnisse des Programms von 2009 umfassen:
- Historische Bohrungen testeten hauptsächlich Tiefen von bis zu 50 Metern, mit Erkundungen über 200 Meter hinaus
- Mehrere hochgradige Intervalle in Gold und Silber wurden entdeckt, mit starken Werten für Zink, Blei und Kupfer
- Das Vorkommen zeigt Eigenschaften von vulkanogenen massiven Sulfidvorkommen (VMS)
- None.
- None.
Advancing Exploration at Montauban - Modern Geophysics to Assess the Scale of Mineralization
Vancouver, British Columbia--(Newsfile Corp. - March 11, 2025) - ESGold Corp. (CSE: ESAU) (OTCQB: SEKZF) (FSE: Z7D) ("ESGold" or the "Company") is pleased to present historical analytical results from the 2009 diamond-drilling program at its Montauban property (the "Property") in Quebec. The results reveal the presence of noteworthy near-surface gold, silver, and base-metal mineralization and reinforce the geological rationale for the Company's recent Ambient Noise Tomography (ANT) geophysical survey.
The 2009 drill program was conducted by Excel Gold Mining Inc. ("Excel") over the North and South zones of the Montauban deposit, and confirmed high-grade gold (Au), silver (Ag), zinc (Zn), copper (Cu), and lead (Pb) mineralization, primarily within 25 metres of surface, with limited deeper exploration beyond 50 metres. Given the demonstrated mineralized system and the potential for significant expansion at depth, ESGold's ongoing ANT survey aims to define the scale and continuity of these known mineralized zones and identify high-priority drill targets down dip and along strike.
Highlights of the 2009 Drill Program
The 2009 drilling campaign comprised 52 drill holes totaling 1,505 metres and primarily tested the near-surface extensions of the North and South zones, which underlie the Property. The drilling intersected multiple high-grade intervals, particularly in gold and silver, with strong zinc, lead, and copper values, confirming the polymetallic nature of the deposit and its correlation to volcanogenic massive sulfide (VMS) deposits.
Key Highlights:
Shallow Drilling to Date: Historical drilling at Montauban primarily tested to depths of 50 metres, with limited exploration beyond 200 metres, leaving the deposit's projected extent largely untested.
Unlocking Depth Potential: ESGold's ongoing ANT survey will provide high-resolution imaging of mineralized structures to at least 400 metres depth, with the potential to extend deeper based on initial results.
Targeting a Larger System: As VMS deposits commonly occur in clusters, the ANT survey is designed to test for additional mineralization on the Property. The ANT survey will systematically explore the Property's full geological footprint for the first time.
Proven Near-Surface Mineralization: Historical diamond-drilling intersected high-grade gold, silver, and base-metals close to surface, supporting the potential for continuity of mineralization.
Refining the Geological Model: Advanced geophysical imaging will help define high-priority drill targets and expand the Company's understanding of the known deposit's full potential along strike and at depth.
The historical analytical results provide compelling evidence of mineralized continuity at shallow depths, with highlights as follows:
Notable Drill Intercepts from the 2009 Program:
To view an enhanced version of this graphic, please visit:
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To view an enhanced version of this graphic, please visit:
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To view an enhanced version of this graphic, please visit:
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(Note: Full drill results are available in Berubé (2010*). These drill results are historical in nature, reported by Excel Gold Mining Inc., a previous operator, and have not been independently verified by ESGold. Investors are cautioned that these results should not be relied upon for current resource estimation purposes. The true widths of mineralized intercepts remain unknown.)
* Bérubé, J.-P., 2010. Rapport de travaux, Sondages au Diamant sur la Propriété Montauban. Rapport préparé pour Excel Gold Mining Inc. par MRB & Associates. Internal Report. 20 pages.
Key Observations:
Significant mineralization near surface, with high gold and silver grades within 25 metres of surface, confirming robust polymetallic mineralization.
Multiple mineralized horizons identified along strike, with evidence suggesting continuity at depth.
Limited drilling beyond 50 metres depth, indicating the potential for projected deeper extension of the mineralized system.
Zinc and lead enrichment, consistent with the geological signature of volcanogenic massive sulfide (VMS) deposits, with potential for a larger, untapped polymetallic system.
Linking Historical Results to ESGold's Ongoing ANT Survey
ESGold is currently conducting the first-ever systematic deep imaging survey at the Property using ANT technology, with the goal of defining the full scale of the mineralized system and identifying additional drill targets at depth.
The North and South zones, where Excel's 2009 drilling was concentrated, are primary targets for expansion, based on historical high-grade intercepts.
ANT survey is targeting mineralized structures to 400 metre depth initially, with the potential for deeper surveys based on preliminary results.
Given that VMS deposits typically occur in clusters, Montauban remains highly prospective for additional blind discoveries beyond the known mineralized zones.
"The 2009 drill program confirmed the presence of high-grade gold, silver, and base metal mineralization so close to surface, this left unanswered questions regarding the potential for a much larger system at depth," stated Brad Kitchen, President of ESGold. "With modern geophysical imaging now underway, the ongoing ANT survey will allow us to refine our geological model, identify high-priority drill targets, and fully define the extent of mineralization at Montauban both along strike and at depth, setting the stage for a significant discovery."
Andre Gauthier, President of Caur Technologies (provider of the ANT Survey), commented:
"The ANT survey is a transformative tool for exploration, allowing us to visualize subsurface mineralized structures in three dimensions with an unparalleled level of accuracy. Our goal is to integrate historical data with new geophysical insights to better understand the true potential of the Montauban deposit."
Geophysical surveys are not definitive, and the results are still at an early stage of interpretation, with no guarantee of a mineral discovery.
Next Steps & Exploration Strategy
The ANT survey is currently underway and is expected to conclude within 4-6 weeks, providing crucial geophysical data to enhance the understanding of Montauban's subsurface mineralization. Once completed, results will be processed and integrated with historical drilling data to define new high-priority drill targets. Pending financing, ESGold intends to utilize future cash flow from production of the tailings to systematically explore and expand the Montauban resource. This survey serves as a stepping stone for a larger, more expansive drill program, designed to build upon historical intercepts of potential mineralized zones identified through ANT, ultimately working toward defining the full scale of the Montauban deposit.
Cautionary Statement on Historical Data
The drill results presented in this release are historical in nature and were completed by a previous operator. ESGold has not independently verified this data and does not consider it current under NI 43-101 reporting standards. These results are provided for informational purposes only and should not be relied upon for resource estimation or investment decisions.
Qualified Person Statement
The technical information in this news release has been reviewed and approved by John Langton, an independent Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). The historical drill results are sourced from the 2009 Montauban Drill Program Report and are considered relevant, though ESGold has not yet conducted independent verification of the drill-core data.
About ESGold Corp.
ESGold Corp. (CSE: ESAU) (OTCQB: 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 pilot 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
Tel: +1-514-712-1532
Email: info@esgold.com
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/244098
FAQ
What significant mineralization did ESGold's Montauban property 2009 drill program reveal?
How deep will SEKZF's new ANT survey explore compared to historical drilling?
When will SEKZF complete its current ANT geophysical survey at Montauban?
What are ESGold's (SEKZF) next steps after completing the ANT survey at Montauban?
What type of deposit is the Montauban property classified as?
