STOCK TITAN

ESGold Identifies Rhodonite at Montauban, a Key Indicator Mineral of Broken Hill-type High-Grade Lead-Zinc-Silver Deposits

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags

ESGold Corp (OTCQB: SEKZF) has announced the discovery of rhodonite, a manganese silicate mineral, at its Montauban Project. This finding is significant as rhodonite is a key indicator mineral associated with Broken Hill-type (BHT) high-grade lead-zinc-silver deposits.

The mineral's presence suggests potential for previously unrecognized high-grade mineralization at depth, as rhodonite typically forms under high-temperature, low-pressure metamorphic conditions and is often found alongside valuable metals like lead, zinc, silver, and gold. Historical exploration at Montauban primarily tested depths of less than 50 meters, leaving deeper zones unexplored.

Current exploration initiatives include:

  • Ongoing Ambient Noise Tomography (ANT) survey for 3D subsurface imaging
  • Follow-up sampling and structural analysis
  • Refinement of drill targets to test deeper mineralized zones

Additionally, the company has completed a debt settlement of $126,578.89 through the issuance of 778,947 common shares at $0.1625 per share.

ESGold Corp (OTCQB: SEKZF) ha annunciato la scoperta di rhodonite, un minerale di silicato di manganese, presso il suo Montauban Project. Questa scoperta è significativa poiché la rhodonite è un minerale indicatore chiave associato ai depositi ad alto grado di piombo-zinco-argento di tipo Broken Hill (BHT).

La presenza di questo minerale suggerisce un potenziale per mineralizzazioni ad alto grado precedentemente non riconosciute in profondità, poiché la rhodonite si forma tipicamente in condizioni metamorfosiche ad alta temperatura e bassa pressione ed è spesso trovata insieme a metalli preziosi come piombo, zinco, argento e oro. Le esplorazioni storiche a Montauban hanno principalmente testato profondità inferiori a 50 metri, lasciando zone più profonde inesplorate.

Le attuali iniziative di esplorazione includono:

  • Un'indagine di Tomografia del Rumore Ambientale (ANT) in corso per l'imaging 3D del sottosuolo
  • Campionamento e analisi strutturale di follow-up
  • Affinamento degli obiettivi di perforazione per testare zone mineralizzate più profonde

Inoltre, la società ha completato un accordo di debito di $126,578.89 attraverso l'emissione di 778,947 azioni ordinarie a $0.1625 per azione.

ESGold Corp (OTCQB: SEKZF) ha anunciado el descubrimiento de rhodonita, un mineral de silicato de manganeso, en su Montauban Project. Este hallazgo es significativo ya que la rhodonita es un mineral indicador clave asociado con depósitos de plomo-zinc-plata de alta ley de tipo Broken Hill (BHT).

La presencia del mineral sugiere un potencial para mineralización de alta ley previamente no reconocida en profundidad, ya que la rhodonita típicamente se forma en condiciones metamórficas de alta temperatura y baja presión y a menudo se encuentra junto a metales valiosos como plomo, zinc, plata y oro. La exploración histórica en Montauban probó principalmente profundidades de menos de 50 metros, dejando zonas más profundas sin explorar.

Las iniciativas de exploración actuales incluyen:

  • Encuesta de Tomografía de Ruido Ambiental (ANT) en curso para imágenes 3D del subsuelo
  • Muestreo de seguimiento y análisis estructural
  • Refinamiento de objetivos de perforación para probar zonas mineralizadas más profundas

Además, la empresa ha completado un acuerdo de deuda de $126,578.89 mediante la emisión de 778,947 acciones comunes a $0.1625 por acción.

ESGold Corp (OTCQB: SEKZF)는 로돈나이트라는 망간 실리케이트 광물의 발견을 몽토반 프로젝트에서 발표했습니다. 이 발견은 로돈나이트가 Broken Hill 유형(BHT)의 고품질 납-아연-은 광상과 관련된 주요 지표 광물이기 때문에 중요합니다.

이 광물의 존재는 깊은 곳에서 이전에 인식되지 않았던 고품질 광물화의 가능성을 시사합니다. 로돈나이트는 일반적으로 고온, 저압의 변성 조건에서 형성되며, 종종 납, 아연, 은 및 금과 같은 귀금속과 함께 발견됩니다. 몽토반에서의 역사적인 탐사는 주로 50미터 이하의 깊이를 시험했으며, 더 깊은 지역은 탐사되지 않았습니다.

현재 탐사 이니셔티브에는:

  • 3D 지하 이미징을 위한 지속적인 환경 소음 탐사(ANT)
  • 후속 샘플링 및 구조 분석
  • 더 깊은 광물화된 지역을 시험하기 위한 시추 목표의 정교화

또한, 회사는 주당 $0.1625에 778,947주를 발행하여 $126,578.89의 부채 정산을 완료했습니다.

ESGold Corp (OTCQB: SEKZF) a annoncé la découverte de rhodonite, un minéral silicaté de manganèse, dans son Montauban Project. Cette découverte est significative car la rhodonite est un minéral indicateur clé associé aux dépôts de plomb-zinc-argent de haute teneur de type Broken Hill (BHT).

La présence de ce minéral suggère un potentiel pour une minéralisation de haute teneur auparavant non reconnue en profondeur, car la rhodonite se forme généralement dans des conditions métamorphiques à haute température et basse pression et se trouve souvent aux côtés de métaux précieux tels que le plomb, le zinc, l'argent et l'or. Les explorations historiques à Montauban ont principalement testé des profondeurs de moins de 50 mètres, laissant des zones plus profondes inexplorées.

Les initiatives d'exploration actuelles comprennent:

  • Enquête en cours de Tomographie de Bruit Ambiant (ANT) pour l'imagerie 3D du sous-sol
  • Échantillonnage et analyse structurelle de suivi
  • Affinage des cibles de forage pour tester des zones minéralisées plus profondes

De plus, la société a complété un règlement de dette de 126,578.89 $ par l'émission de 778,947 actions ordinaires à 0.1625 $ par action.

ESGold Corp (OTCQB: SEKZF) hat die Entdeckung von Rhodonit, einem Mangan-Silikat-Mineral, in seinem Montauban-Projekt bekannt gegeben. Diese Entdeckung ist bedeutend, da Rhodonit ein wichtiger Indikator für Mineralien ist, die mit hochgradigen Blei-Zink-Silber-Lagerstätten vom Broken Hill-Typ (BHT) assoziiert sind.

Das Vorhandensein des Minerals deutet auf Potenzial für zuvor unerkannte hochgradige Mineralisierungen in größeren Tiefen hin, da Rhodonit typischerweise unter hochtemperatur- und niedrigdruckmetamorphosen Bedingungen gebildet wird und oft zusammen mit wertvollen Metallen wie Blei, Zink, Silber und Gold vorkommt. Historische Erkundungen in Montauban haben hauptsächlich Tiefen von weniger als 50 Metern getestet, sodass tiefere Zonen unerforscht blieben.

Aktuelle Erkundungsinitiativen umfassen:

  • Aktuelle Umfrage zur Ambient Noise Tomography (ANT) für 3D-Untergrundabbildung
  • Nachfolgendes Sampling und strukturelle Analyse
  • Verfeinerung der Bohrziele zur Erprobung tieferer mineralisierter Zonen

Zusätzlich hat das Unternehmen eine Schuldenregelung in Höhe von $126,578.89 durch die Emission von 778,947 Stammaktien zu je $0.1625 pro Aktie abgeschlossen.

Positive
  • None.
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - March 20, 2025) - ESGold Corp. (CSE: ESAU) (OTCQB: SEKZF) (FSE: Z7D) ("ESGold" or the "Company") is pleased to announce the identification of rhodonite, a manganese silicate mineral (MnSiO₃), at its Montauban Project. The discovery was made as part of a sampling program around the historical Montauban deposit and may hold geological significance, as it aligns Montauban with the signature mineralogy of Broken Hill-type (BHT) deposits.

Rhodonite: A Known Marker at Some High-Grade Sulphide Deposits

Rhodonite is a manganese-rich mineral that forms under high-temperature, low-pressure metamorphic conditions. While it is not a primary ore mineral, its presence is often indicative of structural deformation and remobilization, processes that can enhance the concentration of valuable metals such as lead, zinc, silver, and gold.

In BHT deposits, rhodonite is found in close association with argentiferous galena (silver-rich lead sulfide), sphalerite (zinc sulfide), and pyrrhotite (iron sulfide). Its occurrence at Montauban suggests that similar geological processes may have influenced the mineralization underlying the property, reinforcing the potential for previously unrecognized high-grade mineralization at depth.

Geological Context at Montauban

  • Rhodonite is rare in typical volcanogenic massive sulfide (VMS) deposits but is a distinguishing feature of some high-grade lead-zinc-silver systems.
  • The mineral is typically associated with manganese enrichment, which is not a dominant characteristic of most VMS deposits but is present in BHT systems.
  • The presence of rhodonite indicates that deformation and remobilization may have been contributing factors to the mineralization model at Montauban, and that historical exploration may not have fully tested the deposit's potential.
  • Current exploration programs, including the ongoing Ambient Noise Tomography (ANT) survey, aim to model the subsurface mineralized structures and define potential high-priority drill targets.

Implications for Ongoing Exploration

The discovery of rhodonite at Montauban supports the hypothesis that the deposit may host deeper, high-grade zones beyond the historically mined near-surface material. Given that historical drill programs primarily tested depths of less than 50 m, the ongoing ANT survey will play a crucial role in determining the full extent of the mineralized system.

"The identification of rhodonite at Montauban provides important geological context for our exploration efforts," said André Gauthier, P.Geo., "In many high-grade lead-zinc-silver deposits, including Broken Hill, rhodonite has been recognized as a key indicator mineral associated with structurally controlled mineralization. This finding strengthens our understanding of Montauban's geology and will help guide future exploration efforts, particularly in targeting deeper, untested zones."

The Company would like to note that mineralogical observations are preliminary, and the interpretations based on them are conceptual. There is no certainty that further exploration or detailed studies will substantiate these preliminary observations or that the project's geological characteristics or mineralization will be economically viable.

Next Steps

  • Completion of the ANT Survey – Results from the 3D subsurface imaging program will provide insight into the scale of mineralized structures at Montauban.
  • Follow-Up Sampling & Structural Analysis – Additional sampling and structural mapping will further define the extent of rhodonite occurrences and their association with economic mineralization.
  • Drill Target Refinement – Pending the results of the ANT survey and additional geochemical work, ESGold will refine its drill targeting to test deeper mineralized zones.

The identification of rhodonite at Montauban marks an important step in refining the geological model of the deposit. The Company continues to integrate modern exploration technologies to unlock the full potential of the project, leveraging systematic geophysical and geochemical analysis.

Qualified Person Statement

The technical information in this news release has been reviewed and approved by John Langton, M.Sc., P. Geo., a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

Other Corporate News

Further to the Company's news release dated January 31, 2025, on February 11, 2025 the Company has closed its previously announced debt settlement totaling $126,578.89 owed to certain creditors of the Company in consideration for the issuance of an aggregate of 778,947 common shares in the capital of the Corporation (each, a "Settlement Share") at a deemed price of $0.1625 per Settlement Share.

All Settlement Shares are subject to a statutory hold period of four months plus a day from the date of issuance of the Settlement Shares in accordance with applicable securities legislation.

The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities.

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 kilometres 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.

On behalf of the Board of Directors,

ESGold Corp.
"Brad Kitchen"
President, Director
Tel: +1-888-370-1059
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/245414

FAQ

What is the significance of finding rhodonite at ESGold's Montauban Project (SEKZF)?

Rhodonite's discovery indicates potential for high-grade lead-zinc-silver mineralization similar to Broken Hill-type deposits, suggesting valuable untapped resources at deeper levels of the Montauban Project.

How deep were the historical drilling programs at SEKZF's Montauban site?

Historical drill programs at the Montauban site primarily tested depths of less than 50 meters, leaving deeper zones unexplored.

What exploration methods is SEKZF currently using at Montauban?

ESGold is conducting an Ambient Noise Tomography (ANT) survey for 3D subsurface imaging, along with sampling programs and structural analysis.

What was the value of ESGold's (SEKZF) recent debt settlement in February 2025?

ESGold settled debts totaling $126,578.89 by issuing 778,947 common shares at $0.1625 per share.

What are the next exploration steps for SEKZF at the Montauban Project?

Next steps include completing the ANT survey, conducting follow-up sampling and structural analysis, and refining drill targets to test deeper mineralized zones.
ESGold

OTC:SEKZF

SEKZF Rankings

SEKZF Latest News

SEKZF Stock Data

12.83M
50.87M
9.35%
Other Precious Metals & Mining
Basic Materials
Link
Canada
Vancouver