ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) has announced groundbreaking results from its Ambient Noise Tomography (ANT) survey conducted at the Montauban Gold-Silver Project in Quebec. The findings reveal a vertically extensive and structurally complex system that extends to depths of 1,200 meters, far beyond the historically mined zones. This discovery suggests that Montauban may host a district-scale Volcanogenic Massive Sulphide (VMS) system, characterized by multiple stacked mineralized lenses similar to globally significant deposits.
The integration of ANT survey data with historic drill results and VTEM data is currently informing the development of a new 3D geological model. This model is expected to provide valuable insights into the project's geology, aiding in the identification of new exploration targets and the optimization of future drilling campaigns. With all necessary permits in place and tailings reprocessing already underway, ESGold is strategically positioned to pursue both near-term production and long-term exploration upside, potentially establishing Montauban as a multi-generational mining asset.
The implications of these findings are significant for the mining industry and investors alike. The potential for a district-scale VMS system at Montauban not only enhances the project's value but also underscores the importance of advanced geophysical techniques in modern mineral exploration. For more detailed information, visit https://ibn.fm/t4OUz.
