Mining exploration company ESGold Corp. has uncovered a promising high-conductivity geophysical anomaly at its Montauban Project in Quebec, potentially signaling a substantial mineral deposit. The southwestern region of the project, now encompassed within the company's expanded 255-claim area spanning 13,116 hectares, presents a compelling exploration target.
Geological analysis of the 2015 VTEM survey and historical drill data revealed a zone characterized by strong conductive and magnetic signatures typical of buried sulfide-rich volcanogenic massive sulfide (VMS) environments. Critically, this area remains completely undrilled, presenting a significant opportunity for mineral discovery.
ESGold is currently developing the first comprehensive 3D geological model of the project, integrating multiple data sources including VTEM and Total Magnetic Intensity (TMI) data, over 950 historical drillholes, and upcoming Ambient Noise Tomography (ANT) survey results. This advanced modeling approach will provide crucial guidance for future targeted drilling efforts.
While the company continues to advance toward near-term production through tailings reprocessing, the southwestern anomaly represents a strategic pivot toward unlocking broader district-scale exploration potential. The discovery underscores ESGold's commitment to innovative exploration techniques and sustainable resource recovery in the Quebec mining landscape.
The identification of this untested VMS target highlights the ongoing potential for significant mineral discoveries in established mining regions. By leveraging advanced geophysical survey techniques and comprehensive data integration, ESGold demonstrates a sophisticated approach to mineral exploration that could yield substantial economic benefits.
