ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D) has released results from its Ambient Noise Tomography survey conducted at the historic Montauban gold and silver mine site, revealing substantial untapped mineral potential across the 13,116-hectare property located 80 kilometers west of Quebec City. The survey data indicates that Montauban's mineral system remains open both vertically and laterally, with multiple zones across the property completely untested by previous exploration efforts.
According to company statements, the continuity, depth, and scale of the identified structures suggest that the original mining operations represented only the surface manifestation of a much larger mineral system. CEO Gordon Robb stated that the data confirms Montauban may represent just the beginning of a district-scale opportunity, with the original mine serving as "just the tip of the iceberg" in terms of overall mineral potential.
The findings are significant for the mining industry as they demonstrate how modern geophysical techniques can reveal additional value in historically mined properties. The ANT technology, which measures natural seismic waves to map subsurface structures, has identified potential extensions that could substantially increase the property's resource base beyond what was previously recognized.
For investors and the mining sector, this development highlights the importance of re-evaluating historical mining districts with advanced exploration technologies. The full article discussing these findings is available at https://ibn.fm/s5hqr, providing additional technical details about the survey methodology and results.
The company's approach combines near-term production planning from existing tailings with longer-term exploration of the newly identified structures, representing a model for sustainable resource development. This dual strategy could serve as a template for other mining companies looking to maximize value from historical properties while minimizing environmental impact through responsible mining practices.
Additional information and updates regarding ESGold Corp.'s developments are available through the company's newsroom at https://ibn.fm/ESAUF, offering stakeholders access to ongoing project developments and corporate announcements.
