ESGold Corp. has uncovered a promising large-scale geophysical anomaly at its Montauban Project in Quebec, revealing a potential high-value mineral target that could significantly enhance the company's exploration prospects. The newly identified zone, located in the southwestern portion of the project area, exhibits strong conductive and magnetic characteristics typical of buried sulfide-rich volcanic massive sulfide (VMS) environments.
The discovery emerged from an internal review of the company's 2015 VTEM survey and historical drill data. Notably, the anomalous zone remains completely undrilled, presenting an exciting exploration opportunity within ESGold's expanded 255-claim package spanning 13,116 hectares.
The company is currently developing its 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 geophysical survey results. This sophisticated approach will help guide future targeted drilling efforts and potentially unlock significant mineral discovery potential.
While ESGold continues to advance toward near-term production through tailings reprocessing, this geological anomaly represents a strategic shift toward broader district-scale exploration. The discovery underscores the company's commitment to innovative resource exploration and sustainable mining practices in Quebec.
