Curated News
By: NewsRamp Editorial Staff
September 24, 2026
ESGold Advances 2,030m of 5,000m Drill Program at Montauban
TLDR
- ESGold Corp. advances 19 holes at Montauban, positioning investors for potential discovery upside beyond historic mine workings.
- ESGold Corp. drills 2,030 metres of 5,000-metre program, submits 400 core samples to SGS Labs for pending assay results.
- ESGold Corp. builds a clean mining model in Québec, aiming for sustainable growth and long-term value for communities.
- ESGold Corp. intersected historic underground workings in nine holes, offering rare geological control for modern exploration.
Impact - Why it Matters
The progress at Montauban is significant for ESGold as it moves toward production. The presence of alteration, veining, and sulphides similar to the historic mineralized system suggests the potential for economic mineralization. Intersecting historic workings provides valuable geological data that can help refine the understanding of the deposit and guide future exploration. With assay results pending, positive outcomes could lead to resource expansion and enhance the project's economics. For investors, this news indicates that ESGold is actively advancing its flagship asset and could be poised for a re-rating if results are favorable. Additionally, the company's clean mining model and dual-track strategy of near-term cash flow and long-term discovery position it well in the evolving mining sector, where sustainability and responsible resource development are increasingly important.
Summary
ESGold (CSE: ESAU) (OTCQB: ESAUF) has provided an update on its 2026 diamond drilling program at the Montauban Project in Québec, reporting that 19 drill holes totaling approximately 2,030 metres of a planned 5,000 metres have been completed. The drilling has repeatedly encountered alteration, quartz-carbonate veining, and locally sulphide-bearing intervals within the geological environment associated with the historic Montauban mineralized system. Observed sulphides include pyrite, pyrrhotite, and galena. Approximately 400 core samples have been submitted to SGS Laboratories in Val-d’Or for analysis, with assay results pending. Notably, nine drill holes have intersected historic underground workings or voids, providing valuable geological control for comparing modern drilling with the former mine geometry. Drilling remains underway as ESGold tests potential continuation of the Montauban system outside and below the historic mine workings.
ESGold Corp. (CSE: ESAU | OTCQB: ESAUF | FSE: Z7D) is a fully permitted, fully funded, pre-production mining company advancing a scalable clean mining model across North America. Its flagship Montauban Gold-Silver Project in Québec is under construction. With a dual-track strategy of cash flow today and discovery tomorrow, ESGold is building a platform for clean, sustainable growth and long-term shareholder value. The latest news and updates relating to ESAUF are available in the company’s newsroom at https://ibn.fm/ESAUF.
The announcement was disseminated through MiningNewsWire (“MNW”), a specialized communications platform focused on developments and opportunities in the Global Mining and Resources sectors. MNW is one of 75+ brands within the Dynamic Brand Portfolio @ IBN, which delivers access to a vast network of wire solutions via InvestorWire, article and editorial syndication to 5,000+ outlets, enhanced press release enhancement, social media distribution via IBN to millions of followers, and a full array of tailored corporate communications solutions. To view the full press release, visit https://ibn.fm/RYiLu.
Source Statement
This curated news summary relied on content distributed by InvestorBrandNetwork (IBN). Read the original source here, ESGold Advances 2,030m of 5,000m Drill Program at Montauban
