Curated News
By: NewsRamp Editorial Staff
September 03, 2026
ESGold Starts 2026 Drilling at Montauban to Boost Resource Estimate
TLDR
- ESGold's 5,000-meter drill program at Montauban targets resource expansion, giving investors a first-mover edge before production in 2026.
- ESGold's 2026 drilling at Montauban uses 29 holes over 5,000 meters to validate mineralization, test continuity, and update its 3D model for NI 43-101 estimates.
- ESGold's drilling advances clean mining practices in Quebec, aiming to supply precious metals sustainably while supporting local economy and future generations.
- Drill program 120 km west of Quebec City will probe historic mine extensions, possibly revealing new gold-silver zones beneath old workings.
Impact - Why it Matters
This drilling program is crucial for ESGold as it aims to upgrade historical estimates to current NI 43-101 compliant resources, which is essential for financing and advancing the Montauban project towards production. For investors, successful drilling could de-risk the project and increase confidence in the company's value, potentially impacting share price. For the mining industry, this demonstrates a commitment to responsible resource development with a clean mining approach.
Summary
ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) has kicked off its 2026 surface diamond drilling program at the Montauban Project in Quebec, targeting approximately 5,000 meters across 29 proposed drill holes. The program focuses on the historic Montauban mine area to validate mineralization, test continuity between historical drill holes, and explore extensions into untested zones. The data collected will feed into a 3D geological model and help determine the work needed for a current mineral resource estimate under NI 43-101. Importantly, ESGold cautions that historical estimates should not be treated as current resources.
ESGold is a fully permitted, fully funded pre-production mining company with a clean mining model, and the Montauban project is under construction with production expected in 2026. The company's dual-track strategy aims for cash flow and discovery. This drilling program is a key step in advancing the project towards production.
For more details, visit the full press release at https://ibn.fm/rQLw7. ESGold's newsroom can be accessed at https://ibn.fm/ESAUF. MiningNewsWire, which distributed this release, is a platform focused on the mining sector and is part of the Dynamic Brand Portfolio at IBN. For more information, visit MiningNewsWire.
Source Statement
This curated news summary relied on content distributed by InvestorBrandNetwork (IBN). Read the original source here, ESGold Starts 2026 Drilling at Montauban to Boost Resource Estimate
