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ESGold’s Montauban Project Shows Key Parallels to Broken Hill $100B Deposit

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Manage episode 474431691 series 3179537
Content provided by AGORACOM. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by AGORACOM or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

HIGHLIGHTS

  • Geological Potential: Montauban shares key characteristics with Broken Hill, one of the world’s most lucrative deposits, valued at over $100 billion in metals.

  • Rhodonite Discovery: Recent sampling confirmed the presence of rhodonite, a mineral strongly associated with Broken Hill-type deposits, reinforcing the geological parallels between the two systems.

  • Advanced Exploration: ESGold is using ambient noise tomography to scan depths up to 400 meters, revealing previously unexplored mineral-rich areas.

  • Near-Term Production: Tailings production is set to begin in the next 6 months, generating cash flow without diluting shareholders. Year 1 revenue estimated at $23M based on current gold and silver prices.

  • Strong Financial Projections: The PEA projects $106.9M in revenues from tailings, with potential upside reaching $315M over the next five years. A revised PEA is in progress.

  • Fast Payback: The project is expected to pay back in just 0.9 years at $1,750 gold, underscoring its financial viability.

ESGold Corp. ($ESAU / $ESAUF) is leading the charge with its modern approach to exploration and production. The company’s use of cutting-edge technology potentially unlocks the full potential of Montauban, positioning it for both near-term revenue and long-term discovery upside.

COMPANY INSIGHTS

"For the first time, we are applying a disciplined, modern exploration approach to Montauban, similar to how Broken Hill was systematically uncovered," stated André Gauthier, Senior Geologist, ESGold. "This deposit shares many geological hallmarks with one of the most famous VMS deposits in the world. Our goal is to use modern technology to answer the key question—just how big is Montauban?"

"Broken Hill was not fully recognized until advanced exploration techniques were applied-this is the exact playbook we are following at Montauban," added Brad Kitchen, President of ESGold. "Our ANT survey will give us the first-ever deep visualization of the deposit, guiding our next drilling phase to unlock the true scale of this mineralized system."

WHAT’S NEXT

ESGold expects to finalize underground scan results within the next 4-6 weeks. These will provide critical insights into Montauban's mineralization, guiding the next phase of exploration. Drilling is set to begin within 6-9 months. With a rising gold market, a strategic Quebec location, and a self-funded approach, ESGold is poised for strong, sustained growth.

  continue reading

824 episodes

Artwork
iconShare
 
Manage episode 474431691 series 3179537
Content provided by AGORACOM. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by AGORACOM or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

HIGHLIGHTS

  • Geological Potential: Montauban shares key characteristics with Broken Hill, one of the world’s most lucrative deposits, valued at over $100 billion in metals.

  • Rhodonite Discovery: Recent sampling confirmed the presence of rhodonite, a mineral strongly associated with Broken Hill-type deposits, reinforcing the geological parallels between the two systems.

  • Advanced Exploration: ESGold is using ambient noise tomography to scan depths up to 400 meters, revealing previously unexplored mineral-rich areas.

  • Near-Term Production: Tailings production is set to begin in the next 6 months, generating cash flow without diluting shareholders. Year 1 revenue estimated at $23M based on current gold and silver prices.

  • Strong Financial Projections: The PEA projects $106.9M in revenues from tailings, with potential upside reaching $315M over the next five years. A revised PEA is in progress.

  • Fast Payback: The project is expected to pay back in just 0.9 years at $1,750 gold, underscoring its financial viability.

ESGold Corp. ($ESAU / $ESAUF) is leading the charge with its modern approach to exploration and production. The company’s use of cutting-edge technology potentially unlocks the full potential of Montauban, positioning it for both near-term revenue and long-term discovery upside.

COMPANY INSIGHTS

"For the first time, we are applying a disciplined, modern exploration approach to Montauban, similar to how Broken Hill was systematically uncovered," stated André Gauthier, Senior Geologist, ESGold. "This deposit shares many geological hallmarks with one of the most famous VMS deposits in the world. Our goal is to use modern technology to answer the key question—just how big is Montauban?"

"Broken Hill was not fully recognized until advanced exploration techniques were applied-this is the exact playbook we are following at Montauban," added Brad Kitchen, President of ESGold. "Our ANT survey will give us the first-ever deep visualization of the deposit, guiding our next drilling phase to unlock the true scale of this mineralized system."

WHAT’S NEXT

ESGold expects to finalize underground scan results within the next 4-6 weeks. These will provide critical insights into Montauban's mineralization, guiding the next phase of exploration. Drilling is set to begin within 6-9 months. With a rising gold market, a strategic Quebec location, and a self-funded approach, ESGold is poised for strong, sustained growth.

  continue reading

824 episodes

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