ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) has commenced its 2026 surface diamond drilling program at the Montauban Project, located approximately 120 kilometres west of Québec City, Québec. The program is designed to cover approximately 5,000 metres across 29 proposed drill holes, with a primary focus on the historic Montauban mine area. The company aims to validate previously identified mineralization, test continuity between historical drill holes and mineralized panels, and investigate potential extensions into insufficiently tested areas.
The drilling, geological, and analytical data gathered from this program will contribute to ESGold's evolving three-dimensional geological model. This model is crucial for determining what additional work may be required to support a current mineral resource estimate under NI 43-101. The company cautions that historical estimates referenced in previous technical reports should not be treated as current mineral resources or reserves, as the new data will provide a more accurate and up-to-date assessment.
The Montauban Project is ESGold's flagship gold-silver asset and is currently under construction, with production anticipated in 2026. The company is fully permitted and fully funded, positioning itself as a pre-production mining company advancing a scalable clean mining model across North and South America. With a dual-track strategy of generating cash flow today and pursuing discoveries for the future, ESGold is building a platform for clean, sustainable growth and long-term shareholder value.
This drill program represents a significant milestone for ESGold as it seeks to transition from exploration to production. The results will not only help validate the project's resource potential but also inform the company's strategic planning for the upcoming production phase. Investors and stakeholders will be closely watching the outcomes, as they could have substantial implications for the company's valuation and operational roadmap.
For more information on ESGold Corp., visit the company's newsroom at https://ibn.fm/ESAUF. The full press release is available at https://ibn.fm/rQLw7.
