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 collected will be integrated into ESGold's evolving three-dimensional geological model. This model will help determine what additional work may be required to support a current mineral resource estimate under National Instrument 43-101 (NI 43-101). The company emphasized that historical estimates referenced in previous technical reports should not be treated as current mineral resources or reserves, highlighting the importance of this new data for future resource calculations.
This drill program marks a significant step for ESGold as it progresses its flagship Montauban Gold-Silver Project, which is under construction with production anticipated in 2026. The company describes itself as a fully permitted, fully funded, pre-production mining company advancing a scalable clean mining model across North and South America. 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 Montauban project is a historic mining area with past production, and the current drilling aims to confirm and expand known mineralization. By testing continuity between historical drill holes, the company seeks to upgrade the confidence level of the mineralized zones, which could potentially lead to a maiden current resource estimate. This is crucial for attracting investment and advancing the project towards production.
The program's results will also inform decisions on future exploration and development activities. ESGold's commitment to this drill program underscores its dedication to responsible resource development and its goal of becoming a significant gold-silver producer in Quebec.
For more information on ESGold and its projects, visit the company's newsroom at https://ibn.fm/ESAUF. The full press release is available at https://ibn.fm/rQLw7.
