(via TheNewswire)
At Montauban, the Company plans on conducting a diamond drill campaigndesigned to validate historical near surface hard rock resources and explore previously untested areas on the property. In 2015, airborne VTEM geophysics work on the Montauban Property was completed and interpreted by
Other work that has commenced is GoldMind’s compilation of all historic drilling and mining information on the underground workings at Montauban. The goal is to digitize the information so that it can be incorporated into a model that outlines the extent of the underground resource at the site. Although Montauban has had some sporadic operations since 1910, there has never been a comprehensive model compiled.
Additionally, management continues to aggressively pursue financing options with various groups for the mill circuit build-out located on the Montauban property. Over 60%of the equipment required to bring the mill ‘on-line’ has been sourced and infrastructure work completed on site includes access roads, main hydro power source and the building that will house the mill.
With regards to ESGold’s
About the Company
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On behalf of the Board of Directors,
“Jean Yves Therien”
Chief Executive Officer
“John Stella”
Investor contact
Tel: +1 514-712-1532
Email:info@esgold.com
This press release contains "forward-looking information" that is based on the Company's current expectations, estimates, forecasts, and projections. This forward-looking information includes, among other things, statements with respect to the Company's exploration and development plans. The words "will", "anticipated", "plans" or other similar words and phrases are intended to identify forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward looking information.
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