(via TheNewswire)
The acquisition of the additional claims solidifies ESGold’s Montauban Property bundle, while expanding its exploration and mining potential.Reported historical past production from the Montauban Property includes 150,000 ounces of gold, and 7,000,000 ounces of silver as well as 109,000 metric tons of zinc and 37,000 metric tons of lead.(Source:
Historical results and past work clearly demonstrate the continued development of the property over the years. Underground workings include declines, shafts and an extensive network of drifts on various levels. In addition, of the many significant highlights on the property, the south strike zone contains near surface mineralised rock as well as the
« These newly acquired claims are in line with the Company's objective of low capital cost production targets while positioning the Company for continued growth with the
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Figure1: Claims Limits of the Montauban property
In other corporate news ESGold’s board of directors has decided to abolish the president position at the management level. In consequence,
Qualified Person
The information contained in this press release have been reviewed by Claude Duplessis, Eng., Qualified Person, for accuracy and compliance with National Instrument 43-101.
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About the Company
For more information on
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.ca
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