Disseminated on behalf of ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF)and may include paid advertising.
- ESGold Corp., a development-stage company committed to the acquisition, exploration, and development of high-quality mineral properties worldwide, continues with the development of its Montauban property.
- Despite expected volatility, gold prices remain stellar, approximately twice as high as two years ago.
- Initial findings at the company’s Montauban project revealed deep and expanding mineralized corridor, over 2 kilometers of strike length.
ESGold (CSE: ESAU) (OTCQB: ESAUF), a development-stage company committed to acquiring, exploring, and developing high-quality mineral properties worldwide, continues moving forward with operations, even with expected volatility from unpredictable geopolitical events. Underlying debt and economic uncertainties are seen as long-term drivers of gold and silver prices, and show no signs of abating.
“Gold’s push above $4,800 reflects a recalibration of risk, rather than a full regime shift,” noted Ahmad Assiri, a strategist at Pepperstone Group Ltd. “The move higher suggests markets are now pricing in a lower probability of prolonged disruption while still retaining a meaningful discount versus the pre-Iran setup,” he added (https://ibn.fm/qIJJp).
ESGold remains optimistic that gold’s stellar price will continue, given ongoing world debt and political pressures. Even with volatility, the price of gold is holding approximately twice as high as it was two years ago. As a result, ESGold is doubling down on the development of its Montauban Gold-Silver Project in Québec. In March, the company closed a C$7.2 million offering that involved the sale of 10,683,000 units at C$0.68 per unit. Proceeds from the offering being directed toward advancing the Montauban project, as well as general working capital and corporate purposes.
“This next phase marks an important step in defining the full scale of Montauban,” noted Gordon Robb, ESGold’s CEO (https://ibn.fm/iM6Ju).
The company is already undertaking a 70-square-kilometer district-scale Ambient Noise Topography (“ANT”) survey at the Montauban project. This marks the second phase of the survey, building on initial findings that revealed a deep and expanding mineralized corridor extending to approximately 900 meters and over at least 2 kilometers of strike length. Once finalized, the survey will help define high-priority drill targets for future exploration while further assessing the size, shape, and continuity of mineralized anomalies on the property.
For company information, visit the company’s website at www.ESGold.com.
NOTE TO INVESTORS: The latest news and updates relating to ESAUF are available in the company’s newsroom at https://ibn.fm/ESAUF
