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ESGold Corp C.ESAU

Alternate Symbol(s):  SEKZF

ESGold Corp is a Canada-based resource exploration and processing company. The Company’s advancing gold exploration projects into acquisition targets, most notably in the province of Quebec. Its principal restoration and recovery project is the Montauban property situated in Quebec, just 80 kilometers west of Quebec City. The mineral claims comprising the Montauban property (the Property) are located in southern Quebec, 120 kilometers (km) west of Quebec City and 80 km northeast of Trois-Rivieres. It holds approximately 226 mining claims totaling approximately 10,830 hectares on the Montauban Property. The Eagle River Property consists of approximately 141 mineral claims located in the north-western limit of the Mauricie area in Quebec Province, totaling approximately 7,972 hectares. It holds a 50% interest in the Ottawa River Project.


CSE:ESAU - Post by User

Bullboard Posts
Post by allain250on Jul 23, 2017 1:42am
216 Views
Post# 26498782

From kingsely

From kingsely
Kingsley 2) Duvay is one of those projects that's been never developed the proper way. Historical work dating over 40 years, with over 500 drill holes, bulk sampling, a mine shaft and visible gold reported throughout the project. When Aurizon did the option deal with Tres-Or (at a huge premium to what $SEK managed to do) they were going to properly develop the project but then the hostile takeover bid came and then Hecla's shining knight offer came. That tied up the company for over a year. Hecla got what they wanted, the Casa Berardi production. Duvay option got dropped. Aurizon's bought out CEO asked Kitchen why he doesn't do what he did with the Windfall Lake project to the Duvay. Here we are almost 2.5 years later and the first drilling program for Secova commences.
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Kingsley 3) Secova's positioning couldn't have been more better orchestrated. Nov last year based on Kitchen's intimate knowledge of the Windfall Lake project Secova staked a small but very strategic position. Before all the money in the district was raised, before $OSK decided to drill 400,000 metres, before any of the hype. Why? Because it was Kitchen's backyard with the Windfall Lake project. Take a look at this very first map of the first piece of claims the company grabbed in Nov: https://cdn.ceo.ca/1cn4as7-SEK%20-%20Eagle%20River%20Map.JPG+
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Kingsley 4) Today, Secova is the second largest land holder in the Urban Barry Windfall Lake gold district AND nobody even knew about the anomalies that were first identified by Longford Exploration's geophysicist that warranted the company to immediately hire Geotech to fly their VTEM Plus survey over the targeted area: https://cdn.ceo.ca/1cn4av0-SEK_Windfall_Area_VTEM_Outline_20170705.jpg. Notice something? Well if you look at the first map I posted in (3) and this map in (4) that first area of claims $SEK acquired turns out to be pretty similar to where we just completed flying the VTEM.
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Kingsley 5) The last few months our team and team of consultants have been acquiring all of the historical data from the Duvay/Chenier area. Why? Because after Secova's previous geologist left for different fields he didn't leave the company much to work with. Silver Lining: after the last few months having our team of geologists work through all the data we now have an even clearer picture of the Phase 1 & Phase 2 programs for the project. Heck, we even came across some very promising bulk sampling results which could give us confidence to start trial mining.
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Kingsley Secova mining? really? why? how? Well it was started on the Duvay before about 25 years ago. Secova can't locate all of this historical data so please for now revert to this: NORTHERN MINER: Sphinx heap-leachs gold in Quebec https://www.northernminer.com/news/sphinx-heap-leachs-gold-in-quebec/1000154726
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Kingsley With golds spot price hovering around $350/oz in 1991 and Secova now working on x6 the size of property that Sphinx had .. I'll leave you with some of this information to continue your due diligence. We are always available to discuss the company at 604-558--5397
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Kingsley Unfortunately, with the gold price and lack of money Sphinx closed their corporation without having the opportunity to build the Duvay dream. BTW I have heard a few individuals now compare the Duvay project to the Malartic deposit. maybe that's what David saw with the Duvay after previously working for Malartic Hygrade Gold Mines.

Bullboard Posts