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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

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Post by allain250on Aug 10, 2017 3:25pm
98 Views
Post# 26567590

Duvay History 402 G/T WOW!!!!!

Duvay History 402 G/T WOW!!!!!

The Duvay Advanced Gold Project consists of a strategic land position covering 132 claims (totaling approximately 5,000 hectares) surrounding its advanced Duvay gold property, located in the Abitibi Greenstone Belt about 17 km northeast of Amos, in Duverny township, Quebec. Tres-Or has an option to earn 100% interest in the Duvay gold property, and holds 100% interest in the Duvay Nord, East Mac and East Mac Sud properties , subject to underlying royalties, collectively the Duvay Gold Project.

 

 

Gold was discovered on Tres-Or's Duvay property in the 1930s.    Subsequent stripping, test pits, and drilling the 1940s, 1980s, and 1990s returned sample results and drill intervals including samples of up to 402 grams per tonne (g/t) gold (Au) over 0.36 m, 76.8 g/t Au over 0.46 m, 34.6 g/t Au over 0.43 m, 12.01 g/t Au over 1.53 m, 27.17 g/t Au over 1.14 m, and 16.598 g/t Au over 1.76 m from the Duvay property as reported in Quebec government mineral showing files.  

Tres-Or cannot confirm these historic results due to the age of the reports, therefore is currently undergoing an exploration and evaluation program focused on drilling and small test pits.  
 

Tres-Or has completed the first stage of field work preparatory to planning and initiating an evaluation program to acquire its interest by staged expenditures and establishment of a gold resource compliant with National Instrument 43-101.  Completed field work includes sampling, detailed structural mapping, 13 diamond drill holes, a high-resolution ground magnetic survey and preliminary modeling of the Duvay Property.   The structural mapping identified intersecting compressional and extensional deformation zones associated with the historical high grade reported sample results.   These structural intersections are priority target areas for the planned drill and pit sample programs.

Results of 18 selected surface samples collected during the structural mapping returned high gold, silver and copper concentrations as well as significant zinc.   The samples were selected outcrop samples collected to confirm mineralization during structural mapping.   Samples yielding >1.0 g/t gold were collected over a 500 m strike length, including both shear and quartz veins.   The highest gold concentrations in these samples are 199 g/t gold, 130 g/t gold and 3.01 g/t gold.   In the other 15 samples, gold values ranged between detection limit and 1.2 g/t gold.   Two closely spaced chip samples (over lengths of approximately 0.5 m) yielded 1.07 g/t and 1.12 g/t gold, respectively.   In addition, the sample with the most gold (at 199 g/t gold) also carried 104 g/t silver, 4.55% copper and 0.75% zinc.   Other samples returned between detection limits and 1.31% copper and up to 45.8 g/t silver and 1.61% zinc.

The high gold concentrations from Tres-Or's samples compare well with historical results of up to 402 g/t gold over 0.36 m as mentioned above.   Tres-Or cannot confirm the historical drill results, but the new Tres-Or surface sample results are consistent with such high gold concentrations from drill core.   No previous silver, copper or zinc has been reported from the Duvay Gold Project.

Tres-Or collected 19 surface and channels at Duvay, ranging from 0.60 to 15.00 m in length.   The channel samples were cut with a rock saw across exposed bedrock to test different types of shear zones, quartz veins, and fault structures detected during surface mapping.   Channels longer than 1.0 m were sampled in lengths typically 1.0 m, although individual samples may measure from 0.46 to 1.40 m.   Two channels yielded significant gold.   Composite sample 36947-36954 yielded 0.64 g/t gold over 8.00 m, including a higher grade interval of 1.65 g/t gold over 2.98 m.   This channel is located at the intersection of west-northwest shear zone with a strong northeast fault, and between historical pit samples from 1986 that yielded 1.1 g/t gold from 1008 tonnes, and 2.81 g/t gold from 1100 tonnes.

Bulk sample tests of coarse gold have been reported at the Tres-Or Duvay Gold Project since the 1940's.   Review of these bulk tests reveals significant gold mineralization over a strike length of more than 500 m, based on historical records in reports filed with the Quebec government.   Some of the best reported bulk sample results are located close to the major northeast fault as mapped by Tres-Or.   These bulk sample results include a 1946 test of 40 tons yielding 7.1 g/t gold, and two 1986 tests yielding 1.10 g/t gold from 1008 tonnes, and 2.81 g/t gold from 1100 tonnes, respectively.   Another significant result is bulk sample 86-1 which yielded 12.81 g/t gold from 1194.4 tonnes from near Tres-Or's surface samples which yielded 1.07 g/t gold and 1.12 g/t gold.

The reported location of the larger bulk sample tests fit closely with pits visible on the orthophoto image in Tres-Or's GIS database, supporting the reported undertaking of these bulk tests.   Tres-Or cannot confirm the reported pit sample results and true widths cannot be estimated at this time for the historical test pits or the reported drill intersections due to the historical nature of the reports.   As with the historical results described above, neither true widths nor continuity can be estimated for the mineralization confirmed by Tres-Or's channel samples at this time, but the samples combined with the Tres-Or surface samples confirm gold mineralization occurs over more than 700 m strike length within the dominant shear zone at Duvay.

Drilling commenced at Duvay in January 2011 targeting major shear zones and fault structures identified by the fall 2010 mapping program.   Tres-Or completed 13   drill holes (1233 metres) and has shipped ½ split drill core samples to the lab for analyses.   Assay results will be compiled and reported when available.  

Tres-Or has commenced a program of small bulk tests at Duvay to account for coarse gold.  Ten bulk test pits have been permitted, with each designed to yield at least 10 tonnes of finely broken rock. The excavated sample material will be processed on site for coarse gold and a sulphide concentrate which will be assayed.  The building to house the processing equipment has been completed on site, and is being fitted out now.

 

East Mac Project

In conjunction with the Duvay exploration, Tres-Or is also exploring the East Mac property which is located 7 km south of Tres-Or's advanced Duvay Gold Project.   Quartz veins carrying gold and silver were discovered on the property in the 1930's which Quebec government reports indicate led to construction of a shaft.   Historic drill results filed with the Quebec government report drill intersections of 1481.9 g/t silver and 2.4 g/t gold over 0.1 m and 12.3 g/t gold over 0.2 m.   Tres-Or prospected, mapped and collected two samples near the site of the old shaft.   These two samples returned high gold, silver and lead concentrations as well as anomalous copper.

The highest concentrations in one of the Tres-Or samples taken from the dump pile near the old shaft are 10.5 g/t gold, 345 g/t silver and 1.14% lead.   The second sample collected from an outcropping quartz vein returned 62 g/t silver along with anomalous values of gold and other metals.

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