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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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Comment by allain250on Oct 20, 2017 10:32am
42 Views
Post# 26836356

RE:Feasibility done on Sphinx project

RE:Feasibility done on Sphinx projectCould you provide a brief overview of Tres-Or and the evolution of the company over the last years? Tres-Or’s joint venture with Aurizon Mines ended in April 2013 on its takeover by Hecla Mining. However, we benefited from our work with Aurizon, having C$2.4 million of exploration work completed on our Duvay and Fontana assets as well as receiving C$1 million in cash payments during the life of the agreement. Since then, Tres-Or has secured a 25% interest in Fontana, which contains approximately 160,533 ounces of gold, and holds an option to acquire the remaining 75%. Tres-Or has optioned the Duvay project, which contains a historic resource of approximately 6.65 million mt grading 2.06 g/mt Au. A 5,250-meter drill program is proposed this winter to prove-up a geologic model and expand mineralization along strike. Tres-Or has been advancing on our diamond project in Qubec, specifically the Guigues kimberlite pipe, which is a five to seven hectare pipe. Based on the Guigues indicator chemistry, we understand its similarity to the Victor Diamond Mine. Guigues will require a large test, so instead of looking for a significant number of micro diamonds in single drill holes, we will be focusing on a larger sample to test for diamond content. Indications from our chemistry suggest the Guigues pipe will likely be a low-grade, high tonnage diamond deposit, delivering high-valued stones. TresOr intends to raise funds to drill Guigues to establish if the pipe has the potentiahttp:

//gbreports.com/wp-content/uploads/2016/11/Quebec-Mining-2016-WEB.pdf




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