ESGold to buy 44 mineral claims in Quebec's Montauban region

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ESGold ( ESAUF ) on Tuesday said it has signed definitive agreements to acquire 44 mineral claims covering about 2,448 hectares in Quebec's Montauban region. Co. claims expand company's land position around Montauban gold-silver project. Historical exploration in acquired areas identified gold, silver, copper, and zinc mineralization Deal follows memorandum of understanding announced in May. Historical earnings data for ESGold Corp.

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ESGold has signed a definitive agreement to acquire 44 mining claims in the Montauban region, Quebec. This acquisition secures approximately 2,448 hectares of additional land, significantly expanding the scale of its existing gold and silver projects. Historical exploration data indicates the presence of key minerals such as gold, silver, copper, and zinc, raising expectations for future production growth.

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The acquisition strategically enhances ESGold's footprint in a historically productive mining area. By consolidating 2,448 hectares, the company gains significant operational leverage. The presence of multi-metallic deposits diversifies their resource base, mitigating risks associated with reliance on a single commodity while positioning the company for long-term production scalability.

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