ESGold - CEO, Jean Yves Therien
CEO, Jean Yves Therien
Source: LinkedIn
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  • ESGold Corp. (ESAU) has met all the objectives for the initial sampling program on its Ottawa River Project
  • The company executed the sampling program over an eight-day period starting from July 18 to July 25, 2022
  • A total of sixty-one 2kg samples were extracted by the Soderholm Maritimes Services Inc. divers along the six grid lines that ESGold established
  • ESGold Corp. is a Canadian resource exploration and processing company
  • ESGold Corp. (ESAU) was up 6.67 per cent, trading at $0.08 at 11:58 ET

ESGold (ESAU) reports that it has met all the objectives for the initial sampling program on its Ottawa River Project.

The company executed the sampling program over an eight-day period starting from July 18, 2022 and completing at noon on Monday July 25, 2022.

On the whole, sixty-one 2kg samples were extracted by the Soderholm Maritimes Services Inc. divers along the six grid lines that ESGold established to accurately locate the source of the samples.

In addition, the company extracted four tonnes of bulk sample materials.

The bulk sample locations were identified by using the preliminary bathymetric surveys commissioned by ESGold, who engaged Geophysique GPR International Inc. to conduct a three-part bathymetric mapping survey of the Ottawa River project.

Once recovered, the 2 kg samples were sealed, tagged and sent directly to MS Labs located in Val D’Or, Quebec for non-destructive analysis of mineral content.

The company expects to receive the analysis of the samples within the next three weeks.

“This was an extremely successful operation with all parties working well to execute this sampling phase of ESGold’s Ottawa River Project,” noted Jean Yves Therien, CEO of ESGold.

“Not only were we able to extract what appears to be very interesting samples, we were able to do this while maintaining the company’s commitment to a clean, safe and non-intrusive work environment while using best-practice procedures to properly record and process the samples according to all regulatory standards.”

The intent of this initial phase of work was to establish the potential of recoverable salable materials from the riverbed,” he added.

ESGold Corp. is a Canadian resource exploration and processing company.

ESGold Corp. (ESAU) was up 6.67 per cent, trading at $0.08 at 11:58 ET.


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