ESGold Corp. Advances Montauban Project with Gravity Separation System Installation and Technical Developments

ESGold Corp. has announced significant progress in the construction and technical development of its Montauban Project in Quebec, a pre-production gold and silver operation. The completion of Humphrey Spirals installation represents a critical advancement in the gravity separation system, allowing the processing of historical tailings at capacities reaching 1,000 tonnes per day. This milestone establishes foundational infrastructure for the project's future production capabilities and positions ESGold to efficiently recover precious metals from previously processed material.

The company has finalized its Preliminary Economic Assessment focusing exclusively on tailings material, with additional updates and data releases expected shortly. Current testing of spiral circuit concentrates is underway, with results anticipated to inform optimization strategies for improving recovery rates and reagent efficiency. These technical developments form part of ESGold's broader strategy to leverage the current favorable gold price environment, potentially offering investors exposure to gold with lower capital requirements and enhanced return potential compared to traditional mining operations.

Further strengthening the project's technical foundation, ESGold is developing a comprehensive 3D geological model utilizing both seismic and historical data. This modeling work enhances understanding of the mineralized systems and supports more efficient resource extraction planning. The collective progress at the Montauban Project demonstrates ESGold's commitment to advancing toward operational viability while implementing modern processing technologies. For additional details about these developments, visit https://ibn.fm/abPvq.

The advancements at Montauban carry significant implications for the gold and silver mining sector, particularly in the realm of tailings reprocessing. By focusing on historical tailings material, ESGold addresses both economic opportunity and environmental considerations associated with legacy mining sites. The project's progression toward production capability comes at a time when gold prices remain elevated, potentially offering favorable economics for operations that can achieve efficient recovery from previously processed materials. These developments position ESGold to contribute to the evolving landscape of sustainable mining practices while capitalizing on current market conditions.