ESGold Corp Advances Montauban Project with Gravity Separation Technology for Sustainable Gold Recovery
TL;DR
ESGold's successful delivery of Humphrey spiral concentrators enhances gold and silver recovery efficiency, boosting competitive advantage.
ESGold's gravity separation circuit at Montauban site ensures efficient gold and silver recovery from historic tailings, supporting low-impact tailings-to-cash flow model.
ESGold's clean mining innovation and sustainable resource recovery at Montauban property contribute to responsible mining practices and long-term value creation.
ESGold's progress on construction, PEA update, and 3D geological model release showcases commitment to innovation and environmental responsibility in the mining industry.
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ESGold Corp has reached a critical development stage at its Montauban project in Quebec, installing Humphrey spiral concentrators to enable gravity separation for gold and silver recovery from historic tailings. The company's innovative approach targets a processing throughput of up to 1,000 tonnes per day, representing a key component of its clean mining strategy. CEO Paul Mastantuono confirmed that construction is progressing according to schedule, with first production still anticipated by the end of 2025.
The project highlights ESGold's commitment to sustainable resource recovery, leveraging proven expertise in Quebec's mining landscape. The gravity separation circuit installed at the site demonstrates the company's focus on low-impact mining techniques. By targeting historic tailings, ESGold is not only creating a potential revenue stream but also implementing an environmentally conscious approach to resource extraction. This method represents a significant advancement in responsible mining practices within the Canadian mining sector.
The milestone comes amid a robust period for Canadian gold production. Canada currently ranks as the fourth-largest gold-producing nation globally, with major companies like Barrick Gold, Kinross Gold, and B2Gold reporting strong first-quarter results in 2025. This positive industry backdrop provides favorable conditions for ESGold's development timeline and future production capabilities at the Montauban property.
ESGold is further advancing its project by preparing an updated Preliminary Economic Assessment and plans to release a comprehensive 3D geological model in the coming weeks. The Montauban property, located 80 kilometers west of Quebec City, represents a strategic asset with near-term production potential and broader district-scale exploration opportunities. The company's approach to reprocessing historic tailings using gravity separation technology positions it at the forefront of sustainable mining innovation in Quebec's established mining jurisdiction.
Curated from InvestorBrandNetwork (IBN)
