ESGold Corp Advances Montauban Project with New Director Appointment and Construction Milestones

ESGold Corp., a pre-production gold and silver company, has taken significant steps in advancing its Montauban Project in Quebec by appointing a new board member and progressing with site construction. The company issued 500,000 restricted share units to Peter Espig, a director with extensive experience in project finance and transitioning junior mining companies to producers. This strategic appointment signals the company's focus on developing a robust and efficient path to production as it moves closer to becoming an active gold and silver producer.

The company confirmed that construction at its Montauban processing site is proceeding on schedule, with a key milestone being the upcoming delivery of Humphrey Spirals that will be critical to the site's gravity recovery circuit. ESGold remains committed to its production timeline, targeting commercial production by the end of 2025. The ongoing construction progress and strategic leadership changes demonstrate ESGold's commitment to sustainable resource recovery and exploration in the Quebec mining landscape.

Located 80 kilometers west of Quebec City, the Montauban property represents a strategic asset for ESGold and is positioned as a model for responsible mining practices that balances near-term production goals with significant district-scale discovery potential. Espig's expertise in project finance and corporate development is expected to provide valuable insights during this critical development phase as the company works to establish itself as a significant player in Quebec's mining sector.

The combination of strategic leadership appointments and tangible construction progress underscores ESGold's methodical approach to project development. The company's focus on both immediate production objectives and long-term exploration potential reflects a comprehensive strategy for sustainable growth in the competitive mining industry. As construction continues according to schedule and new leadership brings additional expertise, ESGold appears well-positioned to advance its Montauban Project toward its stated production goals while maintaining its commitment to responsible mining practices.