ESGold Corp. Nears Production at Montauban Project with Key Milestones Achieved

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) has announced critical progress at its Montauban Project in Quebec, marking a significant step toward first production. The installation of Humphrey Spirals, essential for the plant's gravity separation circuit, has been completed, enabling the processing of up to 1,000 tonnes per day of historic tailings for the recovery of gold, silver, and mica. This development is pivotal for the project's scalability and efficiency in resource recovery.

Lab testing is currently underway to refine the spiral circuit concentrate, aiming to enhance recovery rates and minimize reagent use. The results, expected this month, could set a new benchmark for sustainable mining practices. Additionally, ESGold has finalized its Preliminary Economic Assessment, focusing solely on tailings material, with plans to release the findings shortly. This assessment is anticipated to provide valuable insights into the project's economic viability and environmental impact.

The company is also preparing to publish results from its Ambient Noise Tomography survey and a new 3D geological model that integrates seismic and historical data. These advancements underscore ESGold's commitment to leveraging cutting-edge technology for responsible mining. CEO Paul Mastantuono highlighted the coming weeks as crucial for the project, emphasizing the company's goal to establish a scalable, clean redevelopment model for legacy mining sites. This approach not only promises to revitalize underutilized resources but also aligns with global sustainability objectives, making the Montauban Project a noteworthy example of innovation in the mining sector.