ESGold (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D), a company committed to the acquisition, exploration, and development of high-quality mineral properties worldwide, recently inked a C$9 million binding term sheet with Ocean Partners UK Ltd. An article discussing this reads, “This agreement bolsters the company’s financial position, while affording it flexibility as it continues to explore and advance its Montauban Gold-Silver Project in Quebec. It is an incredible milestone that guarantees a stable, long-term sales channel for all its gold and silver dore, while further creating certainty around revenue realization and reinforcing the project’s economic foundation.”
“The Montauban project boasts a rich mining history dating back to the early 1900s. Located just 80km west of Quebec City, this facility combines immediate revenue potential for ESGold with transformational exploration upside. So far, the company has invested over C$15 million in infrastructure, including power access, roads, and a 20,000 sq. ft. processing facility, demonstrating its confidence in the facility and its economic potential… With this agreement, ESGold is now a fully funded company with the financial strength, strategic partnerships, and operational readiness to meet its 2026 Montauban production deadline. It also positions it ahead of competitors while further validating the company’s strategy of advancing permitted, low-capex projects designed to generate high-margin returns while minimizing dilution.”
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About ESGold Corp.
ESGold is a fully permitted, pre-production resource company at the forefront of clean mining and exploration innovation. With proven expertise in Quebec, the company is advancing its projects toward production and feasibility while delivering long-term value through sustainable resource recovery and exploration. ESGold’s flagship Montauban property, located 80 kilometers west of Quebec City, serves as a model for responsible mining practices, combining near-term production with district-scale discovery potential.
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