- ESGold has completed installation of Humphrey Spirals at its silver and gold Montauban Project in Quebec.
- The company has finalized its Preliminary Economic Assessment (“PEA”), based solely on tailings material, and additional corporate updates and data releases are anticipated in the coming weeks.
- Spiral circuit concentrate testing is now underway, with results expected in the coming weeks, and a comprehensive 3D geological model is being built from seismic and historical data.
- With the high price of gold, the company sees itself as offering the potential of a lower-cost entry into gold exposure with a higher return.
ESGold (CSE: ESAU) (OTCQB: ESAUF), a fully permitted, pre-production gold and silver company, has provided a detailed update on construction progress and technical developments at its flagship Montauban Project in Quebec. The company is entering a critical phase of development that will define the operational and economic viability of this important pre-production gold and silver operation (https://ibn.fm/abPvq).
A significant milestone was the successful installation of the Humphrey Spirals, a key part of the gravity separation system designed to process historical tailings. This equipment, now on-site and operational, supports throughput of up to 1,000 tonnes per day, establishing the baseline for future output capacity.
The company has initiated concentrate testing on tailings material. Samples have been sent for lab analysis to validate the metallurgical characteristics of the feedstock. The results will inform optimization strategies for recovery rates and reagent efficiency. These findings are expected before the end of…
NOTE TO INVESTORS: The latest news and updates relating to ESAUF are available in the company’s newsroom at https://ibn.fm/ESAUF
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