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New ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) CEO Discusses Background, Outlines Direct Revenue Building Strategy, Offers Forecast for Gold Market

  • Vancouver-based ESGold recently announced a leadership transition, as new CEO Gordon Robb comes aboard and former CEO Paul Mastantuono moves into COO position
  • The new CEO talked about how the company’s near-term cash flow strategy, moving right to production from processing historic tailings, funding future exploration, is a more attractive opportunity to a risk-off investor market
  • ESGold expects to begin mill circuit production on a tailings cleanup project later this year at an abandoned mine in Quebec
  • The company holds 265 mining claims on the historic Montauban mine site and expects the tailings cleanup to both improve the environment and generate revenue for new gold exploration

Using a clean mining model that expects to deliver returns through both production and discovery, ESGold (CSE: ESAU) (OTCQB: ESAUF) is building the machinery that will drive the company toward that goal.

On July 2 ESGold announced a change in its leadership to help refine the company’s buildup to production in the first phase of its revenue-generating plan, which will entail tailings cleanup and sale of a resulting mineral concentrate at an abandoned mine in Quebec, 80 kilometers (49.7 miles) west of the…

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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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