- ESGold Corp., a pre-production stage company committed to the acquisition, exploration, and development of high-quality mineral properties worldwide, moves toward long-term operations processing historic tailings following the recent two rounds of funding for its Montauban gold/silver project
- Processing development at the facility remains on track, with infrastructure and building completion set for mid-Q4, 2025
- ESGold’s management believes that the development of Montauban’s tailings processing capabilities is set to generate high-margin revenues and minimize dilution, while allowing the company to move forward with its encouraging gold/silver discovery efforts
ESGold (CSE: ESAU) (OTCQB: ESAUF), a pre-production stage company committed to the acquisition, exploration, and development of high-quality mineral properties worldwide, just noted how transformative the months ahead will be as it builds cash flow at its Montauban facility, while further unlocking long-term discovery potential across its entire portfolio. Back in April, the company closed a C$3.45 million financing round, in addition to a C$8 million brokered life offering for the advancement of Montauban toward near-term gold and silver production (https://ibn.fm/g54yU).
According to the company’s CEO, Gordon Robb, these two rounds of funding mean that ESGold is now fully financed to complete Montauban, presenting it with an opportunity to unlock long-term value from this facility, while supporting the pursuit of promising discovery opportunities down the…
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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