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NetworkNewsAudio Announces Audio Press Release (APR) on Rare, Near-Term Path to Mining Success in Colombia
Newsfilter·2025-08-29 12:30

Group 1 - ESGold Corp. has announced a joint venture with Planta Magdalena S.A.S. for the development of a gold and silver project in Colombia's Department of Bolívar, indicating strategic planning in a mining-rich region [1][2] - The company will invest C$1.5 million for a 50% interest in the joint venture, with an option to purchase the remaining 50% within 12 months at fair market value [2] - Planta Magdalena holds the necessary permits to commence production, providing ESGold with a near-term opportunity to expand its operations alongside its existing Montauban project in Quebec [2] Group 2 - ESGold Corp. is a fully permitted, preproduction resource company focused on clean mining and exploration innovation, with a flagship property located 80 kilometers west of Quebec City [3] - The Montauban property serves as a model for responsible mining practices, combining near-term production with potential for district-scale discoveries [3]