ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Positioned to Deliver Scale, Upside in Attractive Mining Equities Space
Globenewswire·2025-10-09 12:30

Core Insights - The article highlights the rising gold prices and the weakening U.S. dollar, indicating a shift towards gold as a safe investment amid economic uncertainty [3]. - ESGold Corp. is positioned to capitalize on the current market conditions with a fully funded plan and near-term revenue potential, targeting production in 2026 [4]. Industry Overview - Gold prices have recently surpassed $3,800 per ounce, driven by expectations of Federal Reserve rate cuts and a declining dollar [3]. - Silver has also reached its highest level in 14 years, with central banks accumulating record volumes of gold since 2022, reflecting a trend towards dedollarization [3]. Company Profile - ESGold Corp. is a preproduction resource company focused on clean mining and exploration, with its flagship Montauban property located 80 kilometers west of Quebec City [5]. - The company aims to deliver sustainable resource recovery and exploration while advancing its projects towards production and feasibility [5].