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ESGold Corp. Presents in Red Cloud's Virtual Webinar Series
Newsfile· 2025-11-21 12:30
Core Insights - ESGold Corp. is hosting a live virtual corporate update on November 24, 2025, at 2:00 PM ET, inviting shareholders and interested parties to participate [1] - The company is focused on a scalable clean mining model across North and South America, with its flagship Montauban Gold-Silver Project in Quebec under construction and production expected in 2026 [2] - ESGold is also pursuing a joint venture in Colombia for tailings reprocessing and exploration in a prolific gold region [2] Company Overview - ESGold Corp. (CSE: ESAU) is a fully permitted and funded pre-production mining company [2] - The company aims to create long-term shareholder value through a dual-track strategy of immediate cash flow and future discovery [2] Event Details - The webinar will include a live Q&A session moderated by Red Cloud Financial Services, with a replay available to registrants and on the Red Cloud website [2]
ESGold Completes Montauban Mill Building Construction and Moves Toward Production Readiness
Globenewswire· 2025-11-10 13:00
Core Insights - ESGold Corp. has completed the main mill building at the Montauban Gold-Silver Project in Quebec, marking a significant milestone towards production [1][2][6] - The company is now transitioning to equipment procurement and installation, moving into the commissioning phase [2][4][5] - ESGold anticipates first gold and silver production from Montauban in 2026 [5] Facility Completion - The mill building structure, concrete flooring, and interior divisions are fully completed, including the on-site gold room and laboratory for metallurgical testing [2][3] - The completion of the facility allows ESGold to focus on sourcing and installing processing equipment necessary for the Merrill Crowe circuit [4] Equipment Procurement - ESGold has initiated procurement of processing equipment, including clarifying tanks, filtration units, and vacuum systems [4] - The company plans to move into system integration and commissioning once all components are received [4] Exploration Planning - ESGold's geological team is finalizing a comprehensive 3D geological model for the Montauban district, which will guide future exploration and drilling [7] - The model integrates various data types to refine drill targets and identify deeper mineralized structures [7] Economic Assessment - The Updated Preliminary Economic Assessment (PEA) indicates a robust economic outlook with an after-tax NPV (5%) of C$24.27 million and an after-tax IRR of 60.3% [10] - The project is expected to have a payback period of less than two years from the start of production, highlighting strong project economics [10] Strategic Positioning - ESGold is well-positioned to transition from construction to commissioning, with funding secured and construction complete [8] - The company aims to create a long-term platform for growth and value creation for shareholders [6][12]
ESGold Reports Positive Results from Colombian Tailings
Globenewswire· 2025-10-14 11:00
Core Insights - Initial testing confirms favorable gold and silver recoveries from historical tailings using a simple, low-reagent gravity circuit, validating ESGold's clean, low-cost extraction model and supporting future pilot and expansion plans [1][3] - The results indicate strong potential economics through a clean extraction process, with further optimization expected to enhance recovery rates [3][6] - The company is advancing its pilot work and assessing additional sources of higher-grade feed in the Bolívar region of Colombia [3][5] Economic Significance - The development concept leverages surface materials that have undergone ore treatment, potentially shortening the path to cash flow by avoiding drilling, blasting, and haulage [4] - Preliminary results are not production forecasts and are insufficient to demonstrate economic viability at this stage [4] Next Steps - ESGold will focus on parameter optimization, confirmatory sampling, and pilot-scale testing on site in Colombia to refine recoveries and finalize the modular flowsheet design [5] Investor Relevance - Early metallurgical results validate ESGold's strategy of identifying low-CapEx, high-margin opportunities, enhancing the company's long-term growth outlook [6] - The combination of near-term production from the Montauban project and the potential operation in Colombia positions ESGold as a sustainable emerging producer in the gold and silver sector [6] Metallurgical Results - Representative feed grades show mean analyzed values of approximately 4.88 g/t Au and 35.7 g/t Ag, with recoveries varying by test, achieving up to 52% Au recovery in one instance [7] - Average gravity concentrate grades were approximately 59 g/t Au and 193 g/t Ag across tests, with a mass pull of about 2.8% of feed reported to gravity concentrate [7]
ESGold Announces Closing of C$8.0 Million Brokered LIFE Offering
Newsfile· 2025-09-18 13:30
Core Points - ESGold Corp. has successfully closed a private placement offering, raising gross proceeds of C$8,000,000 through the sale of 10,666,667 units at a price of C$0.75 per unit [1][2] - Each unit consists of one common share and one warrant, with the warrant allowing the purchase of an additional common share at C$1.10 until September 18, 2028 [2] - The net proceeds will be utilized for advancing the Montauban Project in Québec and for general working capital [3] Offering Details - The offering was conducted under National Instrument 45-106, allowing for the issuance of units to Canadian and U.S. purchasers [4] - The agent for the offering, Red Cloud Securities Inc., received cash fees of C$460,867.50 and 614,490 broker warrants, which are also exercisable at the offering price until September 18, 2028 [5] - The securities issued are not registered under the U.S. Securities Act and cannot be sold to U.S. persons without proper registration or exemption [7] Company Overview - ESGold Corp. is a pre-production resource company focused on clean mining and exploration, with its flagship Montauban property located 80 kilometers west of Quebec City [10] - The company aims to combine near-term production with district-scale discovery potential, emphasizing responsible mining practices [10]
ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Pioneering Innovative Mining Approach, Demonstrating Next-Gen Processing Capabilities
GlobeNewswire News Room· 2025-08-28 12:30
Core Insights - ESGold Corp. is positioned as a leader in clean mining and resource recovery, focusing on transforming mining waste into profitable operations while addressing environmental concerns [1][4][5] Company Overview - ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) is a fully permitted, preproduction resource company specializing in clean mining and exploration innovation [5] - The company is advancing its projects toward production and feasibility, aiming to deliver long-term value through sustainable resource recovery [5] - ESGold's flagship Montauban property, located 80 kilometers west of Quebec City, exemplifies responsible mining practices with potential for near-term production and district-scale discovery [5] Industry Context - Traditional mining operations in Colombia have left behind significant volumes of tailings, which were previously considered worthless but contain substantial reserves of precious metals [3] - The innovative extraction methods being developed by ESGold Corp. present an opportunity to recover previously unrecoverable gold and silver while addressing long-standing environmental issues [3][4]
ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Pioneering Innovative Mining Approach, Demonstrating Next-Gen Processing Capabilities
Globenewswire· 2025-08-28 12:30
Core Insights - ESGold Corp. is highlighted for its innovative approach in transforming mining waste into profitable operations while addressing environmental concerns [1][4] - The company is positioned at the forefront of clean mining and exploration innovation, with a focus on sustainable resource recovery [5] Company Overview - ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) is a fully permitted, preproduction resource company specializing in clean mining practices [5] - The flagship Montauban property, located 80 kilometers west of Quebec City, exemplifies responsible mining practices and has significant production and exploration potential [5] Industry Context - Traditional mining operations in Colombia have left behind large volumes of tailings, which contain previously unrecoverable precious metals [3] - ESGold's advanced extraction methods present an opportunity to recover gold and silver while mitigating long-standing environmental issues [3][4]
NetworkNewsAudio Announces Audio Press Release (APR) on Emerging Powerhouse in Gold Industry
Globenewswire· 2025-06-06 12:30
Core Insights - ESGold Corp. has successfully closed C$3.45 million financing to advance its Montauban Project towards production, marking a pivotal point for the company [1] - The company has begun on-site construction and assembly at Montauban, targeting near-term cash flow within the next six months [2] - ESGold aims to transform Montauban into one of Canada's next active gold and silver operations, with production targeted for Q4 [3] Company Overview - 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 [4] - The Montauban property serves as a model for responsible mining practices, combining near-term production with district-scale discovery potential [4]
ESGold Appoints Mining Executive Peter Espig to Board of Directors
Globenewswire· 2025-05-01 12:30
Core Insights - ESGold Corp. has appointed Peter Espig, a veteran mining executive and former global investment banker, to its Board of Directors as it moves towards gold production in 2025 [1][2][6] Company Overview - ESGold is advancing its fully permitted Montauban Gold-Silver Project in Quebec, transitioning from an exploration-stage junior to a producer [2][8] - The company is focused on clean mining and exploration innovation, with a commitment to responsible mining practices [8][9] Leadership Profile - Peter Espig has extensive experience in global capital markets and operational mining, having participated in over $10 billion in structured deals at Goldman Sachs [3] - He has successfully led Nicola Mining Inc. out of creditor protection, achieving a ten-fold increase in market capitalization [4][5] Strategic Direction - ESGold is targeting first gold and silver production by late 2025, with ongoing mill circuit construction at Montauban [8] - The company is updating its Preliminary Economic Assessment (PEA) to reflect stronger gold and silver prices [8] - A 3D geological modeling project is underway to enhance exploration strategies [8] Leadership Commentary - The CEO of ESGold expressed enthusiasm for Espig's appointment, highlighting his combination of finance and operational mining experience as crucial for the company's growth [6] - Espig emphasized the transformational phase ESGold is entering, with a focus on scalable and sustainable production [7]