Core Viewpoint - ESGold Corp. has successfully delivered its Humphrey spiral concentrators to the Montauban site, marking a significant milestone in its construction timeline as it advances toward production of gold, silver, and mica from historic tailings [1][8]. Company Progress - The gravity separation circuit is designed to process up to 1,000 tonnes per day (TPD) of tailings, converting them into a marketable mica concentrate while also recovering gold and silver [2][6]. - The installation of the gravity separation system is a foundational step for ESGold, positioning the company to become one of Canada's next gold and silver mining entities [5][9]. - The Humphrey Spirals are recognized for their efficiency and low operating costs, operating without chemical reagents, making them suitable for high-throughput tailings reprocessing [6][7]. Future Outlook - ESGold is focused on disciplined execution and operational readiness, with an updated Preliminary Economic Assessment (PEA) expected to outline enhanced project economics based on current metal prices [8][12]. - The company remains on track for first production by the end of 2025, with ongoing construction and key infrastructure in place [12].