ESGold Accelerates Toward Production with Construction Start at Flagship Gold-Silver Project
ESGold Corp (OTCQB: ESAUF) has commenced construction at its Montauban Gold-Silver Project in Quebec, marking a important step toward production. Following a successful C$3.45 million financing round in April 2025, the company has begun expanding its milling and processing facilities.
The construction phase includes several key initiatives: mobilization of cranes and heavy equipment, installation of mill components, deployment of a 1000-amp generator, STARLINK-enabled connectivity, security infrastructure, and an 1,800 sq. ft. mill building extension. The initial construction stage is expected to take approximately one month.
The company targets early Q4 for production start and plans to complete on-site mineralogy tests, publish an Updated Preliminary Economic Assessment, and release Ambient Noise Tomography Survey results. The Montauban site, with over 80 years of mining history, is being revitalized with clean processing technologies and advanced exploration tools.
ESGold Corp (OTCQB: ESAUF) ha avviato la costruzione del suo Progetto Montauban Oro-Argento in Quebec, segnando un passo importante verso la produzione. Dopo un successo nel round di finanziamento da 3,45 milioni di dollari canadesi nell'aprile 2025, la società ha iniziato ad ampliare gli impianti di macinazione e lavorazione.
La fase di costruzione comprende diverse iniziative chiave: mobilitazione di gru e macchinari pesanti, installazione dei componenti del mulino, messa in funzione di un generatore da 1000 ampere, connettività abilitata STARLINK, infrastrutture di sicurezza e un ampliamento di 167 metri quadrati dell’edificio del mulino. La prima fase dei lavori dovrebbe durare circa un mese.
L’azienda punta a iniziare la produzione all’inizio del quarto trimestre e prevede di completare i test mineralogici in loco, pubblicare una Valutazione Economica Preliminare Aggiornata e rendere noti i risultati del Sondaggio di Tomografia del Rumore Ambientale. Il sito di Montauban, con oltre 80 anni di storia mineraria, viene rivitalizzato con tecnologie di lavorazione pulita e strumenti avanzati di esplorazione.
ESGold Corp (OTCQB: ESAUF) ha iniciado la construcción de su Proyecto Montauban Oro-Plata en Quebec, marcando un paso importante hacia la producción. Tras una exitosa ronda de financiamiento de 3,45 millones de dólares canadienses en abril de 2025, la compañía comenzó a expandir sus instalaciones de molienda y procesamiento.
La fase de construcción incluye varias iniciativas clave: movilización de grúas y equipos pesados, instalación de componentes del molino, despliegue de un generador de 1000 amperios, conectividad habilitada por STARLINK, infraestructura de seguridad y una extensión de 167 metros cuadrados del edificio del molino. Se espera que la etapa inicial de construcción dure aproximadamente un mes.
La empresa apunta a iniciar la producción a principios del cuarto trimestre y planea completar pruebas mineralógicas en el sitio, publicar una Evaluación Económica Preliminar Actualizada y presentar los resultados de la Encuesta de Tomografía de Ruido Ambiental. El sitio de Montauban, con más de 80 años de historia minera, está siendo revitalizado con tecnologías de procesamiento limpias y herramientas avanzadas de exploración.
ESGold Corp (OTCQB: ESAUF)는 퀘벡에 위치한 몬토번 금-은 프로젝트의 건설을 시작하며 생산을 향한 중요한 단계를 밟았습니다. 2025년 4월에 345만 캐나다 달러의 성공적인 자금 조달 라운드 이후, 회사는 제분 및 가공 시설 확장에 착수했습니다.
건설 단계에는 크레인 및 중장비 동원, 제분기 부품 설치, 1000암페어 발전기 배치, STARLINK 연결 구축, 보안 인프라 설치, 167평방미터 규모의 제분동 확장 등이 포함됩니다. 초기 건설 단계는 약 한 달 정도 소요될 것으로 예상됩니다.
회사는 4분기 초 생산 시작을 목표로 현장 미네랄로지 테스트 완료, 업데이트된 예비 경제성 평가 발표, 환경 소음 단층 촬영 조사 결과 공개를 계획하고 있습니다. 80년 이상의 광산 역사를 가진 몬토번 부지는 청정 가공 기술과 첨단 탐사 도구로 재활성화되고 있습니다.
ESGold Corp (OTCQB : ESAUF) a commencé la construction de son Projet Montauban Or-Argent au Québec, marquant une étape importante vers la production. Après une levée de fonds réussie de 3,45 millions de dollars canadiens en avril 2025, la société a entamé l’agrandissement de ses installations de broyage et de traitement.
La phase de construction comprend plusieurs initiatives clés : mobilisation de grues et d’équipements lourds, installation des composants du moulin, déploiement d’un générateur de 1000 ampères, connectivité activée par STARLINK, infrastructures de sécurité et extension de 167 mètres carrés du bâtiment du moulin. La première phase de construction devrait durer environ un mois.
L’entreprise vise un démarrage de la production début du quatrième trimestre et prévoit de terminer les tests minéralogiques sur site, publier une évaluation économique préliminaire mise à jour et diffuser les résultats de l’enquête de tomographie du bruit ambiant. Le site de Montauban, avec plus de 80 ans d’histoire minière, est revitalisé grâce à des technologies de traitement propres et des outils d’exploration avancés.
ESGold Corp (OTCQB: ESAUF) hat mit dem Bau seines Montauban Gold-Silber Projekts in Quebec begonnen und damit einen wichtigen Schritt in Richtung Produktion gemacht. Nach einer erfolgreichen Finanzierungsrunde in Höhe von 3,45 Millionen kanadischen Dollar im April 2025 hat das Unternehmen mit dem Ausbau seiner Mahl- und Verarbeitungsanlagen begonnen.
Die Bauphase umfasst mehrere wichtige Maßnahmen: Mobilisierung von Kränen und schwerem Gerät, Installation von Mühlenkomponenten, Einsatz eines 1000-Ampere-Generators, STARLINK-fähige Konnektivität, Sicherheitsinfrastruktur und eine 167 Quadratmeter große Erweiterung des Mühlengebäudes. Die erste Bauphase wird voraussichtlich etwa einen Monat dauern.
Das Unternehmen plant, Anfang des vierten Quartals mit der Produktion zu beginnen und vor Ort Mineralogietests abzuschließen, eine aktualisierte vorläufige wirtschaftliche Bewertung zu veröffentlichen und die Ergebnisse der Umgebungsgeräusch-Tomografie-Studie bekannt zu geben. Der Standort Montauban, mit über 80 Jahren Bergbaugeschichte, wird mit sauberen Verarbeitungstechnologien und fortschrittlichen Erkundungswerkzeugen revitalisiert.
- None.
- None.
VANCOUVER, British Columbia, April 17, 2025 (GLOBE NEWSWIRE) -- via IBN – ESGold Corp. (“ESGold” or the “Company”) (CSE: ESAU | OTCQB: ESAUF | FSE: Z7D) is pleased to announce the commencement of on-site construction and assembly at its Montauban Gold-Silver Project in Quebec, a key milestone that moves the Company into the execution phase of its near-term production strategy.
Following the successful completion of its C
“This is the moment we’ve been working toward—breaking ground and moving decisively toward gold and silver production,” said Brad Kitchen, President of ESGold Corp. “Our team, contractors, and stakeholders are aligned and energized to deliver on our strategy. We are building a clean, scalable, and modern operation that reflects the new era of mining in Quebec. With production targeted for early Q4, Montauban is on track to become a model for sustainable redevelopment of legacy mines.”
Construction Phase Now Underway
As part of this phase, the Company has engaged a prime contractor to lead the mobilization and assembly process at Montauban. Key milestones now underway or scheduled over the coming weeks include:
- Mobilization of cranes and heavy equipment to commence structural build-out.
- Delivery and installation of mill components, with site preparation already in progress.
- Delivery of a 1000-amp, 600V generator, ensuring reliable and scalable on-site power capacity.
- Deployment of secure communications and monitoring systems, including STARLINK-enabled site connectivity.
- Installation of security perimeter fencing and surveillance infrastructure to support 24/7 oversight and operational integrity.
- Extension of the mill building by 1,800 sq. ft.
- Site cleanup and staging to accommodate phased installation of the mill circuit.
- Overtime work schedules for field crews to expedite construction and adhere to the Company’s early Q4 production timeline.
This initial construction and mobilization stage is expected to last approximately one month, after which the Company will immediately advance into the next phase of mill circuit installation and commissioning.
Near-Term Outlook and Strategic Roadmap
With permits in hand, infrastructure in place, and funding secured, ESGold remains laser-focused on achieving its dual-track strategy: near-term gold and silver production paired with district-scale exploration.
Over the next month, the Company will also:
- Complete onsite mineralogy tests to finalize input parameters for processing and optimization.
- Finalize and publish its Updated Preliminary Economic Assessment (PEA) to reflect elevated gold and silver prices and near-surface upside.
- Release results from the Ambient Noise Tomography (ANT) Survey, which is producing high-resolution imaging of the deposit’s subsurface footprint, targeting a potential larger mineralized system at depth.
- Engage provincial and federal bodies to advance grant applications that align with Quebec’s critical mineral strategy and clean mining priorities.
Becoming Canada’s Next Gold-Silver Producer
Montauban operated as a mine for over 80 years. Today, ESGold is breathing new life into the site with the help of clean processing technologies, advanced exploration tools, and a disciplined capital approach that minimizes dilution and prioritizes cash flow generation.
About ESGold Corp.
ESGold Corp. (CSE: ESAU | OTCQB: ESAUF | FSE: Z7D) is a fully permitted, pre-production resource company at the forefront of clean mining and exploration innovation. With proven expertise in Quebec, the Company is advancing its Montauban Gold-Silver Project toward near-term production while delivering long-term value through sustainable resource recovery and strategic exploration. The Montauban Project, located 80 km west of Quebec City, combines production-readiness with untapped district-scale exploration potential.
For more information, please contact ESGold Corp. at +1-888-370-1059 or visit www.esgold.com for additional resources, including a French version of this press release, past news releases, a 3D model of the Montauban processing plant, media interviews, and opinion-editorial pieces.
Stay connected by following us on X (formerly Twitter), LinkedIn, and joining our Telegram channel.
On behalf of the Board of Directors,
Brad Kitchen
President & Director
info@esgold.com
+1-888-370-1059
Forward-Looking Statements:
This news release includes forward-looking statements within the meaning of applicable securities laws. These statements are based on assumptions and expectations that involve a number of known and unknown risks and uncertainties. Actual results could differ materially. Forward-looking information includes statements regarding the expected use of proceeds, the development and construction timelines of the Montauban Project, future production, and anticipated project milestones. Investors are cautioned not to place undue reliance on these forward-looking statements. All forward-looking information contained in this release is qualified by these cautionary statements.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Corporate Communications
IBN
Austin, Texas
www.InvestorBrandNetwork.com
512.354.7000 Office
Editor@InvestorBrandNetwork.com
FAQ
When will ESGold (ESAUF) begin production at the Montauban Gold-Silver Project?
How much funding did ESGold (ESAUF) secure for the Montauban project construction?
What major construction milestones are planned for the Montauban project?
How long is the initial construction phase expected to last at Montauban?
What upcoming developments can investors expect from ESGold (ESAUF)?
