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ESGold Corp (CSE: ESAU, OTC: SEKZF) has achieved a significant milestone with FINRA's approval of Form 211 on December 24, 2024, enabling priced quotation initiation within four days. The company is advancing its OTCQB uplisting, positioning itself in a premier marketplace for growth-stage companies.
The development includes an application for DTC eligibility to streamline electronic trading and settlement processes, aimed at enhancing accessibility for U.S. brokers and investors. This strategic move is expected to increase market access and liquidity while meeting stringent financial standards and transparency requirements.
CEO Brad Kitchen emphasized this as the first step in aggressively marketing ESGold's near-term gold and silver production potential to U.S. investors. The OTCQB listing is anticipated to boost liquidity by providing transparent access to real-time quotes and market data.
ESGold announces a groundbreaking exploration initiative at the Montauban deposit using Ambient Noise Tomography (ANT) technology by CAUR Technologies. This marks the first systematic exploration of the 13,166-hectare site, aiming to develop a comprehensive 3D model of the deposit and identify high-priority drill targets. ANT technology will map geological structures at depths up to 3 kilometers, offering cost-effective and sustainable exploration. Montauban, rich in gold, silver, and base metals, has historical production exceeding $1.4 billion. The project highlights include deep imaging capabilities, rapid assessment, and low environmental impact. ESGold's President, Brad Kitchen, emphasized the potential to redefine exploration standards and maximize shareholder value. The initiative aligns with ESGold's commitment to innovation and sustainability. Additionally, at the recent Annual General Meeting, 99.96% of shareholders supported management's proposals, reinforcing confidence in ESGold's strategic direction.
ESGold Corp (CSE: ESAU, OTC: SEKZF) has partnered with Dundee Sustainable Technologies to test tailings from the Montauban Project using Dundee's proprietary CLEVR Process. This marks the first of four planned tests under ESGold's Gold-Silver Green Processing Initiative.
The CLEVR Process offers significant advantages including:
- Elimination of cyanide and toxic effluents
- Reduced processing times from 36+ to 2 hours
- Closed-loop reagent recirculation system
- Lower operational and capital costs
- Gold recovery rates exceeding 95%
The collaboration aims to revolutionize mining practices by combining sustainable extraction technologies with improved efficiency. Testing is currently underway at Dundee's Thetford Mines lab, with results expected to inform future operations at the fully permitted Montauban site.