ESGold Corp Advances Montauban Project with New Board Appointment and Construction Milestones

ESGold Corp has strengthened its leadership team with the appointment of Peter Espig to its board of directors, bringing extensive experience in project finance and transitioning junior mining companies to production stages. The company issued 500,000 restricted share units to Espig as part of this strategic move, signaling its commitment to developing a robust path toward becoming an active gold and silver producer. This appointment comes at a critical time as the company advances its Montauban Project in Quebec, with construction activities proceeding according to the established timeline.

The Montauban processing site construction continues to make significant progress, with the upcoming delivery of Humphrey Spirals representing a key milestone for the project's development. These specialized equipment components will form an essential part of the site's gravity recovery circuit, which is crucial for efficient mineral extraction. ESGold maintains its commitment to the production schedule, targeting commercial production by the end of 2025. The company's strategic focus on timely project advancement demonstrates its dedication to establishing itself as a significant player in the Quebec mining sector.

Located approximately 80 kilometers west of Quebec City, the Montauban property serves as a strategic asset for ESGold Corp, balancing near-term production objectives with substantial district-scale discovery potential. The project is being developed as a model for responsible mining practices, emphasizing sustainable resource recovery while maintaining exploration opportunities throughout the property. This dual approach allows the company to pursue immediate production goals while preserving long-term growth prospects through continued exploration and development of the mineral-rich territory.

The combination of strategic leadership enhancements and consistent construction progress underscores ESGold's comprehensive approach to project development. Espig's expertise in corporate development and project finance is expected to provide valuable guidance as the company navigates the final stages toward production. The ongoing advancements at the Montauban site, coupled with the strengthened leadership team, position ESGold Corp to capitalize on the significant mineral potential of the Quebec mining landscape while maintaining its commitment to responsible and sustainable mining operations.