ESGold Corp. has commenced construction and mill assembly at its fully permitted Montauban Project in Quebec, signaling a critical progression toward gold and silver production. Supported by a recent C$3.45 million financing, the company is actively mobilizing heavy equipment and expanding infrastructure to prepare for operational readiness. The project, located 80 kilometers west of Quebec City, is strategically positioned to leverage the region's mining potential.
The company is focusing on core infrastructure development, including power systems and comprehensive monitoring capabilities. ESGold's current efforts are concentrated on expanding the mill building and installing essential operational components. This construction phase represents a significant milestone in the company's strategic development, potentially offering substantial value for stakeholders in the mining sector. The project exemplifies ESGold's commitment to responsible mining practices, combining near-term production goals with a long-term approach to sustainable resource recovery.
ESGold has set an ambitious target of achieving initial gold and silver production by early Q4 2025. Beyond immediate construction activities, the company is preparing additional project catalysts, including an anticipated updated economic assessment and ANT survey results. These initiatives aim to explore and potentially unlock deeper mineralization potential at the Montauban site. By integrating clean mining and exploration innovation, the company is positioning itself at the forefront of environmentally conscious mineral extraction.
The Montauban Project's advancement comes at a time when Quebec continues to strengthen its position as a mining-friendly jurisdiction with significant mineral potential. The project's progression demonstrates how modern mining companies can balance production timelines with environmental considerations while creating economic opportunities in regional communities. As construction activities accelerate, the project serves as an important case study in responsible resource development within Canada's established mining infrastructure.
