ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF), a development-stage mining company, is advancing its Montauban Gold-Silver Project in Québec following a recent C$7.2 million financing, as reported in an article published by Rocks & Stocks. The company closed the offering in March, issuing 10,683,000 units at C$0.68 per unit. Proceeds are directed toward the Montauban project development, working capital, and corporate purposes.
CEO Gordon Robb stated, “This next phase marks an important step in defining the full scale of Montauban.” The company remains optimistic about gold’s price trajectory, which has held approximately twice as high as two years ago despite expected market volatility. ESGold attributes this strength to ongoing global debt and political pressures, supporting its decision to intensify development efforts.
The Montauban property, located 80 kilometers west of Quebec City, is a fully permitted, pre-production asset that combines near-term production potential with district-scale discovery opportunities. ESGold positions itself as a leader in clean mining and exploration, leveraging proven expertise in Quebec to deliver long-term value through sustainable resource recovery.
For more details, the full article can be accessed at https://ibn.fm/J3zCI. Additional news and updates regarding ESAUF are available at https://ibn.fm/ESAUF.
ESGold Corp. is a fully permitted, pre-production resource company focused on acquiring, exploring, and developing high-quality mineral properties worldwide. Its flagship Montauban project serves as a model for responsible mining practices, emphasizing both near-term production and district-scale discovery.
