ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) is making progress on its Montauban Gold-Silver Project in Quebec with a low capital expenditure strategy that includes funding from a private placement and an agreement with Ocean Partners UK Ltd. The agreement provides a credit facility and a dedicated buyer for gold and silver produced from the planned tailings cleanup operation, according to a recent article discussing the company's approach.
Gold prices have effectively doubled since January 2025 and are expected to remain at near-record levels in the coming months, benefiting companies positioned to supply continued demand. ESGold is completing preparations for anticipated drilling operations at Montauban while simultaneously progressing toward mill construction and an expanded exploration footprint.
“We are fully funded to execute on this plan, and our focus is on disciplined execution across both development and exploration as we move through what we believe will be a very important period for the company,” ESGold CEO Gordon Robb stated in a news release.
The Montauban property, located 80 kilometers west of Quebec City, serves as a model for responsible mining practices, combining near-term production with district-scale discovery potential. ESGold is a fully permitted, pre-production resource company focused on clean mining and exploration innovation.
For more details, the full article can be viewed at https://ibn.fm/6yacp. The latest news and updates regarding ESAUF are available in the company's newsroom at https://ibn.fm/ESAUF.
