ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) has announced a definitive gold and silver doré purchase agreement with Ocean Partners UK Ltd., a global metals trading and mine finance group. Under the agreement, Ocean Partners will purchase 100% of the doré production from ESGold's Montauban Gold-Silver Project in Québec. Additionally, the deal provides ESGold access to a non-dilutive working capital facility of up to C$9 million, which will support the company's transition toward near-term production.
This agreement is a significant milestone for ESGold as it moves closer to production at the Montauban project, which is fully permitted and under construction with production anticipated in 2026. The non-dilutive facility allows the company to secure financing without diluting existing shareholders, a key advantage for investors. The partnership with Ocean Partners, a well-established player in metals trading, also ensures a reliable off-take channel for the project's output.
ESGold is advancing a scalable clean mining model across North and South America. The Montauban project, located in Québec, is the company's flagship asset. With a dual-track strategy focused on generating cash flow from production while pursuing exploration for future growth, ESGold aims to build a platform for sustainable growth and long-term shareholder value.
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This announcement underscores the growing confidence in ESGold's ability to execute its production plans. The non-dilutive financing structure is particularly attractive in the current market environment, where many mining companies face challenges in raising capital without diluting shareholders. By securing this facility, ESGold strengthens its financial position and accelerates its path to becoming a producer.
ESGold Corp. is a fully permitted, pre-production mining company. The company's shares trade on the Canadian Securities Exchange under the symbol ESAU and on the OTCQB under ESAUF. With production at Montauban expected in 2026, ESGold is positioning itself as a near-term gold and silver producer in a region known for its mining-friendly jurisdiction and infrastructure.
