FULL DISCLOSURE: ESGold Corp is a sponsor of theDeepDive.ca.
ESGold Corp (CSE: ESAU) has achieved a critical milestone as it works to advance towards production at their flagship and fully permitted Montauban gold-silver project in Quebec. The company as of this morning has completed the main building on site.
With the main facility completed, the company is now advancing to equipment procurement and installation, which moves the project overall into the installation and commissioning phase. To date the structure, concrete flooring, and interior divisions have been fully completed, along with the on-site gold room and laboratory.
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Procurement has now begun, with orders to be placed for the material required to complete the Merrill Crowe circuit, which including vacuum systems, filtration units, and clarifying tanks. Commissioning is expected to begin shortly thereafter, with production expected to begin in 2026.
READ: ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners
“Completing the mill building is a defining achievement for ESGold. This milestone transitions us from construction to commissioning and represents tangible progress toward near-term production. Our team has done an incredible job keeping the project on schedule. We are now focused on ordering, installing, and integrating equipment to bring Montauban online. In parallel, our geological team is finalizing the comprehensive 3D model that will guide the next phase of exploration and expansion,” commented Gordon Robb, CEO of ESGold.
ESGold Corp last traded at $0.70 on the CSE.
FULL DISCLOSURE: ESGold Corp is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is long the equity of ESGold Corp. The author has been compensated to cover ESGold Corp on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
