ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Announces Another Infrastructure Milestone Amid Advancements Toward Commissioning of Montauban Project Site

Disseminated on behalf of ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) and may include paid advertising.

  • ESGold Corp., a development-stage company committed to the acquisition, exploration, and development of high-quality mineral properties worldwide, recently received the delivery of a propane-fired tilting furnace at its Montauban Project to support on-site melting and casting of gold and silver into doré bars
  • The furnace will form part of the company’s planned circuit for recovering precious metals from permitted tailings material and is a crucial milestone as the company moves to operationalize the facility
  • ESGold has received – and continues to receive – infrastructure and equipment since April and continues to engage in activities that prepare the site for commissioning

ESGold (CSE: ESAU) (OTCQB: ESAUF), a development-stage company committed to acquiring, exploring, and developing high-quality mineral properties worldwide, recently took delivery of a propane-fired tilting furnace at its Montauban Gold-Silver Project in Quebec. The furnace, which features a hydraulic tilting system, supporting crucibles, and thermocouple temperature monitoring, can safely hold and melt up to 150 kilograms of metal and handle temperatures up to 1300°C (https://ibn.fm/MKcGT).

The furnace will form part of ESGold’s specialized equipment for on-site melting and casting of gold and silver into doré bars once the site is operational. The company intends to use the furnace in connection with its planned precious metal recovery circuit, which includes the Merrill-Crowe process, a technique for separating or recovering gold and silver from cyanide-based solutions or permitted tailings material.

“The delivery of this furnace is another practical and visible milestone in our transition from construction toward operations at Montauban,” commented Gordon Robb, CEO of ESGold. “This unit is part of the infrastructure required to move mineral recovery to doré production, and it reflects the steady progress being made across the project,” he added.

The furnace delivery marks another significant milestone as the company continues to advance the Montauban property toward commissioning and production. In addition to the furnace, the company has also received the Humphrey spirals and shaker tables, which collectively form part of Montauban’s gravity recovery circuit. The arrival of these major components at Montauban, Robb stated, allows investors to see “the processing infrastructure continuing to come together as we advance toward commissioning.” According to Robb, the continued delivery of the processing infrastructure, as well as advancements in site preparations, enable the company to build the “operational foundation required to bring Montauban into its next stage.”

ESGold is currently installing and integrating key processing equipment, developing the on-site precious metals handling infrastructure, and preparing the gold room and other supporting operational systems. In addition, the company is advancing, on a continued basis, its Montauban exploration model, which, according to the announcement, includes “ongoing integration of geological, geophysical, and historical datasets to support future exploration targets across the district.”

Covering approximately 244 square kilometers and home to 485 claims, the Montauban Project is being advanced to recover gold, silver, and mica from fully permitted historic mine tailings in the near term, with the company intending to commence gold and silver operations this year. In addition, ESGold is advancing district-scale exploration potential across the surrounding Montauban mining camp to feed its long-term strategy. The company is fully funded to commission the gold and silver operations and has completed the construction of a mill capable of processing up to 1,000 tons of precious metal per day (https://ibn.fm/XHQRh).

For company information, visit the company’s website at www.ESGold.com.

NOTE TO INVESTORS: The latest news and updates relating to ESAUF are available in the company’s newsroom at https://ibn.fm/ESAUF

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