ESGold Corp. Advances Montauban Project with Delivery of Humphrey Spiral Concentrators

Mining company ESGold Corp. has reached a significant operational milestone with the delivery of Humphrey spiral concentrators to its Montauban site in Quebec, marking a critical step toward transitioning to production status. The newly installed gravity separation circuit will enable processing of up to 1,000 tonnes of historic tailings per day, with the potential to generate a marketable mica concentrate while simultaneously recovering gold and silver. This development represents a tangible advancement in the company's strategic roadmap as it targets first production by the end of 2025.

The gravity separation circuit serves as a crucial infrastructure component that will allow ESGold to process historic tailings efficiently, potentially transforming previously uneconomical material into valuable mineral concentrates. CEO Paul Mastantuono emphasized the importance of this equipment delivery in moving the project forward. The company anticipates releasing an updated preliminary economic assessment in the near future, providing further details about the project's economic viability and operational timeline.

Located 80 kilometers west of Quebec City, the Montauban property represents ESGold's commitment to responsible and sustainable mining practices. The company's approach not only demonstrates innovative mining strategy but also highlights a sustainable approach to resource recovery by reprocessing existing tailings material. This method reduces the environmental footprint typically associated with traditional mining operations while maximizing resource utilization from previously mined areas.

With the project progressing and key infrastructure now in place, ESGold is positioning itself to become an active producer in the mining sector. The company's focus on clean mining and exploration innovation sets it apart in an industry increasingly emphasizing environmental responsibility and efficient resource utilization. The successful implementation of this gravity separation technology could serve as a model for other mining companies looking to adopt more sustainable practices while maintaining economic viability.