ESGold Corp. has commenced critical on-site construction and mill assembly at its fully permitted Montauban Project in Quebec, signaling a pivotal advancement toward commercial mineral production. The company is leveraging a recent C$3.45 million financing to mobilize heavy equipment, expand mill infrastructure, and install essential power and monitoring systems.
The project represents a strategic move for ESGold, positioning the company to potentially enter gold and silver production by early Q4 2025. By targeting near-term production at the Montauban site, located 80 kilometers west of Quebec City, the company is demonstrating its commitment to responsible mining practices and resource development.
Key construction activities include expanding the mill building, deploying critical infrastructure, and preparing for initial production. The company is simultaneously working on an updated economic assessment and anticipates receiving results from an ANT survey, which could reveal additional opportunities for deeper mineralization.
This development is significant for the mining sector, showcasing ESGold's ability to advance a mining project from exploration to potential production while maintaining a focus on sustainable resource recovery. The project's progression represents a tangible example of strategic resource development in Quebec's mining landscape.
