ESGold Corp. is making strategic moves to advance its Montauban gold and silver project in Quebec, announcing the appointment of Peter Espig to its board of directors and reporting steady progress in site construction.
The company issued 500,000 restricted share units (RSUs) to Espig, who brings extensive experience in project finance and transitioning junior mining companies to producers. This appointment signals ESGold's commitment to strengthening its leadership and financial expertise.
Construction at the Montauban processing site continues on schedule, with a key milestone approaching: the expected delivery of Humphrey Spirals next week. These spirals are crucial to the project's gravity recovery circuit, an important step in mineral processing.
ESGold remains focused on its production timeline, targeting commercial production by the end of 2025. The Montauban property, located 80 kilometers west of Quebec City, represents the company's strategic approach to responsible mining practices and sustainable resource recovery.
The addition of an experienced director and consistent construction progress suggest ESGold is methodically working towards its goal of becoming a gold and silver producer, potentially creating value for investors and demonstrating a commitment to responsible mining in Quebec.
