ESGold Corp. Advances Gold and Silver Production Through Tailings Reprocessing in Quebec and Colombia

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) is utilizing cutting-edge processing technology to reprocess mine waste into scalable gold and silver production, unlocking value from historic goldmines in Quebec and Colombia. The company recently released an updated Preliminary Economic Assessment (PEA) for its Montauban Gold-Silver Project in Quebec, verifying positive economics and a clear path to production. The assessment, detailed at https://ibn.fm/o6nCU, confirms Montauban's transformation into a production asset with low capital expenditure, high-margin tailings reprocessing, and existing infrastructure enabling near-term first production.

The implications of this development are significant for the mining industry and investors, as it demonstrates how advanced technology can revitalize dormant mining sites, reducing environmental impact and operational costs. ESGold benefits from over C$20 million in tax-loss carry forwards, which are expected to substantially offset taxable income during the first three years of production, enhancing financial sustainability and attractiveness to stakeholders. This approach not only maximizes resource efficiency but also aligns with growing demands for sustainable mining practices.

In addition to the Quebec project, ESGold has entered a binding memorandum to form a joint venture in Colombia for the development and reprocessing of gold and silver-bearing tailings. This expansion into Colombia highlights the global applicability of their technology and strategy, potentially increasing gold and silver supply in international markets. For readers and the industry, this news underscores a shift towards innovative, cost-effective mining methods that could influence future projects worldwide, driving economic growth and resource optimization.

The company's updates and news are available in its newsroom at https://ibn.fm/ESAUF, providing ongoing insights into its progress. By focusing on tailings reprocessing, ESGold addresses environmental concerns associated with traditional mining, such as waste management and land use, offering a model that could be adopted by other companies to improve sustainability and profitability. This advancement matters as it represents a forward-thinking approach in the mining sector, potentially reducing reliance on new excavations and mitigating ecological footprints.