ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) is advancing its Montauban Gold-Silver Project in Quebec with a low capital expenditure strategy, according to a recent article highlighting the company's approach. The strategy includes funding from a private placement initiative and an agreement with Ocean Partners UK Ltd., which provides a credit facility and a dedicated buyer for gold and silver produced from the planned tailings cleanup operation.
The article notes that gold has effectively doubled in value since January 2025 and is expected to remain at near-record levels in the coming months, benefiting companies positioned to supply continued demand. ESGold is completing preparations for anticipated drilling operations at Montauban while simultaneously progressing toward mill construction and an expanded exploration footprint.
"We are fully funded to execute on this plan, and our focus is on disciplined execution across both development and exploration as we move through what we believe will be a very important period for the company," ESGold CEO Gordon Robb stated in a news release.
ESGold is a fully permitted, pre-production resource company focused on clean mining and exploration innovation. The company's flagship Montauban property, located 80 kilometers west of Quebec City, serves as a model for responsible mining practices, combining near-term production with district-scale discovery potential.
The full article is available at https://ibn.fm/6yacp.
For more information on ESGold Corp., visit the company's newsroom at https://ibn.fm/ESAUF.
