ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) announced on [date] that it has signed a non-binding memorandum of understanding (MOU) with Québec-based Culture H. Dolbec Inc. to evaluate the potential supply and beneficial reuse of up to 300,000 metric tonnes annually of neutralized mining residue from its fully permitted Montauban Gold-Silver Project in Québec. The agreement could create an additional revenue stream for the company alongside its planned gold and silver recovery operations, while also addressing environmental risks associated with more than a century of mining activity in the region.
Under the MOU, the companies will assess the use of treated mining residue as aggregate for potential construction applications. Any definitive agreement and deliveries will depend on material characterization, environmental testing, and applicable regulatory approvals. No pricing or minimum purchase commitments have been established. The initiative supports ESGold’s strategy to recover precious metals from historic mine tailings while treating, neutralizing, and stabilizing residual material for potential reuse through its planned closed-circuit processing system.
“Our goal is to turn what has been an environmental liability for more than a century into something that benefits both the community and our shareholders,” said ESGold CEO and Director Gordon Robb. The Montauban Gold-Silver Project is currently under construction, and ESGold is advancing a scalable clean mining model across North America.
This news matters because it signals a potential shift in how mining companies manage waste, turning liabilities into assets. If successful, the initiative could reduce environmental risks and generate new revenue, offering a model for sustainable mining practices. For investors, it highlights ESGold’s dual-track strategy of cash flow today and discovery tomorrow. The company is fully permitted and fully funded, positioning it to execute on its plans.
For more details, the full press release is available at https://ibn.fm/SWZez. ESGold Corp. is featured on ESGold Corp. and ESGold (CSE: ESAU) (OTCQB: ESAUF) profiles. The latest news and updates relating to ESAUF are available at https://ibn.fm/ESAUF. This announcement was disseminated through ESGWireNews, a specialized communications platform focused on the ESG sector and public companies committed to sustainable corporate practices. ESGWireNews is part of the Dynamic Brand Portfolio at IBN, which delivers wire solutions via InvestorWire and other services. For full terms and disclaimers, visit https://www.ESGWireNews.com/Disclaimer.
