ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) announced it has signed a second memorandum of understanding with Québec-based Gestion D.S. 50 Inc. for the potential supply and beneficial reuse of up to 200,000 metric tonnes annually of neutralized mining residue from its fully permitted Montauban Gold-Silver Project in Québec. The agreement follows an Oct. 29, 2026, MOU with Culture H. Dolbec Inc. covering up to 300,000 metric tonnes annually, bringing the combined potential supply to 500,000 tonnes. The proposed volumes exceed the project’s current permitted processing capacity of 300,000 tonnes of historic tailings annually, which could be increased with additional permits.
The agreements support ESGold’s strategy to recover precious metals from historic mine tailings while treating and repurposing residual material for approved construction applications. The company aims to combine environmental restoration with potential commercial opportunities by converting treated mining waste into usable aggregate. Both MOUs are nonbinding, with proposed volumes representing indicative maximums rather than guaranteed commitments. Future supply remains subject to material testing, regulatory approvals and definitive agreements, with pricing and other commercial terms yet to be established.
Why this matters: The second MOU signals growing interest in beneficial reuse of mining residuals and could position ESGold to generate potential revenue streams beyond precious metals recovery. If the volumes materialize, the company could need additional permits to process more than its current 300,000-tonne capacity, which would require regulatory approvals and could affect timelines. For the industry, the agreements highlight a broader trend of mining companies exploring circular-economy approaches to tailings management, turning waste into construction aggregate. For readers, this development may indicate potential local economic activity and environmental remediation in Québec, though the nonbinding nature means no commitments are guaranteed.
ESGold Corp. is a fully permitted, fully funded, pre-production mining company advancing a scalable clean mining model across North America. Its flagship Montauban Gold-Silver Project in Québec is under construction. The latest news and updates relating to ESAUF are available in the company’s newsroom at https://ibn.fm/ESAUF.
For more details on the MOUs, see the full press release at https://ibn.fm/zJUgn. The announcement was disseminated on behalf of ESGold Corp. and may include paid advertising. Additional information about ESGold (CSE: ESAU) (OTCQB: ESAUF) is available through Rocks & Stocks, a specialized communications platform delivering deep insights into the mining industry. Rocks & Stocks is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers access to a vast network of wire solutions via InvestorWire and other services. Please see full terms of use and disclaimers on the Rocks & Stocks website applicable to all content provided by R&S, wherever published or re-published: https://RocksAndStocks.news/Disclaimer.
