Near-term gold-silver recovery and district-scale exploration at Montauban, Québec.
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ESGold received exploration authorizations from the Québec government for work at the Montauban Project, clearing the company to advance systematic drilling of the historical crown pillar and other priority exploration targets.
ESGold reported that its technical team completed an on-site inspection and validation program in China covering the remaining manufactured processing equipment for the Montauban Gold-Silver Project in Québec.
ESGold entered into two definitive purchase agreements to acquire a 100% interest in 44 mineral claims covering approximately 2,448 hectares around its Montauban Gold-Silver Project in Québec.
ESGold signed a definitive doré purchase agreement with Ocean Partners covering future Montauban production and providing access to a conditional, non-dilutive working-capital facility of up to C$9 million.
ESGold said drill permits had been submitted, a roughly 70 km² ambient-noise tomography survey was underway and all major mill components had been secured for Montauban.
ESGold appointed Jason Tong, CPA, CA, CFA, as Chief Financial Officer, citing more than 15 years of public-company finance and capital-markets experience.
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