ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) has announced notable advancements in the construction and technical development of its Montauban Project in Quebec, a pre-production gold and silver operation. The installation of Humphrey Spirals, a critical component of the gravity separation system, has been completed, enabling the processing of historical tailings at a capacity of up to 1,000 tonnes per day. This development is a key step in establishing the project’s future output capacity.

The company has also finalized its Preliminary Economic Assessment (PEA), focusing exclusively on tailings material, with further updates and data releases expected in the near future. Concurrently, spiral circuit concentrate testing is underway, with results anticipated to guide optimization strategies for recovery rates and reagent efficiency. These efforts are part of ESGold’s broader strategy to leverage the current high price of gold, offering a potentially lower-cost entry into gold exposure with higher returns.

In addition to these operational milestones, ESGold is developing a comprehensive 3D geological model based on seismic and historical data, further enhancing the project’s technical foundation. The company’s progress at the Montauban Project underscores its commitment to advancing towards operational viability, with significant implications for investors and the mining sector at large. For more details on ESGold’s developments, visit https://ibn.fm/abPvq.

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