FULL DISCLOSURE: ESGold Corp is a sponsor of theDeepDive.ca.
ESGold Corp (CSE: ESAU) has announced an expansion to their mine building at the Montauban Project, which is said to be part of the transition to the production of both gold and silver.
The expansion will see the mine building doubled in size from 2,000 square feet to 4,000 square feet, with the expanded space set to accommodate further operational needs and support infrastructure.
Sponsored · Altamira Gold Corp.
The expanded facility will see the addition of crew accommodations to support on-site personnel, control rooms for the monitoring of gravity separation and processing systems, a lab space for ongoing concentrate testing, and expanded storage for both gold and silver dore bars.
READ: ESGold Sees Installation Of Humphrey Spirals Completed At Montauban
“As construction progresses and we prepare for near-term operations, we’re not just building infrastructure—we’re establishing the systems and capacity needed to support sustained production and long-term growth,” commented Paul Mastantuono, CEO of ESGold.
At the same time, pre-concentrate samples have been sent for ongoing lab testing, with those results set to guide the final adjustments to the flow sheet prior to production being commenced. ESGold meanwhile is expecting the imminent release of an updated preliminary economic assessment for the Montauban project, alongside the release of results from an ambient noise tomography survey.
ESGold last traded at $1.14 on the CSE.
FULL DISCLOSURE: ESGold Corp is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is long the equity of ESGold Corp. The author has been compensated to cover ESGold Corp on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
