ESGold Corp. Advances Toward Gold Production with New Gravity Separation Circuit

ESGold Corp. has taken a critical step toward becoming a gold producer with the installation of a complete gravity separation circuit at its Montauban site in Quebec. The company's delivery of Humphrey spiral concentrators signals substantial progress in its operational strategy, with the potential to process up to 1,000 tonnes of historic tailings daily.

The new system represents more than a technological upgrade; it is a strategic approach to resource recovery that emphasizes sustainability and efficiency. By processing historic tailings, ESGold can extract value from previously overlooked material while simultaneously producing a marketable mica concentrate and recovering gold and silver.

CEO Paul Mastantuono characterized the installation as a tangible advancement toward the company's production goals. The gravity separation circuit is a key component of ESGold's broader strategy to transition from an exploration-focused entity to an active mineral producer.

With first production targeted by the end of 2025, the company is positioning itself to capitalize on the growing demand for responsibly sourced minerals. The Montauban property, located 80 kilometers west of Quebec City, serves as a model for innovative and sustainable mining practices.

An updated preliminary economic assessment is expected in the near future, which will provide additional insights into the project's potential economic viability and production capabilities. This development underscores ESGold's commitment to responsible resource extraction and value creation in the mining sector.