ESGold Corp. has announced significant progress in the construction and technical development of its Montauban Project in Quebec, a pre-production gold and silver operation. The company has completed installation of Humphrey Spirals, a critical component of the gravity separation system, enabling processing of historical tailings at a capacity of up to 1,000 tonnes per day. This development represents a key milestone in establishing the project's future output capacity and operational framework.
The company has also finalized its Preliminary Economic Assessment 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 technical advancements form part of ESGold's broader strategy to capitalize on the current high price environment for gold, potentially offering investors a lower-cost entry point with enhanced return prospects.
Beyond the immediate processing developments, ESGold is creating a comprehensive 3D geological model using seismic and historical data, further strengthening the project's technical foundation. The integration of this modeling work with the operational advancements provides a more robust framework for project evaluation and future development planning. The company's progress at the Montauban Project demonstrates its commitment to advancing toward operational viability, with implications for the broader gold and silver mining sector in Quebec and beyond. Additional project details are available at https://ibn.fm/abPvq.
