ESGold Corp. has reported significant progress in the construction and technical development of its Montauban Project in Quebec, a pre-production gold and silver operation. The completion of the Humphrey Spirals installation, a crucial part of the gravity separation system, now allows for the processing of historical tailings at a capacity of up to 1,000 tonnes per day. This achievement represents a key milestone in enhancing the project's future output capacity.
Further advancing the project, ESGold has finalized its Preliminary Economic Assessment (PEA), which focuses on tailings material, with additional updates and data releases expected soon. The company is also conducting spiral circuit concentrate testing, the results of which are awaited to inform strategies for optimizing recovery rates and reagent efficiency. These developments are integral to ESGold's strategy to capitalize on the current high gold prices, presenting investors with a potentially cost-effective opportunity for gold exposure with higher returns.
In addition to these advancements, ESGold is working on a comprehensive 3D geological model that utilizes seismic and historical data, aiming to strengthen the project's technical foundation. The progress at the Montauban Project highlights ESGold's dedication to achieving operational viability, with significant implications for the gold and silver mining industry. For more details, visit https://ibn.fm/abPvq.
