ESGold Corp. has marked a significant advancement in its Montauban Project located in Quebec by welcoming Peter Espig to its board of directors and making notable progress in site construction. Espig, who brings a wealth of experience in project finance and the transition of junior mining companies into producers, was granted 500,000 restricted share units (RSUs) as part of his appointment. This strategic move underscores the company's dedication to strengthening its leadership team as it progresses towards its production goals.
The construction at the Montauban processing site is reported to be on schedule, with the imminent delivery of Humphrey Spirals being a critical component for the site's gravity recovery circuit. These developments are pivotal for ESGold Corp. as it adheres to its timeline, targeting the commencement of commercial production by the end of 2025. The Montauban property, strategically located 80 kilometers west of Quebec City, is not only a cornerstone for ESGold's production ambitions but also a testament to the company's commitment to responsible mining practices and exploration.
Espig's expertise is anticipated to play a vital role in navigating the financial and developmental challenges associated with bringing the Montauban Project to fruition. His appointment, coupled with the ongoing construction efforts, reflects ESGold Corp.'s holistic approach to achieving sustainable resource recovery. The company's efforts in Quebec are a clear indication of its commitment to not only meet its near-term production objectives but also to unlock the district-scale discovery potential of the Montauban property.
For more information on ESGold Corp. and its projects, visit https://www.esgoldcorp.com. The advancements at the Montauban Project highlight the company's strategic initiatives to become a leading gold and silver producer in Quebec, leveraging both innovative mining technologies and seasoned leadership to achieve its goals.
