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ESGold Corp.
ESGold Corp. is a fully funded, pre-production mining company focused on scalable, environmentally responsible gold and silver recovery. Its flagship Montauban Gold-Silver Project in Quebec is under active construction, with first production targeted for 2026. The project leverages ESGold’s proprietary low-reagent, low-emission gravity processing system — designed to minimize waste, reduce emissions, and maximize recovery efficiency. Beyond Quebec, ESGold is advancing a joint venture in Colombia’s Bolívar region, one of South America’s most prolific artisanal gold districts. The company’s “clean reprocessing” model aims to convert historical tailings into cash flow while opening new exploration potential. With its dual-track approach — cash flow now, discovery next — ESGold is creating a platform for sustainable growth across the Americas.
Most Notable Catalysts for ESAUF:
● October 2025 – Metallurgical Success in Colombia
ESGold reported positive initial metallurgical results from bench-scale tests on tailings samples collected at the Planta Magdalena Project in Colombia’s Bolívar region. Tests confirmed gold and silver recoveries compatible with ESGold’s clean gravity-based process, validating the economic potential of the project. The next steps include pilot-scale testing and parameter optimization, with results expected to strengthen the company’s clean-mining portfolio.
● September 2025 – On-the-Ground Validation in Colombia
ESGold’s geological and engineering teams initiated site validation work at Planta Magdalena, confirming historical grades and assessing local infrastructure for scalable processing. Bulk samples from Colombia and Quebec have been sent to ALS Global for independent metallurgical analysis. Results will help refine recovery models ahead of potential site commissioning.
● August 2025 – C$9 Million Facility from Ocean Partners UK
ESGold entered into a binding term sheet with Ocean Partners UK Ltd. for a C$9 million prepayment and working capital facility, supporting completion of Montauban’s processing facility and providing capital flexibility. The agreement includes an offtake arrangement for 100% of gold and silver dore production, creating a stable, non-dilutive funding platform as the company transitions toward production.
● July 2025 – Expansion in Colombia’s Bolívar Region
ESGold outlined the district-scale potential of its Bolívar concession, with historical data showing mineralized zones extending more than 3.4 km in strike and artisanal mining across multiple corridors. Early channel samples returned grades as high as 170 g/t Au, underscoring exploration upside in one of South America’s most underexplored gold systems.
● May 2025 – Construction Progress at Montauban (Quebec)
Building construction at Montauban remains on schedule for completion in Q4 2025, positioning ESGold for initial production in 2026. The project is fully funded through to completion, with ongoing exploration identifying continuous geological structures extending up to 1,200 meters — highlighting significant untapped potential.
● April 2025 – Updated Preliminary Economic Assessment (PEA)
ESGold released an updated PEA for Montauban showing a 60.3% after-tax IRR, an NPV of C$24.27 million, and a less-than-two-year payback period, based on conservative gold and silver pricing. With low initial capex (C$18.8 million) and strong recovery rates (92% gold, 77% silver), Montauban is set to deliver early-stage free cash flow supported by more than C$20 million in tax-loss carryforwards.
