Gold Stock ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Confirms Final Processing Methodology at Montauban as Construction Nears Completion
(Investorideas.com Newswire) — Breaking mining stock news - ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) is pleased to report that recent metallurgical work conducted at its fully permitted Montauban Gold-Silver Project in Quebec has validated the Company's processing strategy for the railway tailings and other feedstock at the site.
Gravity separation tests confirmed that concentrate grades from the railbed material were not sufficient to allow for direct gold and silver pouring. The results confirmed that while gravity separation did not produce a concentrate sufficient for direct gold or silver pouring, all Montauban feedstock, including the railway tailings, will be processed directly through the Merrill Crowe closed circuit as part of the final phase of mill construction. This outcome provides valuable validation of the process and confirms the Company's path forward before finalizing equipment procurement.
All metallurgical work was supervised by Edmond St-Jean, P.Eng., with testing completed at the Montauban facility and laboratory analyses performed by ALS Global in Val-d'Or, Quebec.
Key Highlights
Processing Strategy Confirmed: Metallurgical results validated the Merrill Crowe closed circuit as the optimal processing path for all Montauban feedstock, ensuring operational efficiency across tailings and railbed material.
De-Risked Equipment Procurement: The results provide critical technical confirmation ahead of finalizing purchase and installation of processing components.
Construction Advancing Ahead of Schedule: The main mill building is nearing completion, with concrete curing and interior finishing underway.
Infrastructure Expansion: The gold room and on-site laboratory are being constructed to support production assays and future exploration analysis.
Exploration Momentum: Advanced 3D geological modeling is in its final stages and will guide an expanded exploration program designed to test deeper and newly defined mineralized structures.
Gordon Robb, CEO of ESGold, commented:
"This work gave us exactly what we needed - confirmation of the correct processing path before finalizing our equipment procurement. The metallurgical data supports our plan to process all Montauban feedstock through the Merrill Crowe circuit to be built during the final phase of construction, giving us the confidence to move ahead decisively. The site looks excellent, and construction is progressing faster than anticipated. Our gold and lab rooms are coming together beautifully, and we're preparing to transition into the installation phase. I want to thank our team for their dedication and precision in getting us to this point. With construction nearing completion and exploration planning accelerating, ESGold is entering a very exciting phase as we move closer to first production."
Construction and Exploration Progress
Construction at Montauban continues to advance rapidly. The main mill structure is now complete, with concrete foundations in their final curing phase. Interior finishing work is ongoing, including the development of a dedicated gold room and fully equipped on-site laboratory. Once complete, ESGold will begin installing the processing equipment already on site, including Humphrey spirals and shaker tables, followed by the remaining Merrill Crowe circuit components to be procured and delivered.
In parallel, ESGold's geological team in conjunction with Caur Technologies continues to finalize advanced 3D modeling that integrates geophysical and historical data to define new exploration corridors and deeper mineralized structures. These findings will form the foundation of the next exploration phase, designed to expand Montauban's resource potential and enhance long-term value creation.
Upcoming Milestones
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Completion of mill building and commissioning of on-site gold room and laboratory.
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Finalization and release of 3D geological model
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Installation of Merrill Crowe circuit and processing equipment.
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Launch of expanded exploration targeting program and drill permit applications.
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Ongoing preparation for 2026 production start.
Why This Matters to Investors
The confirmation of ESGold's processing strategy de-risks the path to production by validating the use of a single, efficient Merrill Crowe circuit for all Montauban feedstock. With construction advancing ahead of schedule and exploration planning in motion, the Company continues to strengthen its position as a fully funded, near-term gold and silver producer with scalability and long-term growth potential.
Qualified Person
The technical content of this news release has been reviewed and approved by John Langton (P.Geo.), a Qualified Person under National Instrument 43-101 - Standards of Disclosure for Mineral Projects. The bench testing summarized in this press release was supervised by Edmond St-Jean, Ing., whose underlying report notes that samples were collected from the Montauban site and used as received for metallurgical analysis. Data and results are preliminary but considered reliable for disclosure purposes.
About ESGold Corp.
ESGold Corp. (CSE: ESAU | OTCQB: ESAUF | FSE: Z7D) is a fully permitted, preproduction resource company at the forefront of clean mining and exploration innovation. With proven expertise in Quebec, the company is advancing its projects toward production and feasibility while delivering long-term value through sustainable resource recovery and exploration. ESGold’s flagship Montauban property, located 80 kilometers west of Quebec City, serves as a model for responsible mining practices, combining near-term production with district-scale discovery potential.
For more information about the company, please visit ESGold Profile.
NOTE TO INVESTORS: The latest news and updates relating to ESAUF are available in the company’s newsroom at https://ibn.fm/ESAUF
Full news release
https://ca.finance.yahoo.com/news/esgold-corp-cse-esau-otcqb-123000881.html
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