ESGold Stock Price, News & Analysis

ESGold Corp. (OTCQB:ESAUF) has released an updated Preliminary Economic Assessment (PEA) for its Montauban Gold-Silver Project in Quebec, revealing significantly improved economics. The project demonstrates an after-tax NPV of C$24.27 million and IRR of 60.3%, with a payback period under two years.

Key highlights include total life-of-mine revenue of C$103.73 million, initial capital expenditure of C$17.44 million, and a 4-year mine life. The project benefits from high recovery rates of 92% for gold and 77% for silver, with price assumptions of US$2,900/oz gold and US$31.72/oz silver.

The company holds C$20 million in tax-loss carry forwards, expected to offset early production taxable income. Additionally, ESGold is advancing exploration potential with a 3D geological model and deep imaging to ~1,200 meters, suggesting potential mineralized zones beyond historical areas.

ESGold Corp. (OTCQB: ESAUF) has announced a strategic initiative in Colombia's gold-producing regions, focusing on recovering precious metals from historical mining tailings. The company has secured a fully permitted joint venture in Bolívar that aims to transform abandoned mining waste into profitable operations using advanced extraction technologies.

The company's innovative approach addresses both environmental remediation and resource recovery, targeting substantial gold and silver reserves previously deemed unrecoverable through traditional mining methods. This dual-purpose strategy positions ESGold at the forefront of sustainable mining practices in Colombia.

ESGold Corp. (OTCQB: ESAUF) has announced a strategic initiative in Colombia's prolific gold belt, focusing on extracting valuable minerals from legacy mine tailings. The company has secured a fully permitted joint venture in Bolívar, where it plans to implement advanced processing technology to recover gold and silver from historical mining waste.

The project aims to address both environmental challenges and economic opportunities by transforming previously discarded materials into valuable assets. ESGold's approach combines sustainable mining practices with modern recovery techniques to create a scalable, high-margin production model.

ESGold Corp. (OTCQB: ESAUF) has signed a binding MOU with Planta Magdalena S.A.S. to form a joint venture for reprocessing gold and silver-bearing tailings in Colombia's Bolívar region. ESGold will invest C$1.5 million for a 50% stake in the venture, with a first right of refusal to purchase the remaining 50% within 12 months.

Initial due-diligence sampling revealed impressive results, with 8 out of 27 samples assaying above 5 g/t Au, including high-grade samples up to 42.683 g/t Au. The project aims to commence operations in 2026, applying modern processing techniques to improve recovery rates from traditional mercury amalgamation methods in a region that produces approximately 128,000 ounces of gold annually.

ESGold Corp (OTCQB:ESAUF) CEO Gordon Robb discussed the company's strategic approach at their Montauban project in Quebec during an interview with CEO.CA's 'Inside the Boardroom' series. The company is implementing a "reverse engineering" strategy that prioritizes production through tailings reprocessing before exploration.

Recent surveys at Montauban have identified structures extending to 1,200 meters depth, indicating district-scale potential. The project benefits from existing infrastructure and full permits, enabling ESGold to pursue a production-first approach aimed at generating non-dilutive funding for future exploration activities.

ESGold Corp. (OTCQB:ESAUF) is advancing its innovative tailings-to-cash-flow strategy, with construction progressing at its flagship Montauban Project in Quebec targeting initial gold and silver production by 2026. Recent passive seismic imaging has revealed potential district-scale mineralization at Montauban, with over 2,500 metres of strike length and 1,200 metres of vertical continuity.

The company is pioneering a unique business model focused on reprocessing legacy mine tailings across the Americas, targeting over 500,000 abandoned mine sites in North America alone. This strategy aims to generate near-term cash flow while funding exploration activities and addressing environmental liabilities. ESGold plans to replicate this model across multiple jurisdictions, with an updated PEA expected to reflect enhanced project economics.

ESGold Corp. (OTCQB: ESAUF) is positioning itself in the gold market as gold prices reach all-time highs of $3,500 per ounce in 2025. The company has achieved several milestones at its Montauban Gold-Silver Project, including validation of its Broken Hill-type geological theory through seismic imaging showing mineralized zones down to 1,200 meters.

Key developments include the appointment of Gordon Robb as CEO, completion of an oversubscribed financing of $3.65 million, and expansion of its mine building to 4,000 square feet. Major analysts remain bullish on gold, with Goldman Sachs projecting $3,700 per ounce by Q4 2025 and JP Morgan forecasting $3,675.

ESGold Corp. (OTCQB: ESAUF) announced that recent Ambient Noise Tomography (ANT) survey results have validated their Broken Hill-type (BHT) geological theory for the Montauban Gold-Silver Project, supported by peer-reviewed studies from the University of Calgary and UBC.

The ANT survey revealed mineralized zones extending to 1,200 meters depth, confirming the project's structural similarities with Australia's renowned Broken Hill deposit. Key findings include validation of sulfide melting processes, gold and silver remobilization mechanisms, and a stacked multi-lens system characteristic of significant VMS districts.

The company is developing a 3D geological model, expanding the Montauban processing facility, and refining drill targets while awaiting tailings concentration test results.

ESGold Corp. (OTCQB: ESAUF) has announced its strategic positioning in the mining industry through a unique business model focused on revitalizing past-producing and legacy mining sites. Unlike traditional mining companies that pursue high-risk exploration, ESGold targets sites with proven historical resources and existing infrastructure.

The company's approach aims to capitalize on properties that were previously abandoned not due to resource depletion, but due to operators lacking sufficient resources. With gold prices at historic highs and increasing mineral demand, ESGold is positioning itself to take advantage of market opportunities.