ESGold Corp. reports developments in precious-metals exploration and pre-production mine development centered on the Montauban property in Quebec. The company describes Montauban as a fully permitted, past-producing gold-silver mine with historical tailings, surface and underground mineralization, and a strategy that combines tailings reprocessing with broader exploration across the land package.
Recurring updates for ESAUF include project construction, mill and gravity-circuit components, technical and economic study references, private-placement financing, and commentary tied to gold and silver market conditions. Coverage also includes company interviews and resource-sector media features that discuss ESGold's clean-mining approach, permitting position, and plans to move Montauban toward production.
ESGold (ESAUF) signed a memorandum of understanding with Culture H. Dolbec to evaluate reuse of mining residue as construction aggregate.
The proposed supply covers up to 300,000 metric tonnes annually of neutralized residue from its fully permitted Montauban Gold-Silver Project in Québec. ESGold sees potential for an additional revenue stream alongside planned gold and silver recovery. Its planned processing and residue treatment aim to recover precious metals while neutralizing and stabilizing historic tailings for potential reuse, rather than permanent storage.
The MOU is non-binding. Definitive terms and deliveries depend on material characterization, environmental testing, applicable regulatory approvals and a definitive agreement. No pricing or minimum purchase commitments have been established.
ESGold (ESAUF) has surpassed 4,000 metres of drilling at Montauban, extending exploration beyond the historic mine into southern and deeper targets. Approximately 4,074 metres have been drilled, more than 80% of the planned 5,000-metre program. Laboratory assays remain pending; observed veins and sulphide minerals do not establish metal grades or continuity.
Hole MM-26-27 reached approximately 408 metres. As of October 4, 2026, MM-26-28 was underway with a planned length of approximately 600 metres. For the tailings processing facility, 19 equipment containers are on the water from China, with eight scheduled to leave this week. ESGold is advancing installation, equipment integration, testing and commissioning toward gold and silver production.
ESGold (ESAUF) has completed its expanded Phase 2 Ambient Noise Tomography (ANT-2) survey and an updated 3D geological model for the Montauban gold-silver project in Quebec.
The integrated model combines data from 1,637 drillholes, 1,707 multi-element ICP samples, structural geology and geophysics over approximately 70 km². ANT-2 deployed 200 three-component geophone stations across the northern property, providing geological constraint from about 86 metres to 1.2 kilometres depth and identifying broad low-velocity layers plus near-vertical low-velocity corridors trending roughly 020°. The work defines southern and eastern corridors, and a comparatively under-tested northern area, as priority domains where favourable lithology, structural architecture, geochemical pathfinders and geophysical features coincide. ESGold plans to use this model as the technical foundation for 2027 exploration planning through database validation, target ranking and targeted drilling.
ESGold (OTCQB:ESAUF) has received an Authorization of Impact-Causing Exploration Work (ATI) from Québec’s Ministère des Ressources naturelles et des Forêts for systematic drilling at its 100%-owned Montauban Gold-Silver Project. The ATI allows final field preparations, access planning and contractor mobilization for an initial drill program.
The program will prioritize historical crown-pillar mineralization and step-out targets defined by historical data, structural interpretation and Ambient Noise Tomography, which outlined an interpreted corridor to ~900 m depth over at least 2 km strike within a broader 70 km² survey. Drilling will advance alongside construction and commissioning of ESGold’s fully permitted tailings reprocessing operation, supporting the company’s dual-track strategy while maintaining that current exploration targets are conceptual and not yet mineral resources.
ESGold (OTCQB: ESAUF) reported a key milestone for its Montauban Gold-Silver Project, as its technical team returned from China after completing an equipment inspection program. Engineers confirmed that remaining mill equipment from Chinese manufacturers meets industry and company specifications and approved it for shipment, with arrival expected in 45–60 days.
Mobile water treatment equipment has already been delivered to site, while major mining components such as the Falcon Concentrator and thickeners have been purchased and fully paid for, with delivery targeted for the second week of August. ESGold is also advancing exploration planning and awaiting drill permits while integrating new geological data.
ESGold (CSE:ESAU, OTCQB:ESAUF) signed two definitive purchase agreements with arm's length parties to acquire 44 mineral claims totaling approximately 2,448 hectares in the Montauban region of Québec, expanding its district-scale land position around the Montauban Gold-Silver Project.
According to ESGold, historical work on the claims reported gold, silver, copper and zinc mineralization, though these results are historical, not NI 43‑101 compliant, and remain unverified. Transaction consideration totals $70,000 in cash and 600,000 common shares (200,000 at a deemed $0.50 and 400,000 at $0.55), for a 100% interest with no retained royalty. Closing may occur in stages and is subject to mineral claim transfers and Canadian Securities Exchange approval, with shares subject to a four‑month‑and‑one‑day hold period.
ESGold (CSE: ESAU, OTCQB: ESAUF) appointed Pierre-Marc Gagnon, P.Eng. as Operations Director for its fully permitted Montauban Gold-Silver Project in Québec. He brings underground mining, drilling, and project development experience from roles at major miners and technology firms.
ESGold granted Mr. Gagnon 25,000 RSUs, raising his total to 150,000 RSUs, vesting immediately and settleable in shares or cash, subject to Canadian Securities Exchange approval. The company reports ongoing construction, site preparation, contractor coordination, and processing plant integration to advance operational readiness and future exploration targeting at Montauban.
ESGold (OTCQB: ESAUF) reported delivery of a propane-fired tilting dore furnace to its fully permitted Montauban Gold-Silver Project in Québec. The furnace supports onsite precious metals handling and future dore pouring.
ESGold is advancing construction, mill circuits, gravity recovery, and gold room preparations toward commissioning.
ESGold (OTCQB:ESAUF) signed a definitive gold and silver doré purchase agreement with Ocean Partners, covering 100% of Montauban Project production from tailings and potential crown pillar material.
The deal includes minimum delivery commitments of 50,000 oz gold and 1,000,000 oz silver and a non-dilutive working capital facility of up to C$9 million in two tranches.
Ocean Partners will pay based on LBMA/COMEX prices for 99.8% of contained gold and 99% of contained silver, less standard refining charges, with provisional payments up to 90% within one business day.
ESGold (OTCQB: ESAUF) engaged ICP Securities to provide automated market making using its ICP Premium™ algorithm, in line with Canadian Securities Exchange rules. The agreement started May 22, 2026, at a monthly fee of C$7,500, with an initial four-month term and automatic one-month renewals.
According to ESGold, the engagement aims to support more orderly trading, improve quote quality, and address temporary supply-demand imbalances in its shares. ICP is arm's length, receives no equity compensation, and bears its own trading costs.