ESGold Stock Price, News & Analysis

ESGold Corp. (ESAUF) has announced a strategic leadership transition as it advances its Montauban Gold-Silver Project in Quebec towards production. The company is currently in advanced discussions to bring on a new senior executive to lead its next growth phase. As part of this restructuring, Brad Kitchen will step down from his position as President, with no immediate replacement planned.

The transition aligns with ESGold's dual-track strategy focusing on near-term tailings reprocessing and district-scale exploration. CEO Paul Mastantuono emphasized that this change marks a new era for the company as it progresses toward becoming a cash-flowing gold and silver producer, with on-site construction currently underway.

ESGold Corp (ESAUF) has announced the delivery of Humphrey spiral concentrators to its Montauban site in Quebec, marking a significant milestone in its construction timeline. The gravity separation circuit is designed to process 1,000 tonnes per day of historic tailings, producing marketable mica concentrate while recovering gold and silver.

The Humphrey Spirals are industry-standard gravity concentrators that use centrifugal force and fluid dynamics to separate minerals without chemical reagents. The company is on track for first production by year-end 2025. Upcoming catalysts include an updated Preliminary Economic Assessment (PEA), circuit assembly and integration, and the release of ANT survey interpretation and 3D geological model in the coming weeks.

ESGold Corp. (ESAUF) has been invited to present at the Metals Investor Forum on May 9, 2025, at the Rosewood Hotel Georgia in Vancouver. The company was specifically selected by silver expert Peter Krauth, author of Silver Stock Investor, who recognizes ESGold as a promising junior gold-silver company approaching production.

The presentation, scheduled for 2:50 PM PST, will focus on ESGold's Montauban Project in Quebec, updating investors on ongoing construction progress and the company's anticipated first gold and silver production by year-end. Virtual attendance options are available for those unable to attend in person.

ESGold Corp. (ESAUF) has announced two key developments: First, the company issued 500,000 restricted share units (RSUs) to new board member Peter Espig, a seasoned mining executive with expertise in project finance and restructuring. The RSUs are part of the company's strategy to align management interests with shareholders and will vest according to the Omnibus Equity Incentive Plan.

Second, construction at the Montauban processing site in Quebec is progressing as planned, with Humphrey Spirals for the gravity recovery circuit expected to arrive next week. The company remains on track for production startup by year-end 2025, focusing on maintaining cost discipline while working toward near-term cash flow generation.

ESGold Corp (ESAUF) has appointed veteran mining executive Peter Espig to its Board of Directors, effective immediately. Espig brings extensive experience from his roles as Vice-President at Goldman Sachs Japan and Olympus Capital, where he participated in over $10 billion in structured deals. Since 2013, as President and CEO of Nicola Mining, he successfully transformed a distressed asset into a profitable mining enterprise, growing its market capitalization over ten-fold.

The appointment comes as ESGold advances its Montauban Gold-Silver Project in Quebec toward production in late 2025. The company is currently progressing with mill circuit construction, updating its Preliminary Economic Assessment (PEA), conducting 3D geological modeling, and planning expanded exploration strategies.

ESGold Corp. (ESAUF) has announced the discovery of a significant geophysical anomaly in the southwestern portion of its Montauban Project, following a review of 2015 VTEM survey data and historic drill database. The company's expanded land position now encompasses 255 mining claims totaling 13,116 hectares, making it the largest claim package in the Montauban region.

The southwest target features a broad conductivity high coinciding with a strong magnetic anomaly, potentially indicating a buried sulfide-rich VMS environment. The company is developing its first-ever comprehensive 3D geological model, integrating VTEM data, historical drillholes, and upcoming ANT survey data that can image depths up to 800 meters.

While ESGold continues its path toward near-term production through tailings reprocessing, expected by year-end 2025, the company's upcoming initiatives include: releasing the 3D Geological Model in May, interpreting ANT Survey results, implementing exploration strategy, updating PEA with current metals pricing, and continuing construction activities.

ESGold Corp (OTCQB: ESAUF) is actively engaging with Quebec and Canadian governments for funding support as it advances the Montauban Project toward gold and silver production. The company is constructing a 500-tonne pilot plant and a 1,000-tonne commercial facility in Montauban, Quebec.

The project aims to create 20-30 direct jobs and additional employment through exploration activities. Key initiatives include:

• Construction of fully permitted facilities with production expected before year end
• Focus on sustainable practices and clean technology integration
• Investment in high-performance equipment and proprietary technology
• Prioritization of local contractors and regional economic development

The company's exploration activities will generate additional contract positions for drill operators, geologists, and lab technicians. ESGold's approach aligns with Quebec's clean industry initiatives and Canada's goals for innovation-driven, sustainable economic growth.