ESGold Corp Advances Montauban Project with New Director Appointment and Construction Milestones

ESGold Corp., a pre-production gold and silver company, has taken significant steps in advancing its Montauban Project in Quebec by appointing a new board member and progressing with site construction. The company issued 500,000 restricted share units to Peter Espig, a director with extensive experience in project finance and transitioning junior mining companies to producers. Espig's appointment signals the company's strategic focus on developing a robust and efficient path to production, with his expertise in project finance and corporate development expected to provide valuable insights as ESGold moves closer to becoming an active gold and silver producer.

The company confirmed that construction at its Montauban processing site is proceeding on schedule, with a key milestone being the upcoming delivery of Humphrey Spirals that will be critical to the site's gravity recovery circuit. ESGold remains committed to its production timeline, targeting commercial production by the end of 2025. Located 80 kilometers west of Quebec City, the Montauban property represents a strategic asset for ESGold and is positioned as a model for responsible mining practices that balance near-term production goals with significant district-scale discovery potential.

The ongoing construction progress and strategic leadership changes demonstrate ESGold's commitment to sustainable resource recovery and exploration in the Quebec mining landscape. The company's approach combines technical advancement with financial expertise to navigate the complex transition from exploration to production phase. This dual focus on operational milestones and corporate governance strengthens ESGold's position in the competitive mining sector while addressing the increasing demand for responsibly sourced precious metals.

As the global mining industry faces evolving regulatory requirements and investor expectations regarding environmental and social governance, ESGold's emphasis on sustainable practices at Montauban reflects broader industry trends toward more responsible resource development. The project's progression contributes to regional economic development in Quebec while establishing a template for modern mining operations that integrate production efficiency with environmental stewardship.