ESGold Corp Advances Montauban Gold Project with Strategic Board Appointment and Construction Milestones

ESGold Corp has enhanced its corporate governance and project development capabilities through the appointment of Peter Espig to its board of directors. The company issued 500,000 restricted share units to Espig, whose extensive background in project finance and experience transitioning junior mining companies to production status brings valuable expertise to ESGold's leadership team. This strategic addition comes at a critical juncture as the company advances its flagship Montauban property toward production.

Construction activities at the Montauban processing site in Quebec continue to progress according to the established timeline. A significant upcoming milestone involves the delivery of Humphrey Spirals, specialized equipment that will form the core of the project's gravity recovery circuit. This technology represents an important component of ESGold's operational strategy, designed to optimize mineral recovery efficiency at the facility located approximately 80 kilometers west of Quebec City.

The company maintains its commitment to achieving production status by the end of 2025, a target that reflects both the current construction pace and the strategic importance of the Montauban Project within ESGold's portfolio. By combining near-term production capabilities with district-scale discovery potential, the company demonstrates a balanced approach to resource development that addresses both immediate operational goals and long-term growth opportunities.

ESGold's development philosophy emphasizes clean mining practices and exploration innovation, positioning the company within the evolving landscape of sustainable resource recovery. The Montauban Project serves as a demonstration of this commitment, incorporating technologies and methodologies designed to minimize environmental impact while maximizing resource extraction efficiency. This approach aligns with increasing industry and regulatory focus on responsible mining practices throughout Quebec and broader Canadian mining jurisdictions.

The strategic developments at ESGold reflect broader trends in the junior mining sector, where companies must balance technical project advancement with strong corporate governance and financial management. The appointment of experienced board members like Espig, combined with steady progress at key operational sites, provides multiple pathways for value creation as the company moves toward production. These parallel developments strengthen ESGold's position within the competitive gold and silver mining landscape while supporting its transition from exploration-focused entity to production-ready operator.