ESGold Advances Montauban Project with New Director and Construction Progress

ESGold Corp. has issued 500,000 restricted share units (RSUs) to new board member Peter Espig, signaling strategic expansion of its leadership team as the company advances its Montauban Project in Quebec.

Espig brings significant expertise in project finance and experience transitioning junior mining companies to producers. His appointment suggests ESGold is positioning itself for potential growth and operational scaling in the near future.

The company reported continued progress in construction at its Montauban processing site, with key equipment installations on track. Notably, the delivery of Humphrey Spirals—critical to the gravity recovery circuit—is expected next week, maintaining the project's construction timeline.

ESGold remains focused on its production target of year-end 2025, with the Montauban property located 80 kilometers west of Quebec City. The project represents the company's commitment to sustainable mining practices and resource recovery.

The strategic additions and steady construction progress indicate ESGold is methodically advancing its goal of becoming a gold and silver producer, potentially creating value for investors and demonstrating the company's operational capabilities in the mining sector.