ESGold Corp. Advances Sustainable Mining Project with Government Funding Discussions

ESGold Corp. is advancing its Montauban Project through discussions with Quebec and Canadian governments to secure non-dilutive funding as the company moves closer to gold and silver production. This funding approach allows the company to advance its operations without diluting shareholder value, representing a strategic financial model for mining development. The project's development includes constructing a 500-tonne pilot plant and a 1,000-tonne commercial facility, demonstrating a phased approach to scaling operations while maintaining operational efficiency and environmental standards.

The Montauban property, located 80 kilometers west of Quebec City, embodies ESGold's commitment to sustainable mining innovation through its focus on clean technology and proprietary equipment. This emphasis on environmentally responsible resource extraction positions the project as a model for modern mining practices that balance economic development with environmental stewardship. The company's approach combines near-term production capabilities with significant district-scale discovery potential, creating a comprehensive development strategy that addresses both immediate operational goals and long-term resource potential.

Economic development forms a core component of ESGold's strategy, with the project expected to create approximately 30 direct jobs while prioritizing local contractors for project development. This local focus ensures that economic benefits remain within the regional community, supporting sustainable development beyond the mining operations themselves. The company's progressive approach to resource extraction demonstrates how mining operations can generate economic value while maintaining environmental responsibility, setting a precedent for future mining developments in Quebec and beyond.

As ESGold continues to position itself as a forward-thinking mining company, the Montauban Project represents a significant step in responsible resource recovery and exploration within Quebec's mining landscape. The combination of government partnerships, sustainable technology implementation, and local economic development creates a comprehensive model for modern mining operations that addresses multiple stakeholder interests while advancing toward production goals.