ESGold Corp. has announced significant progress in the construction and technical development of its Montauban Project in Quebec, marking important steps toward establishing a pre-production gold and silver operation. The company has completed installation of Humphrey Spirals, which serve as a critical component of the gravity separation system. This advancement enables the processing of historical tailings at a capacity reaching up to 1,000 tonnes per day, representing a key milestone in developing the project's future output capacity.
The company has also finalized its Preliminary Economic Assessment focusing exclusively on tailings material, with additional updates and data releases expected in the near future. Concurrent testing of spiral circuit concentrates is currently underway, with anticipated results expected to guide optimization strategies for improving recovery rates and reagent efficiency. These technical developments form part of ESGold's broader strategic approach to leverage the current high price environment for gold, potentially offering investors lower-cost exposure to gold with enhanced return potential.
Further enhancing the project's technical foundation, ESGold is developing a comprehensive 3D geological model utilizing both seismic and historical data. The company's progress at the Montauban Project demonstrates its commitment to advancing toward operational viability, with significant implications for the gold and silver mining sector. For additional details about these developments, visit https://ibn.fm/abPvq.
