FAQ on ESGold Corp's Montauban Project Construction Progress and Technical Milestones

What is the Montauban Project?

The Montauban Project is ESGold Corp’s flagship pre-production gold and silver operation in Quebec, currently under development with significant progress reported in construction and technical milestones.

What are Humphrey Spirals and why are they important for the Montauban Project?

Humphrey Spirals are a key part of the gravity separation system designed to process historical tailings at the Montauban Project, supporting throughput of up to 1,000 tonnes per day and establishing the baseline for future output capacity.

What is the Preliminary Economic Assessment (PEA) and what does it cover?

The Preliminary Economic Assessment is based solely on tailings material at the Montauban Project, providing an initial evaluation of the project’s economic viability, with additional corporate updates and data releases anticipated in the coming weeks.

What is the current phase of development for the Montauban Project?

The Montauban Project is entering a critical phase of development that will define its operational and economic viability, with concentrate testing on tailings material underway and results expected soon.

How does ESGold Corp position itself in the current gold market?

With the high price of gold, ESGold Corp sees itself as offering the potential of a lower-cost entry into gold exposure with a higher return, leveraging the Montauban Project’s developments.

Where can investors find the latest news and updates about ESGold Corp?

The latest news and updates relating to ESGold Corp (CSE: ESAU) (OTCQB: ESAUF) are available in the company’s newsroom at https://ibn.fm/ESAUF.

What are the next steps for the Montauban Project?

Next steps include completing concentrate testing on tailings material, building a comprehensive 3D geological model from seismic and historical data, and optimizing recovery rates and reagent efficiency based on lab analysis results.