ESGold Corp. Advances Montauban Project Toward First Production with Gravity Separation Technology
TL;DR
ESGold Corp. advances its Montauban Project with key milestones, offering investors a scalable clean redevelopment model for legacy mining sites with significant resource recovery potential.
ESGold Corp. has successfully installed Humphrey Spirals at its Montauban Project, enhancing the gravity separation circuit to process up to 1,000 tonnes per day of historic tailings.
ESGold Corp.'s Montauban Project exemplifies responsible mining, aiming to improve environmental outcomes by recovering gold, silver, and mica from historic tailings sustainably.
Discover how ESGold Corp. is revolutionizing mining with its Montauban Project, combining innovative technology and sustainable practices for resource recovery and exploration.
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ESGold Corp. has announced pivotal advancements at its Montauban Project in Quebec, signaling progress toward first production. The installation of Humphrey Spirals, a cornerstone of the plant's gravity separation circuit, has been completed, enabling the processing of up to 1,000 tonnes per day of historic tailings for the recovery of gold, silver, and mica. This development underscores the company's commitment to leveraging innovative technologies for resource recovery.
Concurrently, lab testing is underway to optimize the recovery process and minimize reagent use, with final results anticipated this month. These efforts are part of ESGold's broader strategy to establish a scalable and environmentally responsible model for redeveloping legacy mining sites. The company has also finalized its Preliminary Economic Assessment, focusing solely on tailings material, which is set to be released shortly. This assessment excludes the potential upside from hard rock resources, highlighting ESGold's immediate focus on tailings reprocessing.
Further enhancing the project's prospects, ESGold expects to publish results from its Ambient Noise Tomography survey and introduce a new 3D geological model that integrates seismic and historical data. CEO Paul Mastantuono emphasized the significance of the coming weeks as the company moves closer to realizing its vision of clean mining and exploration innovation. The Montauban Project, located 80 kilometers west of Quebec City, exemplifies ESGold's approach to combining near-term production capabilities with the potential for district-scale discoveries, all while adhering to sustainable mining practices.
The advancements at the Montauban Project not only represent a milestone for ESGold Corp. but also contribute to the evolving narrative of sustainable mining in Quebec and beyond. By focusing on the reprocessing of historic tailings, ESGold is addressing environmental concerns associated with legacy mining sites while unlocking economic value. This approach aligns with global trends toward responsible resource extraction and positions ESGold as a leader in the clean mining sector.
Curated from InvestorBrandNetwork (IBN)
