ESGold Corp Secures C$11.45 Million in Funding to Advance Montauban Gold and Silver Project
TL;DR
ESGold secured C$11.45 million in funding to advance Montauban toward gold and silver production, positioning investors for long-term value creation.
ESGold is using C$3.45 million in financing and C$8 million in brokered offerings to complete development of its fully permitted Montauban facility.
ESGold's responsible mining practices at Montauban combine sustainable resource recovery with district-scale discovery potential for long-term environmental stewardship.
ESGold's Montauban property near Quebec City serves as a model for clean mining innovation while unlocking precious metal discoveries.
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ESGold Corp has positioned itself for significant operational milestones following the successful closure of two major funding rounds that provide complete financing for the company's development objectives. The company secured C$3.45 million in a financing round and an additional C$8 million through a brokered life offering, bringing total recent funding to C$11.45 million dedicated to advancing the Montauban facility toward near-term gold and silver production.
According to CEO Gordon Robb, these financial achievements mean ESGold is now fully financed to complete development at Montauban, creating substantial opportunity to unlock long-term value from this facility. The funding simultaneously supports the company's pursuit of promising discovery opportunities across its broader portfolio of mineral properties. This dual approach allows ESGold to build immediate cash flow through production while maintaining focus on long-term exploration potential.
The company's flagship Montauban property, located 80 kilometers west of Quebec City, represents a model for responsible mining practices that combines near-term production capabilities with district-scale discovery potential. As a pre-production stage company committed to the acquisition, exploration, and development of high-quality mineral properties worldwide, ESGold emphasizes clean mining and exploration innovation throughout its operations.
Investors and stakeholders can access the latest news and updates relating to ESGold through the company's newsroom at https://ibn.fm/ESAUF. The comprehensive funding package positions ESGold to execute its strategic vision of building sustainable cash flow while systematically unlocking discovery potential across its property portfolio, marking a transformative period for the company's development trajectory.
Curated from InvestorBrandNetwork (IBN)
