ESGold Corp. Advances Sustainable Gold Recovery Project in Quebec with Gravity Separation Technology
TL;DR
ESGold's successful delivery of Humphrey spiral concentrators enhances gold and silver recovery efficiency, boosting competitive advantage.
ESGold's gravity separation circuit at Montauban site ensures efficient gold and silver recovery from historic tailings, supporting low-impact tailings-to-cash flow model.
ESGold's clean mining innovation and sustainable resource recovery at Montauban property contribute to responsible mining practices and long-term value creation.
ESGold's progress on construction, PEA update, and 3D geological model release showcases commitment to innovation and environmental responsibility in the mining industry.
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ESGold Corp. has reached a critical development stage at its Montauban project in Quebec, installing Humphrey spiral concentrators to enable gravity separation for gold and silver recovery from historic tailings. The company's innovative approach targets a processing throughput of up to 1,000 tonnes per day, representing a key component of its clean mining strategy. CEO Paul Mastantuono confirmed that construction is progressing according to schedule, with first production still anticipated by the end of 2025.
The project highlights ESGold's commitment to sustainable resource recovery, leveraging proven expertise in Quebec's mining landscape. The gravity separation circuit installed at the site demonstrates the company's focus on low-impact mining techniques. By targeting historic tailings, ESGold is not only creating a potential revenue stream but also implementing an environmentally conscious approach to resource extraction that addresses legacy mining impacts.
The milestone comes amid a robust period for Canadian gold production. Canada currently ranks as the fourth-largest gold-producing nation globally, with major companies like Barrick Gold, Kinross Gold, and B2Gold reporting strong first-quarter results in 2025. This favorable market environment positions ESGold's project well within the broader context of Canada's mining sector strength and growing emphasis on sustainable practices.
ESGold is further advancing its project by preparing an updated Preliminary Economic Assessment (PEA) and plans to release a comprehensive 3D geological model in the coming weeks. The Montauban property, located 80 kilometers west of Quebec City, represents a strategic asset with near-term production potential and broader district-scale exploration opportunities. The company's approach to reprocessing historic tailings represents an emerging trend in the mining industry that combines economic opportunity with environmental remediation.
The installation of Humphrey spiral concentrators specifically addresses the need for efficient mineral separation without the extensive chemical processing typically associated with gold recovery. This technology selection reflects ESGold's strategic focus on minimizing environmental impact while maximizing resource recovery from previously mined materials. The project's advancement signals growing industry recognition that sustainable mining practices can be economically viable while addressing historical environmental legacies.
Curated from InvestorBrandNetwork (IBN)
