ESGold Corp. is pleased to provide the following update on the progress of its Preliminary Economic Assessment Report. Additions to the gold resource potential have extended the PEA release date and the report is now anticipated to be available within the coming weeks. The final report will include not only the new and historic resource estimate from the Montauban Tailings but also a historic near surface resource [...]
ESGold Corp. is pleased to welcome Mr. Pierre-Olivier Mathys to its Advisory Board. "We are pleased to welcome Pierre-Olivier to the ESGold Advisory Board, his vast experience in start-ups and entrepreneurial experience coupled with strong managerial and operational oversight will be invaluable to ESGold as we grow our business and pursue our mission of becoming a successful and profitable mining company," said Jean Yves [...]
ESGold Corp. is pleased to announce that it has entered into a collaborative agreement with the Mineral Technology Research and Service Unit of the University of Quebec in Abitibi-Témiscamingue . In this initial agreement UQAT-URSTM will provide the Company with scientific and technical support for metallurgical testing of the tailings from the Montauban site. ESGold aims to neutralize the acid generating tailings that [...]
ESGold Corp. is pleased to announce the closing of a non-brokered private placement of flow-through share units and common share units. The Company raised gross proceeds of $534,500 by the issuance of 10,690,000 FT Unit at a price of $0.05 per FT Unit. Each FT Unit comprised of one common share and one-half common share purchase warrant. Each whole warrant is exercisable into one common share at a price of $0.075 per [...]
ESGold Corp. is pleased to provide the following Corporate Update: Preliminary Economic Assessment Report Significant progress has been made towards the completion of the PEA which is anticipated to be issued prior to PDAC in early March 2023. The PEA is becoming a very robust document which shall incorporate the following: a resource calculation update on residues, hard rock industrial mineral ; take into consideration [...]
ESGold Corp.is very pleased to announce that it has entered into a joint venture agreement with DMCMS Inc. to produce and sell construction building materials. The new Joint Venture will use an organic Polymer that will bond the processed tailings into building materials with shapes including, Bricks, Cinder Blocks, Paving Stones, Patio Tiles, Parking Columns and Highway Jersey Barriers used to define traffic lanes. The [...]
ESGold Corp. is pleased to announce that it has entered into an agreement with Sennen Potash Corp. to sell its Eagle River Exploration Project in exchange for 11.25 million Flow-Through shares of Sennen at a value of $0.20 per share and a cash payment of $50,000 for a total compensation of C$2.3 million. The shares are subject to a two year escrow provisions as follows: 15% issued upon close of the transaction month [...]
ESGold Corp. is pleased to announce that it has engaged Ghislain Lafontaine to provide oversight of the critical infrastructure construction at the mill at Notre-Dame-de-Montauban, Quebec. M. Lafontaine, through his Construction Contracting Company GLA Electrique Inc., will begin immediate installation of the electric services that will form the backbone for the operation of the mill. This will include preparing and [...]
ESGold Corp. is pleased provide the following update on its Ottawa River project. The Company engaged Geophysique GPR International Inc. to conduct a three-part bathymetric mapping survey of the Ottawa River project. The survey has provided detailed data relating to water depth, riverbed topography, underwater features and the thickness of the sediment above the floor of the river called sub-bottom. The survey took place [...]
ESGold Corp. announces that it has agreed to settle an aggregate amount of $199,897.32 in bona fide debt with an arm’s length creditor of the Company. In settlement of the Debt, the Company: paid the Creditor $50,000 in cash on October 3, 2022; paid the Creditor $50,000 in cash on October 7, 2022; and will issue the Creditor 1,200,000 common shares in the capital of the Company at a deemed price of $0.10 per Share. The [...]
ESGold is pleased to welcome Mr. Christopher Stewart to its Board of Directors. "We are pleased to welcome Chris to the ESGold Board, his vast experience in the mining industry coupled with strong managerial and operational oversight will be invaluable to ESGold as we grow our business and pursue our mission of becoming a successful and profitable mining company," said Jean Yves Therien, CEO of ESGold. Chris is a [...]
ESGold is pleased to report that the assay results from the Company’s initial sampling program on its Ottawa River Project has confirmed the presence of gold in every processed sample at MSALabs in Val D’Or. The sampling program was carried out over an eight (8) day period commencing on July 18, 2022 and completed at noon on Monday July 25, 2022. In total, sixty-one (61) 2kg samples were extracted by the Soderholm [...]