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FAQ on ESGold Corp.'s RSU Issuance and Montauban Project Progress

FaqStaq News - Just the FAQs • May 7, 2025
By FAQstaq Staff
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FAQ on ESGold Corp.'s RSU Issuance and Montauban Project Progress

Summary

ESGold Corp. has issued 500,000 restricted share units to new board member Peter Espig and reported on the progress of construction at its Montauban processing site, targeting production by year-end 2025.

What is ESGold Corp.?

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) is a pre-production gold and silver company focused on advancing its Montauban Project in Quebec, aiming for sustainable resource recovery and exploration.

Why did ESGold issue RSUs to Peter Espig?

ESGold issued 500,000 restricted share units to Peter Espig, a new board member, as part of its equity incentive plan, recognizing his deep experience in project finance and transitioning juniors to producers.

What is the progress on the Montauban processing site construction?

Construction at the Montauban processing site is progressing on schedule, with the delivery of Humphrey Spirals, key to the gravity recovery circuit, expected next week.

When does ESGold target production at Montauban?

ESGold targets production at its Montauban property by year-end 2025.

Where is the Montauban property located?

The Montauban property is located 80 kilometers west of Quebec City, serving as a model for responsible mining practices.

How can I find more information about ESGold Corp.?

More information about ESGold Corp. is available in the company’s newsroom at https://ibn.fm/ESAUF and on their official website at https://esgold.com/.

What is MiningNewsWire?

MiningNewsWire is a specialized communications platform focusing on developments and opportunities in the Global Mining and Resources sectors, part of the Dynamic Brand Portfolio @ IBN.

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