ESGold Corp. Updates: RSUs Issuance to New Director and Montauban Project Progress
Summary
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What is ESGold Corp.?
ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) is a pre-production gold and silver company advancing its Montauban Project in Quebec, focusing on clean mining and exploration innovation.
Who is Peter Espig and what is his role at ESGold Corp.?
Peter Espig is a new board member at ESGold Corp. with deep experience in project finance and transitioning juniors to producers. He has been issued 500,000 restricted share units (RSUs) as part of the company’s equity incentive plan.
What is the current status of the Montauban Project?
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. ESGold targets production by year-end 2025.
Where is the Montauban Project located?
The Montauban property is located 80 kilometers west of Quebec City, serving as a model for responsible mining practices with near-term production and district-scale discovery potential.
How can I find more information about ESGold Corp.?
For more information, visit ESGold Corp.’s website at https://esgold.com/ or the latest news and updates at https://ibn.fm/ESAUF.
What are restricted share units (RSUs) and why were they issued?
Restricted share units (RSUs) are a form of equity compensation used to incentivize and retain employees or board members. ESGold Corp. issued 500,000 RSUs to Peter Espig as part of its equity incentive plan.
What is the significance of the Humphrey Spirals to the Montauban Project?
Humphrey Spirals are key to the gravity recovery circuit at the Montauban processing site, essential for the efficient recovery of gold and silver, marking a significant step towards production.
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