ESGold (CSE:ESAU) - Targets Quebec Gold Production from Tailings Cleanup

Interview with Gordon Robb, CEO of ESGold Corp.

Recording date: 30th July 2025

ESGold Corporation has positioned itself as a unique investment opportunity in the precious metals sector, combining environmental remediation with near-term production potential. The company is focused on reprocessing toxic tailings from the historic Montauban mine, located 80 kilometers west of Quebec City, transforming environmental liabilities into economic value.

Under new leadership from CEO Gordon Robb, who joined in July 2025 with a background in fixed income trading and resource sector experience at Scottie Resources, ESGold has identified a compelling low-risk development opportunity. The company has quantified approximately 12,000 ounces of gold, one million ounces of silver, and significant mica deposits across six tailings piles representing over a century of mining activity dating back to 1912.

The operational strategy emphasizes measured scaling, beginning with a 500 tons per day pilot plant before expanding to the fully permitted 1,000 tons per day capacity. With existing infrastructure including a steel building and established permits, the capital requirements remain modest at just $6 million in capital expenditures and $2-3 million in operating expenses. This low-capex model offers a rapid payback period of less than one year according to previous assessments.

Beyond immediate tailings processing, ESGold sits on what management describes as a "wildly underexplored" VMS deposit extending to 1,200 meters depth. The company plans to self-fund future exploration through cash flow generated from tailings operations, eliminating typical dilutive financing challenges facing junior exploration companies.

"The market seems to have an appetite for cash flow. We have never seen metals prices as high as they are," Robb explained, highlighting the company's strategy to capitalize on current market conditions while addressing genuine environmental concerns in the local community.

ESGold's approach offers investors exposure to precious metals production with reduced development risk, environmental benefits, and significant exploration upside in an underexplored mining district.

View ESGold's company profile: https://www.cruxinvestor.com/companies/secova-metals-corp

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