ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) has reached a significant milestone in its evolution from a development-stage company to a near-term producer by entering into a definitive gold and silver dore purchase agreement with Ocean Partners UK Ltd. The agreement, which covers 100% of dore production from ESGold’s flagship Montauban Project, also provides ESGold with access to a non-dilutive working capital facility of up to C$9 million. This move strengthens the company’s financial position and underscores its progress toward production.
ESGold CEO Gordon Robb highlighted the importance of the agreement, stating, “Ocean Partners is an internationally respected organization with extensive experience across metals trading, mine finance, and global mining operations. Securing a definitive agreement with a group of this caliber significantly strengthens our production strategy and validates the progress our team has made behind the scenes.”
The Montauban Project, located in Quebec, is fully permitted and under construction, with production anticipated in 2026. ESGold is advancing a scalable clean mining model across North and South America, focusing on sustainable growth. The company’s dual-track strategy aims to generate cash flow today while pursuing discovery opportunities for tomorrow.
For more details on this development, readers can view the full article here. Additional updates on ESGold are available in the company’s newsroom here.
