Curated News
By: NewsRamp Editorial Staff
October 02, 2025
ESGold Secures $9M Funding for Quebec Gold-Silver Project
TLDR
- ESGold secured up to C$9 million in financing from Ocean Partners, providing a competitive advantage to complete its Montauban Gold-Silver Project and generate future revenue.
- The C$9 million facility will be drawn in two tranches aligned with Phase 1 and Phase 2 production timelines, with repayment through dore deliveries under an offtake agreement.
- ESGold's clean mining model and sustainable growth strategy at the Montauban Project supports environmentally responsible resource development for future generations.
- ESGold's fully funded Montauban Gold-Silver Project in Quebec is advancing toward 2026 production with a dual-track strategy of cash flow and discovery.
Impact - Why it Matters
This development matters because it represents a significant step forward in North American precious metals production at a time when gold and silver demand continues to grow amid economic uncertainty and inflation concerns. The successful financing arrangement demonstrates investor confidence in ESGold's clean mining model and the Montauban Project's viability, potentially creating new economic opportunities in Quebec while advancing sustainable mining practices. For investors, this signals a well-capitalized company moving toward production with a clear path to revenue generation through the offtake agreement. The project's progress also contributes to North America's strategic mineral independence at a time when supply chain security has become increasingly important. Furthermore, the clean mining approach addresses growing environmental concerns in the resource sector, potentially setting new standards for responsible mineral development.
Summary
ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) has secured a significant financial partnership with Ocean Partners UK Ltd., signing a binding term sheet for a Prepayment and Working Capital Facility of up to C$9 million. This substantial funding arrangement will support the completion of ESGold's flagship Montauban Gold-Silver Project in Quebec while providing essential working capital for ongoing operations. The financing structure is strategically designed with two tranches aligned with Phase 1 and Phase 2 production timelines, ensuring capital availability throughout the project's development stages. The repayment mechanism involves dore deliveries under an offtake agreement that commits Ocean Partners to purchase 100% of Montauban's gold and silver output, creating a sustainable revenue stream while the financing remains subject to standard conditions and due diligence requirements.
ESGold Corp. represents a fully permitted, fully funded, pre-production mining company advancing an innovative clean mining model across North and South America. The company's flagship Montauban Gold-Silver Project is currently under construction with production anticipated to commence in 2026, positioning ESGold as an emerging player in the precious metals sector. Beyond the Quebec project, ESGold is simultaneously advancing a joint venture in Colombia, validating one of South America's most prolific gold regions for tailings reprocessing and systematic exploration. This dual-track strategy combines immediate cash flow generation with long-term discovery potential, creating a platform for clean, sustainable growth and long-term shareholder value. The company maintains comprehensive investor resources through its official website, including French versions of press releases, past news updates, a 3D model of the Montauban processing plant, media interviews, and opinion-editorial content.
The news release was distributed through Rocks & Stocks, a specialized communications platform delivering deep insights into the mining industry as part of the Dynamic Brand Portfolio within the Investor Brand Network (IBN). This distribution network provides extensive reach through wire solutions, article syndication to over 5,000 outlets, enhanced press release optimization, social media distribution to millions of followers, and tailored corporate communications solutions. The platform's broad reach and experienced team of journalists ensure that mining companies like ESGold can effectively communicate their developments to investors, influencers, consumers, and the general public, cutting through market information overload to achieve unparalleled recognition and brand awareness in the competitive resources sector.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, ESGold Secures $9M Funding for Quebec Gold-Silver Project
