Curated News
By: NewsRamp Editorial Staff
November 19, 2025

ESGold Secures $9M Partnership, Fully Funds Quebec Gold Project

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Original Source

TLDR

  • ESGold's $9M partnership positions it ahead of competitors with full funding for 2026 production, creating a stable revenue channel for gold and silver.
  • ESGold secured a C$9 million term sheet with Ocean Partners, providing financial stability for its Montauban project which has C$15 million in existing infrastructure.
  • ESGold's responsible mining practices at Montauban combine sustainable resource recovery with long-term value creation for local communities and stakeholders.
  • The Montauban gold-silver project has a mining history dating back to the early 1900s and features a 20,000 sq. ft. processing facility near Quebec City.

Impact - Why it Matters

This development matters because it demonstrates how strategic partnerships can accelerate mining projects from exploration to production, potentially creating new economic opportunities in established mining regions. For investors, it shows ESGold's transition from exploration to near-term production with secured funding, reducing execution risk while providing revenue visibility through long-term sales agreements. The project's location in Quebec, a mining-friendly jurisdiction with existing infrastructure, enhances its viability and could contribute to regional economic development. For the mining sector, ESGold's approach of focusing on permitted, low-capex projects with immediate revenue potential represents an emerging trend toward more financially disciplined mineral development that minimizes shareholder dilution while maximizing returns.

Summary

ESGold Corp (CSE: ESAU, OTCQB: ESAUF, FSE: Z7D), a mineral exploration and development company, has achieved a significant milestone by securing a C$9 million binding term sheet with Ocean Partners UK Ltd. This strategic partnership represents a major financial boost for ESGold, transforming the company into a fully funded entity with the resources to advance its flagship Montauban Gold-Silver Project in Quebec. The agreement establishes a stable, long-term sales channel for all gold and silver dore production while creating certainty around revenue realization and reinforcing the project's economic foundation. This development positions ESGold ahead of competitors and validates the company's strategy of advancing permitted, low-capex projects designed to generate high-margin returns while minimizing shareholder dilution.

The Montauban project, located just 80 kilometers west of Quebec City, boasts a rich mining history dating back to the early 1900s and combines immediate revenue potential with transformational exploration upside. ESGold has already invested over C$15 million in infrastructure development, including power access, roads, and a substantial 20,000 square foot processing facility, demonstrating strong confidence in the project's economic viability. With this new financial backing from Ocean Partners, ESGold now possesses the financial strength, strategic partnerships, and operational readiness to meet its ambitious 2026 production deadline for the Montauban facility. The company's approach emphasizes responsible mining practices while pursuing district-scale discovery potential in the established mining region of Quebec.

As a fully permitted, pre-production resource company at the forefront of clean mining and exploration innovation, ESGold continues to deliver long-term value through sustainable resource recovery and exploration. The company's progress and updates remain accessible through the NetworkNewsWire platform, which provides comprehensive financial news and content distribution services as part of the Dynamic Brand Portfolio within the Investor Brand Network. This partnership with Ocean Partners not only secures ESGold's financial position but also provides the flexibility needed to continue exploration and development activities while maintaining focus on the company's core mission of advancing high-quality mineral properties worldwide through strategic, economically sound approaches to mining development.

Source Statement

This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, ESGold Secures $9M Partnership, Fully Funds Quebec Gold Project

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