ESGold Corp. is a Canadian mining company advancing the Montauban Gold-Silver Project in Québec, a fully permitted tailings reprocessing operation designed to generate near-term production while supporting long-term exploration across the broader Montauban district.
The project sits within a historic polymetallic mining camp that produced gold, silver, zinc, and lead throughout the twentieth century. While past operators focused primarily on base metals, modern geological modelling now suggests the presence of a larger gold-silver system beneath and around the historic workings.
ESGold’s strategy combines near-term production from historic tailings with district-scale exploration, allowing the company to generate revenue while continuing to evaluate the broader mineralized system.
Located in central Québec, Montauban benefits from strong infrastructure, access to hydroelectric power, and a long history of mining activity in the region.
A Tailings-to-Cash Flow Model
ESGold’s core business model is built around the recovery of gold and silver from historic tailings left behind by previous mining operations at Montauban.
For decades, earlier operators focused primarily on base metals, leaving significant precious metals in historical tailings deposits. Modern metallurgical techniques now allow these materials to be economically processed.
Through its processing facility, ESGold is able to recover gold and silver from these historic tailings while simultaneously stabilizing and reclaiming legacy mine waste.
This model creates a unique opportunity to generate near-term revenue from material that has already been mined, crushed, and stored on site.
The result is a lower-risk pathway to production that avoids many of the capital and permitting challenges associated with traditional mine development.
At the same time, the cash flow generated from tailings processing provides a funding base for exploration across the broader Montauban district.
Hear directly from ESGold’s leadership team as they provide updates on exploration progress, construction milestones, and the broader development of the Montauban Project.
Gordon Robb brings extensive experience in global capital markets and corporate development. Prior to joining ESGold, he held senior roles across major financial institutions including ICAP, BGC Partners, and the TMX Group.
He oversees the company’s strategic development, capital markets engagement, and advancement of the Montauban project.
Paul Mastantuono leads project execution and operational development at Montauban, coordinating construction, engineering, and operational planning as the project advances toward production.
Mr. Tong brings more than 15 years of experience working with publicly listed companies across the TSX, TSXV, and Nasdaq exchanges, serving in senior financial leadership and advisory roles across the mining, finance, and venture capital sectors. His appointment further strengthens ESGold’s executive leadership team as the Company continues to advance its fully permitted Montauban Gold-Silver Project in Québec toward planned production in 2026.
Mr. Tong previously served as Chief Financial Officer of Pathway Capital Ltd., a venture capital firm managing a portfolio of early-stage companies with market capitalizations ranging from approximately $5 million to $100 million. Earlier in his career, he worked as a senior auditor with Deloitte & Touche LLP.
Peter Espig brings extensive experience in international capital markets and corporate advisory roles.
Professional geologist with extensive experience in mineral exploration and geological interpretation within Québec.
Provides engineering support related to plant development, infrastructure planning, and operational readiness.
Senior mining engineer responsible for resource estimation and technical oversight.
ESGold’s development model integrates environmental remediation directly into its operating strategy.
Historic mining operations at Montauban produced tailings that remain on surface today. These materials contain recoverable precious metals but also represent legacy mine waste from earlier mining activity.
Through modern processing methods, ESGold is able to recover gold and silver from these historic tailings while stabilizing the remaining material as part of the treatment process. This approach reduces the environmental footprint associated with legacy mine waste while extracting value from previously processed material.
Rather than developing a new mine from untouched ground, ESGold’s strategy focuses on recovering value from existing material while improving environmental conditions at the historic site.
Processed tailings may also be suitable for use in construction aggregates and other industrial applications once stabilized, contributing to a circular resource model that minimizes waste while supporting economic activity.
This multi-product approach improves overall project economics while reinforcing ESGold’s goal of responsible resource utilization.
In addition to precious metals recovery, the Montauban processing circuit is designed to produce additional mineral by-products from the tailings material.
One of the most notable of these is mica, a mineral used in a variety of industrial and commercial applications including construction materials, coatings, and electronics.
The recovery of mica and other mineral by-products allows ESGold to further maximize value from the historic tailings while reducing the volume of residual material remaining at site.
The Montauban project is located in Québec, one of the world’s leading mining jurisdictions and a global leader in low-carbon electricity generation.
Hydroelectric power significantly reduces the carbon footprint of mining and processing operations compared with jurisdictions reliant on fossil-fuel-based energy sources. This energy advantage supports ESGold’s objective of operating a lower-emissions precious metals production platform.
Access to abundant hydroelectric power
A skilled workforce with deep mining expertise
Established transportation and infrastructure networks
Clear regulatory frameworks for responsible development
ESGold is committed to responsible resource development that balances environmental stewardship, community engagement, and long-term economic value.
By integrating remediation, resource recovery, and responsible operations, ESGold’s approach represents a modern framework for developing historic mining districts.
The Montauban project combines near-term production with exploration potential across a historic mining district.
Learn more about ESGold’s development strategy.