ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) has signed a non-binding memorandum of understanding (MOU) with Québec-based Culture H. Dolbec Inc. to evaluate the potential supply and beneficial reuse of up to 300,000 metric tonnes annually of neutralized mining residue from its fully permitted Montauban Gold-Silver Project in Québec. The announcement, disseminated on behalf of ESGold Corp., could lead to a new revenue stream for the company while helping remediate environmental risks associated with more than a century of mining activity in the region.
Under the agreement, the companies will assess the use of treated mining residue as aggregate for potential construction applications. This initiative aligns with ESGold’s strategy to recover precious metals from historic mine tailings and its planned closed-circuit processing system, which is designed to recover remaining gold and silver while treating, neutralizing, and stabilizing residual material for potential reuse. The MOU is non-binding, and any definitive agreement and deliveries will depend on material characterization, environmental testing, and applicable regulatory approvals. No pricing or minimum purchase commitments have been established.
“Our goal is to turn what has been an environmental liability for more than a century into something that benefits both the community and our shareholders,” said ESGold CEO and Director Gordon Robb. The Montauban project, which is under construction, is central to ESGold’s clean mining model, and the reuse of residue could enhance the project’s sustainability profile and economic returns.
For investors, the MOU signals a potential dual benefit: generating value from waste while mitigating environmental liabilities. ESGold (CSE: ESAU) (OTCQB: ESAUF) is a fully permitted, fully funded, pre-production mining company advancing a scalable clean mining model across North America. The company’s dual-track strategy of cash flow today and discovery tomorrow positions it for clean, sustainable growth and long-term shareholder value.
To view the full press release, visit https://ibn.fm/SWZez. The latest news and updates relating to ESAUF are available in the company’s newsroom at https://ibn.fm/ESAUF.
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