ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) announced the signing of 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 agreement could create an additional revenue stream for ESGold alongside its planned gold and silver recovery operations, while also addressing environmental risks associated with more than a century of mining activity in the region.
Under the MOU, the companies will assess the use of treated mining residue as aggregate for potential construction applications. 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. The initiative supports ESGold’s strategy to recover precious metals from historic mine tailings while repurposing residual material. The company’s planned closed-circuit processing system is designed to recover remaining gold and silver while treating, neutralizing, and stabilizing residual material for potential reuse.
“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 MOU represents a step toward a circular economy approach in mining, where waste from historic operations is transformed into a resource. For investors, the agreement signals potential diversification of revenue and a commitment to sustainable practices, aligning with growing ESG-focused investment criteria.
ESGold Corp. is a fully permitted, fully funded, pre-production mining company advancing a scalable clean mining model across North America. Its flagship Montauban Gold-Silver Project is under construction. With a dual-track strategy of cash flow today and discovery tomorrow, ESGold is building a platform for clean, sustainable growth and long-term shareholder value. The latest news and updates relating to ESAUF are available in the company’s newsroom at https://ibn.fm/ESAUF.
The announcement was disseminated through ESGWireNews, a specialized communications platform focused on the ESG sector and public companies committed to sustainable corporate practices. ESGWireNews is one of 75+ brands within the Dynamic Brand Portfolio @ IBN, which provides wire solutions via InvestorWire, editorial syndication to 5,000+ outlets, press release enhancement, social media distribution, and corporate communications solutions.
For full details, see the full press release at https://ibn.fm/SWZez. Please review the full terms of use and disclaimers on the ESGWireNews website applicable to all content provided by ESG, wherever published or re-published: https://www.ESGWireNews.com/Disclaimer.
