ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) has announced a definitive gold and silver dore purchase agreement with Ocean Partners UK Ltd., a move that the company says marks a significant milestone in its transition to near-term production. Under the agreement, Ocean Partners will purchase 100% of dore production from ESGold's flagship Montauban Project, while ESGold gains access to a non-dilutive working capital facility of up to C$9 million.
ESGold CEO Gordon Robb emphasized the importance of the agreement, noting that it reflects the company's evolution from a development-stage entity to a near-term producer. 'Ocean Partners is an internationally respected organization with extensive experience across metals trading, mine finance, and global mining operations,' Robb said. 'Securing a definitive agreement with a group of this caliber significantly strengthens our production strategy and validates the progress our team has made behind the scenes.'
The Montauban Project, located in Quebec, is a fully permitted gold-silver project that is currently under construction, with production anticipated to begin in 2026. ESGold is a fully permitted, fully funded pre-production mining company advancing a scalable clean mining model across North and South America. The company's dual-track strategy focuses on generating cash flow while pursuing discovery opportunities, aiming to build a platform for sustainable growth and long-term shareholder value.
For more details on the agreement, view the full article at https://ibn.fm/BX0GN. Additional information and updates regarding ESGold are available in the company's newsroom at https://ibn.fm/ESAUF.
