ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) announced it 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 agreement could create an additional revenue stream alongside ESGold’s planned gold and silver recovery operations, while 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. 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 announcement matters because it signals a potential shift in how mining waste is managed, transforming a long-standing liability into a revenue-generating asset and reducing environmental risks. If successful, the model could serve as a template for other mining projects seeking to combine resource recovery with sustainable waste management.
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 in Québec 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. For more details, see the full press release. The latest news and updates relating to ESAUF are available in the company’s newsroom at https://ibn.fm/ESAUF.
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