ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) has achieved a significant milestone in its journey toward becoming a near-term gold and silver producer. The company recently announced that it has entered into a definitive gold and silver dore purchase agreement with Ocean Partners UK Ltd., a globally respected metals trading and mine finance firm. Under the terms of the agreement, Ocean Partners will purchase 100% of the dore production from ESGold’s flagship Montauban Project in Quebec. In return, ESGold will gain access to a non-dilutive working capital facility of up to C$9 million.
ESGold’s CEO Gordon Robb emphasized the importance of this development, noting that it marks 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 stated. “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 is a fully permitted gold-silver property located in Quebec, Canada, and is currently under construction with production anticipated in 2026. ESGold is advancing a scalable clean mining model across North and South America, focusing on sustainable growth and long-term shareholder value. The company is fully permitted and funded for pre-production activities.
This agreement not only provides ESGold with critical non-dilutive financing but also establishes a reliable offtake partner for its future production. For a detailed look at the agreement and its implications, readers can view the full article at https://ibn.fm/BX0GN.
ESGold’s dual-track strategy combines cash flow from near-term production with continued exploration for future discoveries. The company’s commitment to clean mining practices positions it as a responsible player in the mining sector. As ESGold progresses toward production, the partnership with Ocean Partners is expected to provide financial stability and operational support.
For the latest news and updates on ESGold Corp., visit the company’s newsroom at https://ibn.fm/ESAUF.
