- A recently posted editorial pointed to optimism for the mine development strategy that ESGold is pursuing, involving prioritizing accessible revenue generation over more speculative mining exploration
- ESGold is approaching the gold and silver market in a unique way, working to first rehabilitate an established legacy mine site in Quebec, generating sufficient capital to proceed with a deeper exploration strategy at a future date
- ESGold expects to generate significant revenue during the first few years of operation by recovering known metals and minerals that can be repurposed profitably
- The company has already conducted a non-invasive, cost-effective Ambient Noise Tomography (ANT) survey that resulted in a report this month indicating open potential at depth both vertically and laterally for ESGold’s eventual plans for exploration at the legacy site
Gold and silver resource developer ESGold (CSE: ESAU) (OTCQB: ESAUF) was featured in an editorial published this month, drawing attention to the company’s low-risk, nature-friendly, revenue-first strategy for developing abandoned mine operations into profitable enterprises.
While junior miners generally engage in speculative exploration that requires significant infusions of capital, ESGold has opted for a different approach that builds a revenue stream from readily accessible mine waste and other resources. That revenue can then be reinvested at a future point in exploration at…
NOTE TO INVESTORS: The latest news and updates relating to ESAUF are available in the company’s newsroom at https://ibn.fm/ESAUF
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