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Canada

Montauban Project

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Montauban Project

Location: 52 km NE from Trois-Rivieres, Quebec, Canada

Project Contacts:

1500 – 1055 West Georgia Street
Vancouver
British Columbia, Canada
V6E 4N7

Contacts:

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Categories

Summary

Mine TypeTailings
Study CompletedPreliminary Economic Assessment
StageConstruction
Commodities
  • Gold
  • Silver
  • Mica
Mining Method
  • Truck & Shovel / Loader
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Mine Life... Lock
SnapshotESGold Corp. is advancing the fully permitted Montauban Gold-Silver Project with the dual objective of economically recovering residual minerals and restoring the historic mine site to environmentally responsible standards. The project involves rehabilitating contaminated tailings sites while extracting gold, silver, and industrial minerals such as mica.

It comprises five principal tailings sites: Anacon Lead 1, Anacon Lead 2, Tétreault 1, Tétreault 2, and Notre-Dame-de-Montauban, all generated from historic processing at the former Montauban underground mine, which hosted a gold-rich VMS deposit.

As of Oct. 28, 2025, construction at Montauban continues to advance rapidly. The main mill structure is now complete, with concrete foundations in their final curing phase. Interior finishing work is ongoing, including the development of a dedicated gold room and fully equipped on-site laboratory. Once complete, ESGold will begin installing the processing equipment already on site.
Latest NewsESGold Completes Montauban Mill Building Construction and Moves Toward Production Readiness     November 10, 2025

Owners

SourceSource
CompanyInterestOwnership
ESGold Corp. 100 % Indirect
The Montauban property is held 100% by ESGold.

Contractors

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SourceSource

Deposit type

  • Tailings

Summary:

Mineralization There is no primary precious-metal mineralization on the Property; however, there are five (5) tailings sites on the Property that were generated during the processing of ore from the historic underground Montauban Mine, which hosted a gold-rich VMS deposit. Secova proposes to mine the Anacon Lead 1 tailings site, which has average gold (Au) and silver (Ag) grades of 0.28 g/t (Au) and 27.10 g/t (Ag), and is delineated over an area of 695 m x 195 m, with a depth of 45 m.

Reserves

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Mining Methods

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Required Heavy Mobile Equipment

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Comminution

Crushers and Mills

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Processing

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Water usage

Parameter2025
Total water 2,400 m3/day

Commodity Production

CommodityProductUnitsAvg. AnnualLOM
Gold Metal in doré oz 3,000 *10,759 *
Silver Metal in doré oz 230,000 *761,878 *
Mica Concentrate kt 18 *57 *
* According to 2025 study.

Operational metrics

Metrics
Daily processing capacity  ....  Subscribe
Annual ore mining rate  ....  Subscribe
Annual processing capacity  ....  Subscribe
Ore tonnes mined, LOM  ....  Subscribe
Tonnes processed, LOM  ....  Subscribe
* According to 2025 study.

Production Costs

CommodityUnitsAverage
Assumed price Mica USD  ....  Subscribe
Assumed price Silver USD  ....  Subscribe
Assumed price Gold USD  ....  Subscribe
* According to 2025 study / presentation.

Project Costs

MetricsUnitsLOM Total
Pre-Production capital costs $M CAD  ......  Subscribe
Closure costs $M CAD  ......  Subscribe
Total CapEx $M CAD  ......  Subscribe
OP OpEx $M CAD  ......  Subscribe
Processing OpEx $M CAD 21.8
G&A costs $M CAD 5.1
Total OpEx $M CAD  ......  Subscribe
Mining Taxes $M CAD  ......  Subscribe
Income Taxes $M CAD  ......  Subscribe
Total Taxes $M CAD  ......  Subscribe
Royalty payments $M CAD  ......  Subscribe
Gross revenue (LOM) $M CAD  ......  Subscribe
Pre-tax Cash Flow (LOM) $M CAD  ......  Subscribe
After-tax Cash Flow (LOM) $M CAD  ......  Subscribe
Pre-tax NPV @ 5% $M CAD  ......  Subscribe
Pre-tax NPV @ 8% $M CAD  ......  Subscribe
After-tax NPV @ 5% $M CAD  ......  Subscribe
After-tax NPV @ 8% $M CAD  ......  Subscribe
Pre-tax IRR, %  ......  Subscribe
After-tax IRR, %  ......  Subscribe

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Oct 31, 2025
....................... Subscription required ....................... Subscription required Subscription required Jul 21, 2025
....................... Subscription required ....................... Subscription required Subscription required Jul 21, 2025

Workforce

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