12:53 PM EDT, 06/30/2025 (MT Newswires) -- ESGold ( ESAUF ) on Monday said it is doubling the size of its Quebec-based Montauban Project mine building as it transitions into gold and silver production.

Originally planned at 2,000 square feet, the building will now cover 4,000 square feet to accommodate operational needs and support infrastructure.

"As construction progresses and we prepare for near-term operations, we're not just building infrastructure -- we're establishing the systems and capacity needed to support sustained production and long-term growth," said Chief Executive Paul Mastantuono. "This expanded footprint reflects the pace of our momentum and the long-term vision we are committed to delivering at Montauban."

The company has also shipped railbed pre-concentrate samples for lab testing, with results expected in the near term. These results will guide final adjustments to the flow sheet and may impact future on-site processing efficiency.

ESGold ( ESAUF ) was last seen up $0.04 to $1.19 on the Canadian Securities Exchange.

Price: 1.19, Change: +0.04, Percent Change: +3.48