Latest news with #PaulMastantuono
Globe and Mail
2 days ago
- Business
- Globe and Mail
ESGold's (ESAU) (ESAUF) Gold-Silver Project - Risk-Off in a Risky Industry
Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - July 16, 2025) - a global investor news source covering mining and metals stocks issues a snapshot of fully permitted, pre-production gold and silver miner ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D) and its strategy from its founding fifteen years ago, to minimize risk for its shareholders. ESGold Gold-Silver Project To view an enhanced version of this graphic, please visit: The Management From choosing a property that could fast-track to production, to attracting the right management, to a funding strategy that was less dilutive, founder and former CEO, Paul Mastantuono, embedded the philosophy of protecting the shareholders from inception into the Company. Mastantuono now continues to serve as Chairman of the Board while also taking on the role of Chief Operating Officer. Mastantuono told in a recent Exploring Mining Podcast that, "In 2010 we put together a group of family/friends investors with an idea of building an asset that we could fast-track and get a mining project up and running into production; creating value for shareholders for a long time." Taking his vision to a pivotal point nearing production, Mastantuono, thinking as a shareholder, felt it was the right time to bring a leader on board that could take the company to the next level. New CEO, Gordon Robb, possesses more than ten years of expertise in investment banking, fixed income trading, and capital markets within the mining sector. Most recently, he held the position of Business Development and Investor Relations Manager at Scottie Resources (TSXV: SCOT.V), where he played a pivotal role in securing funding for the company and driving effective shareholder communication strategies. Previously, Robb occupied senior positions at prominent global financial firms, including ICAP in Hong Kong, BGC Partners (once a division of Cantor Fitzgerald), and the TMX Group. In these roles, he managed complex fixed income instruments for major institutional clients worldwide. His career has taken him to key financial hubs, including Hong Kong, London, New York, and Dubai, placing him at the forefront of global capital markets and international investment activities. Gordon Robb also shares the shareholder philosophy of Paul Mastantuono, a lesson deeply rooted in his years at Scottie Resources. He recently shared with host Cali Van Zant on an Exploring Mining Podcast, "I was very fortunate to work with Scottie Resources and the CEO, Brad Rourke. Brad was an investor first and saw how money was being spent and ended up taking over the company. To see a company run by an investor, worried about dilution, making sure the shareholders were put first consistently, is a skill I plan on taking forward with ESGold." ESGold also announced the addition of Mr. Peter Espig to the Board of Directors in May as part of its production strategy moving forward. Espig is an experienced capital markets and mining executive with a proven history of success in project financing, corporate restructuring, and guiding junior companies to become cash-flow positive producers. The Property Montauban, situated 80 km west of Quebec City, serves as a model for redeveloping legacy sites into cash-flow-generating projects throughout North America. Talking about its Gold-Silver Project and the risk strategy in choosing it, Mastantuono said, "We wanted to focus on a very different model. Finding a property like Montauban, where it had low hanging fruit, with a million metric tons of tailings made it very simple. It was above ground, no cost exploration; no risk. "We could see it, we could touch it, and we could walk on it. We didn't have to spend millions of dollars to find out where it is and what we have. "It was simple; just process the material and then we have cash flow and then from the cash flow model - take the money and invest it into the ground. We want to tap into what is potentially underground," CEO Gordon Robb said to Investorideas, "We're not just exploring first and going down the same path as most exploration companies do. It is move into production quickly and first generate cash flow and then use that money to go back and explore." In June, the company announced a milestone towards its goal of production. ESGold reported a significant expansion of its Montauban Project mine building to support the Company's transition into gold and silver production. Originally planned at approximately 2,000 square feet, the building is now being expanded to 4,000 square feet to accommodate enhanced operational needs and support infrastructure. More recently ESGold made a major announcement on the Montauban Project, making the potential even bigger than originally anticipated. From the news: The company announced the results of its recent Ambient Noise Tomography (ANT) survey operated by Caur Technologies at the Montauban Gold-Silver Project in Quebec. The preliminary interpretation of this advanced seismic imaging has revealed multiple deep-seated geological structures, suggesting that the Montauban system may extend far beyond its historically mined zones — opening the door to a potential district scale mineral system. Originally scoped to map subsurface structures to 400 metres, the ANT survey exceeded expectations — imaging to depths of 1,200 metres and revealing a vertically extensive, laterally continuous geological system. These findings suggest that Montauban may represent a district-scale Volcanogenic Massive Sulphide (VMS) environment, rather than a singular deposit, with structural and lithological features consistent with some of the most prolific mining camps globally. Key Highlights: Imaging Unveiled to Depths of 1,200 Meters: ANT survey has revealed deep-seated structural zones potentially hosting stacked mineralized lenses - a breakthrough for exploration at Montauban. New Interpretation Supports District-Scale Opportunity: Montauban may represent a clustered VMS system with structural repetition and geological similarities to world-class deposits like Sweden's Skellefte district. North-Central Feeder Zone Emerges: Strong contrast between high-velocity basement in the north and structurally complex southern domains presents multiple potential discovery targets; while the southern area shows more structural complexity - both priority areas for high-value targeting. Historic Assays + VTEM + ANT = Advanced Model Underway: The ongoing 3D geological model will integrate over 950 historic drill holes results, 2015 VTEM survey data, and this new deep seismic imaging to identify next-generation discovery zones. André Gauthier, Director of the Company, added: "We now believe Montauban may be far more than a single deposit — it is emerging as a deep, district-scale system with possible structural and geological continuity," said André Gauthier, as a director of exploration. "These results may place Montauban into a new category of exploration potential. Where previous generations saw a series of shallow pods, we now see the signature of a vertically integrated mineral system — potentially with stacked, repeating lenses akin to those in VMS system or Broken Hill-style districts. We're seeing signatures that resemble the structural architecture of globally significant systems, but we are still in the early stage of exploration." "Montauban is no longer just a development story — it's a discovery story in the making," said Gordon Robb, CEO of ESGold. "This survey has fundamentally changed the way we understand this special deposit. The continuity, depth, and scale of the structures we're seeing suggest that the original mine was just the tip of the iceberg. As we build toward production from the tailings, we're simultaneously unlocking the blue-sky potential beneath. This data confirms Montauban may be just the first chapter in a much larger district-scale opportunity, and we're excited to share that story with the world." Full news: The ESG Factor For mining companies one of the biggest risks and hurdles is the environmental challenges they face in taking a mine to production. The Montauban Property offers a distinctive opportunity to convert legacy tailings into valuable resources through modern milling techniques, while promoting environmental restoration. Chairman Paul Mastantuono explained to Exploring Mining,"Today you need to be socially responsible but it is beyond that with the Government's new mining acts checks and balances. It's a challenge, but it's not rocket science. "The material left behind is an aggregate; a rock. If you have a rock processed at a quarry, different granulation sizes; there is a value to that. In this case the rock is considered waste because of the way it was treated. "If we are able to reprocess it and neutralize it, then you have a material that is worth a lot of money in the industry. What we are able to do is create a byproduct that is 100% reusable, and that makes us full circle ESG. "And more importantly we don't have to manage a tailings pond." The Risk Chief Executive Officer, Gordon Robb, said to Investorideas, "What investors are looking for is risk-off. That is why ESGold is so exciting to me. We are fully permitted, very close to production with a mill on-site and tailings piles ready to be processed. "We just have a few more steps to get there; start producing, be cash flow positive and then funnel that money into exploration, where we don't need to go the market with our hand out. "This is not the dilution model that so many other exploration companies have being doing over the past 30-40 years. "It's risk-off in a risky industry." Learn more about ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D), Research mining stocks at with our free mining stocks directory at About - Big Investing Ideas is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Disclaimer/Disclosure: This article featuring EsGold is paid for content as part of a monthly featured mining stock service (payment disclosure). Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This is not investment opinion. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: Learn more about publishing your news release and our other news services on the newswire Global investors must adhere to regulations of each country. Please read privacy policy:
Globe and Mail
02-07-2025
- Business
- Globe and Mail
ESGold Appoints Gordon Robb as CEO, Marking a New Era of Leadership and Growth
Former Investment Banker and Emerging Resource Finance Leader Joins ESGold to Drive Production and Deliver Scalable Clean Mining Strategy Vancouver, British Columbia--(Newsfile Corp. - July 2, 2025) - ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D) ("ESGold" or the "Company") is pleased to announce the appointment of Gordon Robb as Chief Executive Officer, effective immediately. This milestone follows a rigorous executive search and is aligned with the Company's transition into gold and silver production at its flagship Montauban Project in Quebec. Paul Mastantuono will continue to serve as Chairman of the Board while taking on the role of Chief Operating Officer. Mr. Robb brings over a decade of experience across investment banking, fixed income trading, and mining industry capital markets. Most recently, he served as the Business Development and Investor Relations Manager for Scottie Resources, where he was instrumental in capitalizing the company and leading shareholder engagement strategies. Prior to that, Gordon held senior roles at leading global financial institutions, including ICAP in Hong Kong, BGC Partners (formerly a subsidiary of Cantor Fitzgerald), and the TMX Group, where he traded sophisticated fixed income instruments for some of the world's largest institutional clients. His work spanned major financial centers such as Hong Kong, London, New York, and Dubai—positioning him at the intersection of global capital markets and cross-border investment flows. A graduate of Thompson Rivers University with a BBA in Finance and Economics, Gordon also holds capital markets certifications from the Hong Kong Securities and Futures Commission and the Investment Funds Institute of Canada. "We're entering a transformational phase in ESGold's evolution, and I could not be more excited to welcome Gordon as our new CEO," said Paul Mastantuono, Chairman and COO. "His global capital markets background, investor acumen, and proven track record in scaling resource companies make him the ideal person to lead ESGold into production and far beyond. He has the energy, vision, and credibility to execute our bold strategy and take ESGold to the next level." Mr. Robb's appointment comes at a transformational time for the Company. ESGold is completing the final stages of construction at Montauban, finalizing concentrate testing by gravity separation at Montauban and finalizing the updated Preliminary Economic Assessment (PEA) outlining new project economics. The Company's Ambient Noise Tomography (ANT) survey is nearing completion, with results expected to inform 3D modeling and guide future exploration targeting deeper geological structures. "ESGold has laid the foundation for something extraordinary," said Gordon Robb, CEO. "The Montauban Project is fully permitted, construction is well underway, and a major discovery opportunity is unfolding alongside the tailings-to-cash flow model. We are building what the market has long been waiting for—a replicable, scalable clean mining company that delivers returns through both production and discovery, while minimizing environmental and permitting risk. I'm honoured to lead the next chapter of this Company as we prepare for near-term cash flow and long-term exploration success." With Paul Mastantuono continuing as COO and overseeing on-the-ground execution, ESGold's strengthened leadership team is positioned to deliver against the Company's dual-track strategy: near-term revenue through low-capex tailings reprocessing, and long-term upside through district-scale discovery and a clean, scalable production model. About ESGold Corp. ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D) is a fully permitted, pre-production gold and silver mining company at the forefront of scalable clean mining and exploration innovation. With proven expertise in Quebec, the Company is advancing its Montauban Gold-Silver Project toward near-term production while unlocking long-term value through strategic redevelopment, modern discovery tools, and sustainable resource recovery. Montauban, located 80 km west of Quebec City, represents a blueprint for cash-flow-generating legacy site redevelopment across North America. For more information, please contact ESGold Corp. at +1-888-370-1059 or visit for additional resources, including a French version of this press release, past news releases, a 3D model of the Montauban processing plant, media interviews, and opinion-editorial pieces. Stay connected by following us on X (formerly Twitter), LinkedIn, and joining our Telegram channel. For further information or to connect directly, please reach out to Gordon Robb, CEO of ESGold Corp. at gordon@ or call 250-217-2321. On behalf of the Board of Directors ESGold Corp. "Paul Mastantuono" Chairman & COO info@ +1-888-370-1059 Cautionary Note Regarding Forward-Looking Information This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws, including statements regarding future production, cash flow, exploration results, project economics, and permitting. Forward-looking information is based on reasonable assumptions that management believes are current but involve known and unknown risks and uncertainties that may cause actual results to differ materially. These risks are detailed in the Company's public filings on SEDAR+. Readers are cautioned not to place undue reliance on such statements. ESGold disclaims any obligation to update or revise any forward-looking information, except as required by law. Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Globe and Mail
30-06-2025
- Business
- Globe and Mail
ESGold Expands Montauban Mine Building to 4,000 sq. ft. Ahead of Key Operational Milestones
Increased facility footprint reflects advanced construction progress and preparation for active gold-silver production and concentrate processing Vancouver, British Columbia--(Newsfile Corp. - June 30, 2025) - ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D) ("ESGold" or the "Company") is pleased to announce a significant expansion of its Montauban Project mine building to support the Company's transition into gold and silver production. Originally planned at approximately 2,000 square feet, the building is now being expanded to 4,000 square feet to accommodate enhanced operational needs and support infrastructure. This latest development reflects the Company's continued momentum and preparation for a highly active construction and commissioning season at Montauban. "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 Paul Mastantuono, CEO of ESGold. "This expanded footprint reflects the pace of our momentum and the long-term vision we are committed to delivering at Montauban." Expanded Capacity for Production Readiness The enlarged facility will now include: Dedicated crew accommodations, including change rooms and showers to support on-site personnel Control rooms for monitoring the gravity separation and processing systems A secure lab space for ongoing gold and silver concentrate testing Expanded "Gold Room" storage for secure handling and safekeeping of gold and silver dore bars The Company has also shipped railbed pre-concentrate samples for ongoing 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. What's Ahead for ESGold Preliminary Economic Assessment (PEA) - Imminent release of updated study outlining project economics Ambient Noise Tomography (ANT) Results - Final imaging and 3D model to be released shortly Exploration Strategy - Expansion beyond tailings into district-scale targets Scalable Processing Model - Progress toward validating a repeatable clean redevelopment framework About ESGold Corp. ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D) is a fully permitted, pre-production resource company at the forefront of clean mining and exploration innovation. With proven expertise in Quebec, the Company is advancing its projects toward production and feasibility while delivering long-term value through sustainable resource recovery and exploration. ESGold's flagship Montauban property, located 80 kilometers west of Quebec City, serves as a model for responsible mining practices, combining near-term production with district-scale discovery potential. For more information, please contact ESGold Corp. at +1-888-370-1059 or visit for additional resources, including a French version of this press release, past news releases, a 3D model of the Montauban processing plant, media interviews, and opinion-editorial pieces. Stay connected by following us on X (formerly Twitter), LinkedIn, and joining our Telegram channel. On behalf of the Board of Directors ESGold Corp. "Paul Mastantuono" CEO & Director info@ +1-888-370-1059 Forward-Looking Statements: This news release includes forward-looking statements within the meaning of applicable securities laws. These statements are based on assumptions and expectations that involve a number of known and unknown risks and uncertainties. Actual results could differ materially. Forward-looking information includes statements regarding the expected use of proceeds, the development and construction timelines of the Montauban Project, future production, and anticipated project milestones. Investors are cautioned not to place undue reliance on these forward-looking statements. All forward-looking information contained in this release is qualified by these cautionary statements. Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Yahoo
25-06-2025
- Business
- Yahoo
ESGold Corp. Announces Closing of Over-Subscribed Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 25, 2025) - ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D) ("ESGold" or the "Company") announces that further to its news release dated June 16, 2024, it has closed a non-brokered private placement (the "Offering") of 4,998,865 units (the "Units") at a price of $0.73 per Unit, for aggregate gross proceeds of $3,649,171. "Management would like to thank all who participated in the private placement. This Offering was over-subscribed by more than 11% as a direct result of large investments by existing shareholders and new strategic investors who recognized that ESGold is focused and on track to production in the very near future," explained Paul Mastantuono, CEO and Director of ESGold. Each Unit consisted of one common share in the capital of the Company (the "Shares") and one common share purchase warrant (the "Warrants"). Each Warrant will entitle the holder to acquire one common Share (the "Warrant Shares") at an exercise price of $0.91 per common Share for a period of eighteen (18) months from the closing date. In connection with the Financing, the Company will pay a cash finder's fee of $165,610 and issue 226,863 finder's warrants (the "Finder's Warrants"). The Finder's Warrants will be exercisable into common shares for a period of eighteen (18) months from the closing date at an exercise price of $0.91 per common share. All securities issued in connection with the Offering or subject to a restricted hold period of four months and one day from the date of closing of the Offering under applicable securities legislation. The Company intends to use the proceeds raised from the Offering for mill circuit construction and related assembly, final project mobilization for the Montauban gold-silver project and general working capital requirements. The securities issued pursuant to the Offering have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. About ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D) is a fully permitted, pre-production resource company at the forefront of clean mining and exploration innovation. With proven expertise in Quebec, the Company is advancing its projects toward production and feasibility while delivering long-term value through sustainable resource recovery and exploration. ESGold's flagship Montauban property, located 80 kilometers west of Quebec City, serves as a model for responsible mining practices, combining near-term production with district-scale discovery potential. For more information, please contact ESGold Corp. at +1-888-370-1059 or visit for additional resources, including a French version of this press release, past news releases, a 3D model of the Montauban processing plant, media interviews, and opinion-editorial pieces. Stay connected by following us on X (formerly Twitter), LinkedIn, and joining our Telegram channel. On behalf of the Board of Directors, ESGold Corp. "Paul Mastantuono" CEO & Director info@ +1-888-370-1059 Forward-Looking Statements:This news release includes forward-looking statements within the meaning of applicable securities laws. These statements are based on assumptions and expectations that involve a number of known and unknown risks and uncertainties. Actual results could differ materially. Forward-looking information includes statements regarding the expected use of proceeds, the development and construction timelines of the Montauban Project, future production, and anticipated project milestones. Investors are cautioned not to place undue reliance on these forward-looking statements. All forward-looking information contained in this release is qualified by these cautionary statements. Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit Sign in to access your portfolio
Globe and Mail
11-06-2025
- Business
- Globe and Mail
Exploring Mining Talks to Ceo of Esgold Corp. (ESAU) (ESAUF) About Near-Term Production at Montauban Property
Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - June 11, 2025) - a global investor news source covering mining and metals stocks releases a new episode of the Exploring Mining Podcast. In today's episode, host Cali Van Zant speaks with Paul Mastantuono, CEO & Director of ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF). ES Gold Corp is a fully permitted, pre-production resource company leading innovation in clean mining and sustainable exploration. Listen to the podcast: Watch on YouTube: Cannot view this video? Visit: In this podcast we dive into ESGold's strategic shift toward focusing on high-value, low-cost resources like tailings and surface ore bodies at their flagship Montauban property, located 80 kilometers west of Quebec City. We also explore ESGold's founding in 2010, driven by a vision to fast-track production and deliver shareholder value by moving away from the traditional drilling-heavy model of junior mining. Additionally, we touch on the company's share structure and newest key members to the team. Flagship Montauban Property To view an enhanced version of this graphic, please visit: Key takeaways from interview: Fully Permitted Near Term Production: ESGold Launches Final Concentration Tests Ahead Of First Production at Montauban Management & Board Updates Under 75 Million Shares outstanding to date. Corporate Presentation About ESGold Corp. ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D) is a fully permitted, pre-production resource company at the forefront of clean mining and exploration innovation. With proven expertise in Quebec, the Company is advancing its projects toward production and feasibility while delivering long-term value through sustainable resource recovery and exploration. ESGold's flagship Montauban property, located 80 kilometers west of Quebec City, serves as a model for responsible mining practices, combining near-term production with district-scale discovery potential. For more information, please contact ESGold Corp. at +1-888-370-1059 or visit for additional resources, including a French version of this press release, past news releases, a 3D model of the Montauban processing plant, media interviews, and opinion-editorial pieces. Montauban: X: Listen to Exploring Mining on Spotify Listen to Exploring Mining podcast on iTunes Apple podcasts Hear other episodes of the Exploring Mining Podcast, rated as one of the top 30 mining podcasts to listen to in 2025, The podcasts are also available on Apple Podcasts, Audible, Spotify, Tunein, Stitcher, iHeartRadio, Google Podcasts and most audio platforms available. Visit the Podcast page at Research mining stocks at with our free mining stocks directory at About - Big Investing Ideas Named as one of 100 Best Investment Blogs and Websites in 2025 (8th) is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Paid content is always disclosed. Disclaimer/Disclosure: This podcast and article featuring ESGold Corp. are paid for content at part of a monthly marketing mining stock showcase (payment disclosure). Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
