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NetworkNewsWire Editorial Coverage
NEW YORK, July 15, 2025 /CNW/ -- For decades, mining has been defined by high-risk, high-capex exploration, where success hinges on one-in-a-thousand discoveries. Most juniors never reach production. Investors face dilution. Timelines stretch into decades. Most mining companies are uninvestable at scale because they are capital destroyers, cyclical and heavy capex, with high permitting and execution risk. ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (Profile) is challenging that model. Instead of chasing theory, ESGold is redeveloping past-producing or legacy mine sites — sites with known volumes, historical grades and existing infrastructure. These are assets left behind not because they were depleted or economically unviable but because previous owners and operators lacked the resources and technology to develop them. With gold at an all-time high and demand for all types of minerals booming, now is the time for companies with the experience, insight and capital to position themselves in a market where potential has never been more promising and Wall Street has never been more interested. ESGold joins an elite group of mineral miners, including BHP Group Ltd. (NYSE: BHP), Barrick Mining Corporation (NYSE: GOLD), Franco-Nevada Corp. (NYSE: FNV) and Kinross Gold Corp. (NYSE: KGC) that are leveraging their expertise to make the most of this golden opportunity.