From Tailings to Bars: ES Gold’s Near-Term Revenue

19/10/2025 21 min

                    From Tailings to Bars: ES Gold’s Near-Term Revenue

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Episode Synopsis


Today Andy Millette sits down with Gordon (CEO, ES Gold) to unpack a simple, de-risked plan: start cash flow fast by reprocessing legacy tailings at Montebello, Québec, then use that revenue to self-fund drilling on a past-producing VMS system. ES Gold says it is fully funded for Phase 1 (500 tpd) via recent equity plus a $9M offtake facility from Ocean Partners, with permits in hand to reprocess specific tailings and a path to amend for hard-rock as they advance. The target is to scale toward 1,000 tpd over ~2 years. Company snapshot Project: Montebello, Québec; town-proximate infrastructure, grid power,…