NetworkNewsWire Editorial Coverage For years, the mining industry has revolved around high-risk, capital-intensive exploration, where the odds of success are slim-often it's a one-in-a-thousand discovery that leads to a viable operation, with the majority of junior miners never making it to production. In addition, investors are frequently diluted, and project timelines can extend over decades. At scale, most mining ventures are unattractive to investors due to their cyclical nature, massive capital requirements, and significant permitting and execution challenges.
ESGold Corp. is taking a different approach. Rather than pursuing speculative exploration, ESGold focuses on reviving past-producing or legacy-mining sites - locations with established resource volumes, historical ...