ESGold Corp. Advances Montauban Project with Strategic Board Appointment and Construction Milestones

ESGold Corp., a pre-production gold and silver company, has strengthened its leadership team with the appointment of Peter Espig to its board of directors, bringing extensive experience in project finance and transitioning junior mining companies to producers. The company issued 500,000 restricted share units to Espig as part of this strategic move, which aims to enhance the company's operational and financial expertise during this critical development phase. This appointment comes as construction at the Montauban processing site in Quebec continues to advance according to schedule, with the company maintaining its commitment to achieving production by the end of 2025.

The Montauban property, located 80 kilometers west of Quebec City, represents ESGold's flagship project and is central to the company's strategy of combining near-term production capabilities with district-scale discovery potential. A significant upcoming milestone involves the delivery of Humphrey Spirals, which will form a critical component of the project's gravity recovery circuit. These specialized separation devices are essential for the efficient recovery of gold and other heavy minerals through gravity concentration methods, representing a key technological advancement in the processing workflow.

ESGold is positioning itself as a leader in clean mining and exploration innovation, with a strong focus on sustainable resource recovery and environmentally responsible practices. The company's approach emphasizes minimizing environmental impact while maximizing resource efficiency throughout the mining lifecycle. This commitment to responsible mining practices aligns with growing industry and regulatory expectations for sustainable development in the mining sector, particularly in jurisdictions like Quebec known for stringent environmental standards.

The strategic development of the Montauban Project underscores ESGold's potential to deliver long-term value to stakeholders while contributing to the regional economy in Quebec. By progressing construction according to schedule and strengthening its leadership team with specialized expertise, the company demonstrates its capability to execute on its development timeline. The combination of near-term production targets with exploration potential across the district-scale property provides multiple avenues for value creation, positioning ESGold as an emerging player in the Canadian mining landscape with a focus on both operational excellence and environmental stewardship.