ESGold Corp. Launches 5,000-Metre Drill Program at Montauban Project to Advance Resource Estimate

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) has commenced its 2026 surface diamond drilling program at the Montauban Project, located approximately 120 kilometres west of Québec City, Québec. The program, which involves approximately 5,000 metres across 29 proposed drill holes, is primarily focused on the historic Montauban mine area. The company aims to validate previously identified mineralization, test continuity between historical drill holes and mineralized panels, and investigate potential extensions into insufficiently tested areas.

According to ESGold, the new drilling, geological, and analytical data will contribute to an evolving three-dimensional geological model. This model will help determine what additional work may be required to support a current mineral resource estimate under National Instrument 43-101 (NI 43-101). The company cautioned that historical estimates referenced in previous technical reports should not be treated as current mineral resources or reserves.

The Montauban Project is ESGold’s flagship gold-silver asset, and the company has described it as fully permitted and fully funded, with production anticipated in 2026. The drilling program is a critical step in advancing the project toward a resource estimate, which is essential for future development and financing decisions.

This initiative underscores ESGold's commitment to sustainable growth and its strategy of "cash flow today and discovery tomorrow." By focusing on the historic mine area, the company is seeking to expand known mineralization and de-risk the project. The results of this program are expected to provide a clearer picture of the resource potential, which could enhance the project's economic viability.

For more information on the full press release, visit https://ibn.fm/rQLw7.

ESGold Corp. is a pre-production mining company advancing a scalable clean mining model across North and South America. The company’s flagship Montauban Gold-Silver Project is under construction with production anticipated in 2026. With a dual-track strategy, ESGold is building a platform for clean, sustainable growth and long-term shareholder value.

For the latest news and updates relating to ESGold, visit the company’s newsroom at https://ibn.fm/ESAUF.