ESGold Corp. Secures C$9 Million Partnership to Advance Montauban Gold-Silver Project

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D) has executed a C$9 million binding term sheet with Ocean Partners UK Ltd., significantly enhancing the company's financial stability while providing operational flexibility for its Montauban Gold-Silver Project in Quebec. This strategic partnership establishes a long-term sales channel for all gold and silver doré production from the project, creating revenue certainty and reinforcing the economic foundation of the development. The agreement represents a crucial milestone that positions ESGold as a fully funded company with the financial strength and strategic partnerships necessary to meet its 2026 production deadline.

The Montauban project, located just 80 kilometers west of Quebec City, features a rich mining history dating back to the early 1900s and combines immediate revenue potential with significant exploration upside. ESGold has already invested over C$15 million in infrastructure development, including power access, roads, and a 20,000 square foot processing facility, demonstrating substantial commitment to the project's economic potential. This substantial investment in infrastructure, detailed in the company's announcements available at https://nnw.fm/UCKaD, underscores the company's confidence in the facility's viability and long-term profitability.

With this new partnership, ESGold achieves a competitive advantage in the mining sector while validating its strategic approach of advancing permitted, low-capital expenditure projects designed to generate high-margin returns while minimizing shareholder dilution. The company's comprehensive corporate communications and investor updates can be accessed through its official newsroom at https://nnw.fm/ESAUF, providing stakeholders with current information about project developments and corporate milestones. This financial arrangement not only secures the project's funding requirements but also positions ESGold ahead of competitors in the race to bring new mining operations to production.

The Montauban property serves as a model for responsible mining practices, combining near-term production capabilities with district-scale discovery potential. ESGold's commitment to clean mining and exploration innovation aligns with modern environmental standards while maintaining focus on sustainable resource recovery and long-term value creation. The company's proven expertise in Quebec's mining jurisdiction, combined with this new financial partnership, creates a solid foundation for successful project execution and future growth opportunities in the region's mineral sector.