ESGold Corp. Strengthens Position in Québec’s Montauban Region with Acquisition of 44 Additional Mineral Claims

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) has announced a significant expansion of its land holdings in Québec’s Montauban region, entering into binding agreements to acquire 44 mineral claims totaling approximately 2,448 hectares. The acquisition, valued at $70,000 in cash and 600,000 shares of ESGold common stock (valued at $300,000), is subject to customary closing conditions and will expand the company’s contiguous position around its flagship Montauban Gold-Silver Project.

This strategic move underscores ESGold’s commitment to consolidating its footprint in the region, which is known for its gold and silver potential. The Montauban Project is already fully permitted and under construction, with production anticipated in 2026. By adding these claims, ESGold aims to enhance its resource base and leverage its scalable clean mining model across North and South America.

The transaction highlights the company’s dual-track strategy of generating cash flow from near-term production while pursuing exploration upside. According to the company, the newly acquired claims are adjacent to existing holdings, providing operational synergies and potential for resource expansion. The acquisition is financed through a combination of cash and equity, reflecting the company’s commitment to maintaining a strong balance sheet.

ESGold Corp. is a fully permitted, fully funded, pre-production mining company that is advancing a scalable clean mining model. The company’s focus on environmentally responsible extraction aligns with growing demand for sustainable mining practices. The Montauban Gold-Silver Project, located in Quebec, is a key asset that is expected to contribute to the company’s revenue stream once production begins.

For more details on the announcement, the full press release can be accessed at https://ibn.fm/TGZfN. Investors seeking the latest updates on ESGold Corp. can visit the company’s newsroom at https://ibn.fm/ESAUF.