Announcing Construction Update September 25, 2025
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ESGold Fully Funded as Montauban Construction Powers Ahead
Fully funded to complete construction in Quebec and advance Colombia
validation as production and exploration plans at Montauban accelerate
Vancouver, BC – September 25, 2025 – ESGold Corp. (“ESGold” or the “Company”)
(CSE: ESAU | OTCQB: ESAUF | FSE: Z7D) is pleased to provide a construction update on its
Montauban Gold-Silver Project in Quebec, where development is progressing. The Company
reports that building construction remains on track, with completion anticipated by mid–Q4
2025. ESGold is fully funded to complete Montauban and is positioned to move forward
aggressively, while continuing preparatory work on its prospective initiative in Colombia.
See construction progress photos here
Recent Highlights
• Construction Advancing: Development work at Montauban continues to progress on
schedule with building completion anticipated in Q4-2025
• Fully Funded: Recent financing provides all necessary capital to complete Montauban
and validate the Company’s Colombia joint venture.
• Upcoming Catalysts: Concentrate test results from both Montauban and Colombia
expected in the near-term.
• Exploration Upside: Systematic exploration planning underway at Montauban,
technical work has identified large, continuous geological structures extending to 1,200
meters, underscoring the district-scale potential of the property.
• Colombia Momentum: Ongoing review of the Bolívar area reinforces confidence in
validating, closing, and executing the Company’s expansion strategy.
Gordon Robb, CEO of ESGold, commented:
“We are extremely pleased with the steady progress at Montauban, where building construction
is advancing on schedule and moving toward completion, anticipated by mid-Q4 2025. Thanks
to recent funding, we are now in the position of being fully financed to complete Montauban and
to advance preparatory work on our prospective initiative in Colombia. With concentrate test
results pending and exploration planning underway, the months ahead will be transformative as
we build cash flow at Montauban while unlocking long-term discovery potential across our
portfolio. ESGold is building the foundation for scalable growth, and we are very excited about
what lies ahead”
Building Momentum at Montauban
Construction at the fully permitted Montauban project continues on track, with infrastructure
development and building completion anticipated mid–Q4 2025. The facility is advancing toward
readiness for equipment delivery and commissioning, aligning with the Company’s strategy to
begin production in 2026.
Thanks to recent funding, ESGold is in a strong financial position to complete Montauban and
advance its Colombia joint venture without the necessity of returning to the market for capital.
Once the team arrives in Colombia for on-the-ground validation, ESGold will be fully equipped to
close and execute.
In parallel with construction, ESGold is advancing exploration at Montauban. Despite over a
century of historic mining, the deposit has never been systematically explored. Recent technical
work has identified large, continuous geological structures extending to 1,200 meters,
underscoring the district-scale potential of the property.
Why This Matters to Investors
This update reinforces ESGold’s unique position as a fully funded, fully permitted, near-term
producer with significant exploration upside. Unlike most juniors that rely on continuous dilution,
ESGold is advancing toward cash flow in 2026 while systematically unlocking discovery
potential. The dual track model of cash flow today and discovery tomorrow positions the
Company to deliver sustainable shareholder value through both near term production and long-
term growth.
What’s Next
• Concentrate test results for both Montauban and Colombia.
• Colombia validation by ESGold’s technical team, followed by deal closure and execution.
• Comprehensive 3D geological model of Montauban currently in progress, designed to
integrate ANT survey results and guide systematic exploration.
• Exploration at Montauban will progress to include systematic drilling to highlight the
district-scale significance of the deposit.
ESGold is now fully funded and remains focused on advancing Montauban into production, with
cash flow targeted for 2026. The Company’s strategy centers on completing construction at its
fully permitted Quebec project, generating high-margin revenue from tailings reprocessing, and
using that cash flow to fund systematic exploration across the land package. This disciplined
approach minimizes dilution and compounds shareholder value over time. With Montauban as
the blueprint, ESGold is building a scalable platform designed to deliver sustainable, long-term
value for its shareholders.
Qualified Person Statement
The technical content of this news release has been reviewed and approved by André Gauthier,
P.Geo., a Director of ESGold and a Qualified Person as defined by National Instrument 43-101
– Standards of Disclosure for Mineral Projects. Sampling described herein was conducted for
due-diligence screening; independent verification, QA/QC, and systematic work remain
outstanding. No mineral resources or reserves are declared.
About ESGold Corp.
ESGold Corp. (CSE: ESAU | OTCQB: ESAUF | FSE: Z7D) is a fully permitted, pre-production
gold and silver mining company at the forefront of scalable clean mining and exploration
innovation. With proven expertise in Quebec, the Company is advancing its Montauban Gold-
Silver Project toward near-term production while unlocking long-term value through strategic
redevelopment, modern discovery tools, and sustainable resource recovery. Montauban,
located 80 km west of Quebec City, represents a blueprint for cash-flow-generating legacy site
redevelopment across North America.
For more information, please contact ESGold Corp. at +1-888-370-1059 or visit esgold.com for
additional resources, including a French version of this press release, past news releases, a 3D
model of the Montauban processing plant, media interviews, and opinion-editorial pieces.
Stay connected by following us on X (formerly Twitter), LinkedIn, and joining our Telegram
channel.
For further information or to connect directly, please reach out to Gordon Robb, CEO of ESGold
Corp. at [email protected] or call 250-217-2321.
On behalf of the Board of Directors
ESGold Corp.
Paul Mastantuono
Chairman & COO
+1-888-370-1059
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" within the meaning of applicable
Canadian securities laws, including statements regarding future production, cash flow,
exploration results, project economics, and permitting. Forward-looking information is based on
reasonable assumptions that management believes are current but involve known and unknown
risks and uncertainties that may cause actual results to differ materially. These risks are detailed
in the Company’s public filings on SEDAR+. Readers are cautioned not to place undue reliance
on such statements. ESGold disclaims any obligation to update or revise any forward-looking
information, except as required by law.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts
responsibility for the adequacy or accuracy of this release