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ESAU.CN ·

ESGold Appoints Pierre-Marc Gagnon, P.Eng., as Operations Director at Montauban Project Appointment strengthens ESGold’s Québec-based operations team as the Company advances construction and operational readiness at Montauban

Corporate Updates

ESGold Appoints Pierre-Marc Gagnon, P.Eng., as Operations

Director at Montauban Project

Appointment strengthens ESGold’s Québec-based operations team as the

Company advances construction and operational readiness at Montauban

Vancouver, British Columbia, June 17, 2026 — ESGold Corp. (CSE: ESAU | OTCQB: ESAUF

| FSE: Z7D) (“ESGold” or the “ Company”) is pleased to announce the appointment of Pierre -

Marc Gagnon, P.Eng., as Operations Director for the Company’s Montauban Gold-Silver Project

in Québec (“Montauban Project”).

Mr. Gagnon brings a diverse combination of operational and technical experience spanning pit

and underground mining, exploration, drilling, and project development. His background includes

hands-on involvement in underground mine development at Dhilmar's Éléonore operation, where

he gained direct exposure to the realities of production environments and developed a

comprehensive understanding of the mining cycle, including drilling and blasting, ground support

systems, ventilation requirements, and material handling activities.

In addition, Mr. Gagnon has held progressively responsible technical and operational roles with

organizations including Technologies & Services Oxx Inc ., Agnico Eagle Mines Limited, FTE

Drilling, Newmont Corporation and G.E.T.T. Gold Inc ., where he gained experience in drilling

coordination, surveying, ventilation, technical consulting services, and drill & blast activities. This

diverse background has strengthened his ability to manage multidisciplinary teams, coordinate

field operations, and support the successful execution of mining projects.

At G.E.T.T. Gold, Mr. Gagnon contributed to the research & development and implementation of

innovative mining technologies aimed at improving extraction efficiency and reducing dilution

through more selective mining practices.

Mr. Gagnon’s blend of field experience, technical expertise, and project coordination enhances

ESGold's operational capabilities as the Company progresses the Montauban Project toward

construction and future production.

Strengthening Montauban Execution Team

In his role with ESGold, Mr. Gagnon will support site execution, operational readiness, contractor

coordination, technical planning, and the continued advancement of the Montauban Project as

the Company moves toward operations.

The appointment reflects ESGold’s continued focus on building a practical and technically capable

operations team in Québec. As construction and site preparation activities continue, the Company

remains focused on execution, coordination, and disciplined advancement of the infrastructure

required to support the next stage of the Montauban Project.

CEO Commentary

“Pierre-Marc brings practical Québec -based operating experience at an important stage for

ESGold,” said Gordon Robb, Chief Executive Officer of ESGold Corp. “His recent hands -on

experience at Éléonore, combined with his background in drilling, field coordi nation, technical

planning, and mine operations, strengthens our execution team as we continue advancing

Montauban.”

“Our focus remains on building the team and systems required to move Montauban forward

properly. Pierre-Marc adds real field experience and technical discipline to our operations group,

and we are pleased to welcome him to ESGold.”

RSU Grant

The Company also announces that it has granted 25,000 restricted share units (“RSUs”) to Pierre-

Marc Gagnon pursuant to the Company’s omnibus equity incentive plan (“Plan”). This grant is in

addition to 125,000 RSUs previously granted to Mr. Gagnon in May 2026, bringing the total

number of RSUs granted to Mr. Gagnon to 150,000. The RSUs vest immediately and may be

converted into the same number of common shares, settled in cash equal to the fair market value

of the common shares on the settlement date, or a combination thereof and pursuant to the terms

of the Plan, and as determined by the Board of Directors of the Company. This RSUs are subject

to approval by the Canadian Securities Exchange.

Montauban Project Update

ESGold continues to advance construction and operational readiness activities at its fully

permitted Montauban Gold- Silver Project in Québec. The Company’s current work program

includes continued site preparation, coordination of contractors and technical teams, installation

and integration of key processing components, and preparation of supporting operational

systems.

The Company also continues to advance its broader Montauban exploration model, including

ongoing integration of geological, geophysical, and historical datasets to support future

exploration targeting across the district.

About ESGold Corp.

ESGold Corp. (CSE: ESAU | OTCQB: ESAUF | FSE: Z7D) is a fully permitted, fully funded, pre-

production mining company advancing a scalable clean mining model across North and South

America. The Company’s flagship Montauban Gold-Silver Project in Quebec is under construction

with production anticipated in 2026. With a dual -track strategy of cash flow today and discovery

tomorrow, ESGold is building a platform for clean, sustainable growth and long-term shareholder

value.

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 please contact [email protected] or 604 -885-1348, or to connect directly,

please reach out to Gordon Robb, CEO of ESGold Corp. at [email protected] or 250-217-

2321.

On behalf of the Board of Directors

Gordon Robb

Chief Executive Officer & Director

[email protected]

+1-888-370-1059

Forward Looking Statements

This news release contains “forward- looking information” within the meaning of applicable

Canadian securities laws, including statements regarding metallurgical recoveries, project

economics, construction timelines, and exploration potential. Forward -looking information is

based on reasonable assumptions believed to be current but involves known and unknown risks

and uncertainties that may cause actual results to differ materially. Historical data referenced

herein is not current, has not been independently verified by ESGold, and should not be relied

upon for investment decisions. ESGold disclaims any obligation to update or revise forward -

looking information except as required by law.

These forward- looking statements reflect the Company's current views with respect to future

events and are necessarily based upon a number of assumptions that, while considered

reasonable by the Company, are inherently subject to significant operational, business, economic

and regulatory uncertainties and contingencies. These assumptions include, among other things:

construction of the Montauban facilities, timing and completion of the same (if any) and proposed

commencement of operations of the Company ; conditions in general economic and financial

markets; accuracy of assay results; geological interpretations from drilling results, timing and

amount of capital expenditures; performance of available laboratory and other related services;

future operating costs; the historical basis for current estimates of potential quantities and grades

of target zones; the availability of skilled labour and no labour related disruptions at any of the

Company's operations; no unplanned delays or interruptions in scheduled activities; all necessary

permits, licenses and regulatory approvals for operations are received in a timely manner; the

ability to secure and maintain title and ownership to properties and the surface rights necessary

for operations; and the Company's abil ity to comply with environmental, health and safety laws.

The foregoing list of assumptions is not exhaustive.

The Company cautions the reader that forward- looking statements involve known and unknown

risks, uncertainties and other factors that may cause actual results and developments to differ

materially from those expressed or implied by such forward-looking statements contained in this

news release and the Company has made assumptions and estimates based on or related to

many of these factors. Such factors include, without limitation: the timing and content of work

programs; results of operations and exploration activities and development of mineral properties;

the interpretation and uncertainties of drilling results and other geological data; receipt,

maintenance and security of permits and mineral property titles; environmental and other

regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds;

failure to delineate potential quantities and grades of the target zones based on historical data;

general market and industry conditions; and those factors identified under the caption "Risks

Factors" in the Company's continuous disclosure documents filed on SEDAR+ at

www.sedarplus.com.

Forward-looking statements are based on the expectations and opinions of the Company's

management on the date the statements are made. The assumptions used in the preparation of

such statements, although considered reasonable at the time of preparation, may prove to be

imprecise and, as such, readers are cautioned not to place undue reliance on these forward-

looking statements, which speak only as of the date the statements were m ade. The Company

undertakes no obligation to update or revise any forward-looking statements included in this news

release if these beliefs, estimates and opinions or other circumstances should change, except as

otherwise required by applicable law.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accept

responsibility for the adequacy or accuracy of this release.