ESGold Highlights Untapped Exploration Potential In Colombia’s Bolivar Region With District-Scale Opportunity Historical report outlines a 3.4 km by 400– 800 m corridor, high-grade channel samples up
ESGold Highlights Untapped Exploration Potential In Colombia’s Bolivar Region With
District-Scale Opportunity
Historical report outlines a 3.4 km by 400– 800 m corridor, high-grade channel samples up
to ~170 g/t Au, and broad drill intercepts that remain untested by modern exploration
technologies.
Vancouver, BC – September 30, 2025 – ESGold Corp. (“ESGold” or the “Company”) (CSE:
ESAU | OTCQB: ESAUF | FSE: Z7D) is pleased to outline the prospective potential of a
concession in Colombia’s Bolívar region, informed by historical NI 43-101 data and prior operator
disclosures. The Bolívar district represents one of South America’s most prolific artisanal gold-
producing regions, with historical work pointing to the scale, grade, and structural complexity
consistent with a major mineralized system.
Historical Highlights (La Pantera, Bolívar – NI 43-101, July 25, 2018*)
• Large mineralized footprint: Zone No. 6, the most important structural corridor identified,
measures approximately 3.4 km in strike length and 400– 800 m in width. Multiple
additional zones of mineralization occur across the 1,734-hectare concession.
• Widespread artisanal production: Hundreds of small-scale workings exploit saprolite and
hard rock, with historical recoveries limited by rudimentary gravity methods — tailings still
carry recoverable gold.
• High-grade samples: Underground channel sampling at Mina Bulla returned assays up to
~170 g/t Au, while saprolite “head” grades averaged ~1 g/t Au in places.
• Historical drilling: 19 holes (~4,180 m) at Los Matos reported broad, lower -grade
intercepts (0.4–0.6 g/t Au over tens of metres), suggesting vein clusters and stockwork -
style mineralization at depth.
• Untested depth potential: No systematic geophysics or modern drilling has tested below
~200 m, leaving deeper intrusive-related mineralization untested.
Regional and Historical Context
The Bolívar region, specifically the Serranía de San Lucas belt, has long been recognized for its
gold endowment. Prior operator Origin Gold outlined in 2018 that the concession contained multiple
mineralized zones, highlighting Zone No. 6 as the priority target. Despite pervasive artisanal mining
and encouraging high- grade samples, the property remained underexplored, with no systematic
geophysics, trenching, or follow-up drilling to test the system’s scale.
ESGold’s Strategy: Validate, Cash Flow, Discover
ESGold intends to approach Colombia the same way it has built Montauban in Quebec:
1. Validation First – Confirmatory sampling, QA/QC, and structural mapping to verify
historical results and assess the scale of Zone No. 6 and surrounding targets.
2. Cash Flow Pathways – Evaluate tailings and near-surface material for clean reprocessing
potential, creating early-stage cash flow to fund systematic exploration.
3. Systematic Exploration – Apply modern geophysics (including ANT imaging), trenching,
and drilling to target both shallow and deeper mineralized zones across multiple corridors.
CEO Commentary
Gordon Robb, CEO of ESGold, stated:
“What excites us about Bolívar is the combination of scale, grade, and under exploration. Historical
work shows high- grade channel samples in active workings, broad mineralized intercepts from
earlier drilling, and a structural corridor more than three kilometers long that has never been tested
with modern exploration tools. Add to that the extensive artisanal mining, which demonstrates the
persistence of gold across the district, and it’s clear this is a system with exceptional potential. Our
team is eager to validate the data and, if confirmed, advance a disciplined program that leverages
our cash-flow-first model while unlocking what could be a district-scale gold discovery.”
Why This Matters to Investors
The Bolívar concession highlights ESGold’s ability to scale its dual-track model beyond Quebec:
• Large-scale footprint with multiple mineralized zones, including Zone No. 6, measuring
3.4 km by 400–800 m.
• High-grade potential with channel samples up to ~170 g/t Au, complemented by broad
drill intercepts at lower grades.
• Extensive artisanal mining provides real -world validation of the system’s gold
endowment.
• Replication of Montauban model : low -capex, cash flow –first development funding
systematic exploration, with reduced dilution.
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 her ein was conducted for due -
diligence screening; independent verification, QA/QC, and systematic work remain outstanding. No
mineral resources or reserves are declared.
Disclaimer
*The technical information presented herein is historical in nature, derived from reports prepared
for previous operators, – specifically the July 25th, 2018, NI43-101 Technical Report on the Pantera
Gold Property by Pierre O’Dowd Pro. Geologist and Qualif ied Person – and should not be relied
upon as current. ESGold has not completed the work necessary to independently verify these
results, and a Qualified Person for ESGold has not done sufficient work to classify any historical
estimate as current mineral resources or reserves. ESGold is not treating the historical information
as current, and no mineral resources or reserves have been defined on the property at this time.
Any future exploration, validation, or development work will be required to confirm the accuracy of
the historical data before it can be considered reliable or used to support economic analysis.
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 producti on 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 exploration, potential
mineralization, production, cash flow, and growth strategy. 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. Technical information relating to the
Bolívar concession is historical in nature and has not been independently verified by ESGold. The
Company has not completed the work necessary to treat any historical estimate as current and is
not treating it as such. Readers are cautioned not to place undue reliance on such information.
ESGold disclaims any obligation to update or revise 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