ESGold Corp. Drills 2,030 Metres at Montauban, Confirming Geological Continuity

The 2026 diamond drilling program at ESGold Corp.'s Montauban Project in Québec has reached approximately 2,030 metres across 19 holes, the company reported. This progress represents about 40% of the planned 5,000-metre program. The drilling has consistently encountered alteration, quartz-carbonate veining, and locally sulphide-bearing intervals within the geological environment associated with the historic Montauban mineralized system. Sulphides observed include pyrite, pyrrhotite, and galena, indicating the presence of a mineralized system. Approximately 400 core samples have been submitted to SGS Laboratories in Val-d'Or for analysis, with assay results pending. Notably, nine drill holes have intersected historic underground workings or voids, providing valuable geological control for comparing modern drilling with the former mine geometry. This comparison is critical for understanding the continuity of mineralization and for guiding future exploration. The drilling remains underway as ESGold tests potential continuation of the Montauban system outside and below the historic mine workings. For investors, this news matters because it demonstrates tangible progress in a fully permitted, fully funded pre-production mining company. The presence of sulphides and the intersection of historic workings suggest that the Montauban system may be more extensive than previously known, potentially leading to a significant resource expansion. Positive assay results could pave the way for a maiden resource estimate and eventual production, enhancing the company's cash flow potential. ESGold Corp. is advancing a scalable clean mining model across North America, with its flagship Montauban Gold-Silver Project under construction. The company's dual-track strategy of cash flow today and discovery tomorrow positions it for sustainable growth and long-term shareholder value. The latest news and updates relating to ESAUF are available in the company's newsroom at https://ibn.fm/ESAUF. For more details on the drilling program, see the full press release at https://ibn.fm/RYiLu. The announcement was disseminated by MiningNewsWire, a specialized communications platform focused on the global mining and resources sectors. MiningNewsWire is part of the Dynamic Brand Portfolio at IBN, which provides access to wire solutions via InvestorWire, article and editorial syndication to 5,000+ outlets, enhanced press release enhancement, social media distribution, and tailored corporate communications solutions. As drilling continues, the market will look for assay results to confirm the economic potential of the Montauban system. With a strong cash position and a clear strategy, ESGold is well-positioned to capitalize on any positive outcomes.