ESGold Corp Advances Montauban Project with Strategic Board Appointment and Construction Milestones

ESGold Corp., a pre-production gold and silver company, has made significant strides in its project development by appointing a new board member and continuing construction at its Montauban processing site in Quebec. The company recently issued 500,000 restricted share units to Peter Espig, a new board member with extensive experience in project finance and transitioning junior mining companies to producers. This strategic appointment aims to strengthen the company's operational and financial expertise as it moves toward production.

Construction at the Montauban processing site is progressing according to schedule, with a key milestone being the upcoming delivery of Humphrey Spirals that will be critical to the project's gravity recovery circuit. ESGold remains committed to its target of achieving production by the end of 2025, positioning the company to become an operational mining entity within the next two years. The Montauban property, located 80 kilometers west of Quebec City, represents ESGold's flagship project and serves as the cornerstone of the company's growth strategy.

The company is positioning itself as a leader in clean mining and exploration innovation, with a focus on sustainable resource recovery and exploration practices. By combining near-term production capabilities with district-scale discovery potential, ESGold is demonstrating its commitment to responsible mining practices that balance economic development with environmental stewardship. The strategic development of the Montauban Project underscores the company's potential to deliver long-term value in the mining sector while adhering to modern environmental standards.

This progress comes at a time when the mining industry faces increasing pressure to adopt sustainable practices while maintaining production efficiency. ESGold's approach to combining traditional mining expertise with modern environmental considerations reflects a broader industry trend toward responsible resource development. The company's focus on gravity recovery circuits and clean mining technologies represents an important evolution in how junior mining companies approach project development and operational planning.

The appointment of Espig brings valuable experience in project finance and corporate development, which will be crucial as ESGold navigates the final stages of development before production. His background in transitioning junior mining companies to producers provides the company with strategic guidance during this critical phase. The restricted share units issued to Espig align his interests with long-term shareholder value, creating incentives for successful project execution and corporate growth.