ESGold Expands Montauban Land Position with 44 New Claims

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) has taken a significant step in consolidating the Montauban mineralized corridor by entering into two definitive agreements to acquire 44 mineral claims covering approximately 2,448 hectares in Québec’s Montauban region. The acquisitions, which were previously outlined in a memorandum of understanding, add prospective ground with historical gold, silver, copper, and zinc mineralization. This expansion supports ESGold's strategy of consolidating the broader Montauban region around its flagship Montauban Gold-Silver Project.

Under the terms of the agreements, ESGold will acquire a 100% interest in the claims for total consideration of $70,000 in cash and 600,000 common shares, with no retained royalty. The company plans to incorporate the new claims into its district-scale exploration strategy, combining historical exploration data with geological, geochemical, geophysical, and Ambient Noise Tomography datasets. This approach aims to evaluate potential extensions of known mineralized trends and identify additional exploration targets. ESGold is a fully permitted, fully funded, pre-production mining company advancing a scalable clean mining model across North and South America. Its flagship Montauban project is under construction with production anticipated in 2026, following a dual-track strategy of cash flow today and discovery tomorrow.

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