ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF)

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) is building what the mining sector has been waiting for: a scalable, cash-flow-first model that minimizes dilution, delivers industry-leading margins, and creates a platform for discovery. Fully permitted and construction-ready, the company’s Montauban Gold-Silver Project in Quebec is set to enter production in 2026, generating near-term revenue from tailings while advancing district-scale exploration with the cash flow. With a replicable clean mining strategy now expanding into Colombia through a binding MOU, ESGold represents a rare combination of immediate cash flow, low capex, global scalability, and transformational exploration upside.

The company’s dual-track strategy emphasizes:

1. Tailings Reprocessing – fully-permitted, near-term, high-margin gold and silver from legacy tailings.
2. Exploration & Discovery – systematic modern exploration, informed by advanced geophysics and structural modeling, to unlock discovery and long-term shareholder value.

Global Expansion: Colombia MOU

In 2025, ESGold signed a binding memorandum of understanding in Colombia, marking a pivotal step in scaling its clean mining model internationally. Colombia—one of South America’s most prolific gold regions—hosts tens of millions of tonnes of legacy tailings that remain both metal-rich and environmentally hazardous.

Leveraging Montauban as a blueprint, ESGold will start with tailings reprocessing to generate early cash flow, then apply modern geophysics and exploration to unlock broader mineralized systems. The agreement provides access to high-potential sites in Bolívar, creating a pipeline for multi-asset growth.

This expansion diversifies ESGold’s asset base, strengthens its margin profile, and validates the scalability of its model, positioning the company on a path to building a multi-jurisdictional producer.

Montauban Gold-Silver Project: From Tailings to Discovery

Located 80 km west of Quebec City, Montauban combines immediate revenue potential with transformational exploration upside. ESGold has already invested over C$15 million in infrastructure, including a 20,000 sq. ft. processing facility, power access, and roads. With full permits in place, the project is under construction and progressing toward production in 2026, starting with tailings reprocessing before expanding to near-surface hardrock.

An updated PEA is underway to capture current gold prices and reflect the strong economics of ESGold’s staged approach. Importantly, the model emphasizes less dilution, relying on project cash flow to drive growth and exploration.

Exploration Upside: ANT & Broken Hill Parallel

For the first time in Montauban’s 110-year history, a systematic exploration campaign is underway. ESGold’s Ambient Noise Tomography (ANT) survey has already imaged beyond 1,200 m, producing unprecedented 3D models of subsurface structures. These results suggest continuity and depth consistent with large-scale mineralized systems.

Academic studies support geological parallels to Australia’s Broken Hill, the world’s largest historic silver-lead-zinc deposit, which generated over US$100 billion in value. Like Broken Hill, Montauban hosts complex rock formations and mineral assemblages indicative of deeper, high-grade zones yet to be defined.

Market Opportunity

ESGold is not just building a mine, it is creating a platform for scalable, clean, cash-flow-positive mining that can be replicated across the Americas. By starting with tailings to reduce risk, generate early returns, and minimize dilution, the company is positioned to deliver both near-term shareholder value and long-term discovery potential.

With production targeted for 2026, district-scale exploration advancing, and international expansion already underway, ESGold is on track to become one of Canada’s next premier gold and silver producers, a company built on cash flow, scalability, and clean growth.

Leadership Team

Gordon Robb, Chief Executive Officer, brings over a decade of global capital markets and resource finance experience to ESGold Corp. His career includes senior roles in Hong Kong, London, New York, and Dubai, along with leadership in capital raising and shareholder growth for resource companies. With a background in investment banking, trading, and mining finance, Gordon is focused on guiding ESGold’s transition into production and building a scalable clean mining company.

Paul Mastantuono, Chairman and Director, graduated with distinction from the University of Ottawa with a bachelor’s degree in social science, concentrating in criminology. He has extensive experience in the construction and transportation industries and has worked as an independent business consultant for various companies, including DNA Precious Metals Inc.

Peter Espig, Director, brings more than two decades of experience in global capital markets and operational mining leadership to ESGold’s Board of Directors. A former Vice President at Goldman Sachs Japan and Olympus Capital, he has participated in over US$10 billion in structured deals, financings, and cross-border transactions. Since 2013, Peter has served as President and CEO of Nicola Mining Inc., where he successfully led the company out of creditor protection and transformed it into a cash-flowing mining enterprise with a ten-fold increase in market capitalization. Holding an MBA from Columbia Business School and a BA from the University of British Columbia, Peter combines disciplined capital deployment with proven execution in mining operations, adding depth and strategic insight to ESGold as it advances toward production and scalable growth.

Andre Gauthier, Senior Geologist and Director, brings over 47 years of experience in the mining exploration field and has worked in over 35 countries. His work experience includes entities such as: SOQUEM, Falconbridge Ltd., Noramco and Cambior Inc. Mr. Gauthier was president of MaxyGold Corp. (China), INCA Pacific Resources Inc., Lara Exploration Ltd., and Gold Holding Ltd. Mr. Gauthier also served as a Director of Vena Resources Inc., MaxyGold Corp., Lara Exploration Ltd., Western Union Peru, and Gold Holding Ltd., and from March 2015 until 2018, he served as interim Managing Director and CEO of Gold Holding Ltd., headquartered in Dubai (UAE). He has a BSC in Geology Eng. and MSC from UQAC (Chicoutimi, Quebec) and is an active member and leader of many mining and professional organizations (Canada, Peru, UAE, and China).