Esgold looks to Bolivar region in Colombia

Mr. Gordon Robb reports ESGOLD HIGHLIGHTS UNTAPPED EXPLORATION POTENTIAL IN COLOMBIA'S BOLIVAR REGION WITH DISTRICT-SCALE OPPORTUNITY Esgold Corp. has outlined the prospective potential of a concession in Colombia's Bolivar region, informed by historical National Instrument 43-101 data and prior operator disclosures. The Bolivar 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, Bolivar -- National Instrument 43-101, July 25, 2018*): Large mineralized footprint: Zone No. 6, the most important structural corridor identified, measures approximately 3.4 kilometres in strike length and 400 to 800 metres 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 approximately 170 grams per tonne gold, while saprolite head grades averaged approximately one g/t gold in places. Historical drilling: Nineteen holes (approximately 4,180 m) at Los Matos reported broad, lower-grade intercepts (0.4 to 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 approximately 200 m, leaving deeper intrusive-related mineralization untested. Regional and historical context The Bolivar region, specifically the Serrania 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: Validation first -- confirmatory sampling, quality assurance/quality control and structural mapping to verify historical results and assess the scale of Zone No. 6 and surrounding targets; Cash flow pathways -- evaluate tailings and near-surface material for clean reprocessing potential, creating early-stage cash flow to finance systematic exploration; Systematic exploration -- apply modern geophysics (including ambient noise tomography imaging), trenching and drilling to target both shallow and deeper mineralized zones across multiple corridors. Chief executive officer commentary Gordon Robb, CEO of Esgold, stated: "What excites us about Bolivar is the combination of scale, grade and underexploration. Historical work shows high-grade channel samples in active workings, broad mineralized intercepts from earlier drilling and a structural corridor more than three kilometres 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 Bolivar 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 to 800 m; High-grade potential with channel samples up to approximately 170 grams per tonne gold, 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-capital-expenditure cash-flow-first development financing systematic exploration, with reduced dilution. Qualified person statement The technical content of this news release has been reviewed and approved by Andre Gauthier, PGeo, a director of Esgold, a qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects). Sampling described herein was conducted for due diligence screening, and 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 25, 2018, National Instrument 43-101 technical report on the Pantera gold property by Pierre O'Dowd, pro. geologist and qualified 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 is a fully permitted, preproduction 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 production 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. We seek Safe Harbor.