Esgold to finish Montauban building construction in Q4

Mr. Gordon Robb reports ESGOLD FULLY FUNDED AS MONTAUBAN CONSTRUCTION POWERS AHEAD Esgold Corp. has provided a construction update on its Montauban gold-silver project in Quebec, where development is progressing. The company reports that building construction remains on track, with completion anticipated by mid-fourth quarter 2025. Esgold is fully financed to complete Montauban and is positioned to move forward aggressively, while continuing preparatory work on its prospective initiative in Colombia. Recent highlights: Construction advancing: Development work at Montauban continues to progress on schedule with building completion anticipated in Q4 2025. Fully financed: Recent financing provides all necessary capital to complete Montauban and validate the company's Colombia joint venture. Coming catalysts: Concentrate test results from both Montauban and Colombia are expected in the near term. Exploration upside: Systematic exploration planning is under way at Montauban, and technical work has identified large, continuous geological structures extending to 1,200 metres, underscoring the district-scale potential of the property. Colombia momentum: Continuing review of the Bolivar area reinforces confidence in validating, closing and executing the company's expansion strategy. Gordon Robb, chief executive officer of Esgold, commented: "We are extremely pleased with the steady progress at Montauban, where building construction is advancing on schedule and moving toward completion, anticipated by mid-Q4 2025. Thanks to recent funding, we are now in the position of being fully financed to complete Montauban and to advance preparatory work on our prospective initiative in Colombia. With concentrate test results pending and exploration planning under way, the months ahead will be transformative as we build cash flow at Montauban while unlocking long-term discovery potential across our portfolio. Esgold is building the foundation for scalable growth, and we are very excited about what lies ahead." Building momentum at Montauban Construction at the fully permitted Montauban project continues on track, with infrastructure development and building completion anticipated mid-Q4 2025. The facility is advancing toward readiness for equipment delivery and commissioning, aligning with the company's strategy to begin production in 2026. As a result of recent financing, Esgold is in a strong financial position to complete Montauban and advance its Colombia joint venture without the necessity of returning to the market for capital. Once the team arrives in Colombia for on-the-ground validation, Esgold will be fully equipped to close and execute. In parallel with construction, Esgold is advancing exploration at Montauban. Despite over a century of historic mining, the deposit has never been systematically explored. Recent technical work has identified large, continuous geological structures extending to 1,200 metres, underscoring the district-scale potential of the property. Why this matters to investors This update reinforces Esgold's unique position as a fully financed, fully permitted, near-term producer with significant exploration upside. Unlike most juniors that rely on continuous dilution, Esgold is advancing toward cash flow in 2026 while systematically unlocking discovery potential. The dual-track model of cash flow today and discovery tomorrow positions the company to deliver sustainable shareholder value through both near-term production and long-term growth. What is next: Concentrate test results for both Montauban and Colombia; Colombia validation by Esgold's technical team, followed by deal closure and execution; Comprehensive 3-D geological model of Montauban currently in progress, designed to integrate ambient noise tomography survey results and guide systematic exploration; Exploration at Montauban will progress to include systematic drilling to highlight the district-scale significance of the deposit. Esgold is fully financed and remains focused on advancing Montauban into production, with cash flow targeted for 2026. The company's strategy centres on completing construction at its fully permitted Quebec project, generating high-margin revenue from tailings reprocessing and using that cash flow to finance systematic exploration across the land package. This disciplined approach minimizes dilution and compounds shareholder value over time. With Montauban as the blueprint, Esgold is building a scalable platform designed to deliver sustainable, long-term value for its shareholders. 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, independent verification and quality assurance/quality control, and systematic work remains outstanding. No mineral resources or reserves are declared. 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 kilometres west of Quebec City, represents a blueprint for cash-flow-generating legacy site redevelopment across North America. We seek Safe Harbor.