Star Metro - ESGold Advances Historic Mine Waste Reclamation With MOU for Up to 300,000 Tonnes of Aggregate Annually

The agreement represents an important step in ESGold's strategy to transform historic mine waste into commercially valuable material while advancing its broader vision of environmental restoration and sustainable resource development.

Under the MOU, the parties intend to evaluate the use of treated mining residue as aggregate for potential construction applications, creating an opportunity for an additional revenue stream alongside the Company's planned gold and silver recovery operations at its Montauban Gold-Silver Project in Québec.

The MOU is non-binding and a general understanding between the parties. Definitive terms and deliveries under the MOU will be subject to material characterization, environmental testing, applicable regulatory approvals and the execution of a definitive agreement between the parties. No pricing or minimum purchase commitments have been established under the MOU.

Transforming a Century of Mining Waste into a Valuable Resource

For more than a century, historic mining activities in the Montauban region have left behind substantial quantities of mine tailings stored at surface, creating a longstanding environmental legacy issue for the surrounding community. These historic residues contain potentially harmful metals and sulphide-bearing minerals that can present environmental risks if left unmanaged.

ESGold's Montauban processing operation is designed to address this legacy issue by recovering remaining gold and silver from historic tailings while treating, neutralizing and stabilizing the residual material. Through its planned closed-circuit processing system and subsequent residue treatment, the Company aims to reduce the environmental risks associated with these historic deposits and produce a stable, environmentally suitable aggregate for potential beneficial reuse.

Rather than simply relocating historic mine waste into new permanent storage, ESGold is pursuing opportunities to transform this material into a usable product, supporting the Company's long-term vision of reducing mining waste while creating additional economic value.

Gordon Robb, Chief Executive Officer and Director of ESGold, commented:

"This MOU represents an exciting step forward in our vision for Montauban. For generations, this community has lived alongside the environmental legacy of historic mining operations. We now have an opportunity to change that by recovering the remaining precious metals, neutralizing and stabilizing the waste, and potentially transforming it into a valuable construction material. Our goal is to turn what has been an environmental liability for more than a century into something that benefits both the community and our shareholders."

About ESGold Corp.

ESGold Corp. (CSE:ESAU)(OTCQB:ESAUF)(FSE:Z7D) is a fully permitted, fully funded, pre-production mining company advancing a scalable clean mining model across North America. The Company's flagship Montauban Gold-Silver Project in Québec is under construction. With a dual-track strategy focused on advancing toward near-term gold and silver production while systematically evaluating district-scale exploration potential, ESGold is building a foundation for sustainable growth and long-term shareholder value.

For more information, please contact ESGold Corp. at 1-888-370-1059 or visit esgold.com for additional resources, including a French version of this press release, past news releases, a 3D model of the Montauban processing plant, media interviews, and opinion-editorial pieces.

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For further information on the Company please contact:

Email: [email protected] or [email protected] or [email protected]

Phone: 604-885-1348 or 1-888-370-1059 or 250-217-2321

On behalf of the Board of Directors of ESGold Corp.

Gordon Robb

Chief Executive Officer & Director

Forward-Looking Statements

This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws, including statements regarding the MOU and its non-binding terms, and current and future development and exploration activities and potential. Forward-looking information is based on reasonable assumptions believed to be current but involves known and unknown risks and uncertainties that may cause actual results to differ materially. Historical data referenced herein is not current, has not been independently verified by ESGold, and should not be relied upon for investment decisions. ESGold disclaims any obligation to update or revise forward-looking information except as required by law.

These forward-looking statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant drilling, operational, business, economic and regulatory uncertainties and contingencies. These assumptions include, among other things: the MOU and its non-binding terms, current and any future drill program and results therefrom and exploration activities at the Company's Montauban project, the ANT-based 3D geological model, its results and interpretation of the same, conditions in general economic and financial markets; accuracy of assay results; geological interpretations from drilling results, timing and amount of capital expenditures; performance of available laboratory and other related services; future operating costs; the historical basis for current estimates of potential quantities and grades of target zones; the availability of skilled labour and no labour related disruptions at any of the Company's operations; no unplanned delays or interruptions in scheduled activities; all necessary permits, licenses and regulatory approvals for operations are received in a timely manner; the ability to secure and maintain title and ownership to properties and the surface rights necessary for operations; and the Company's ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.

The Company cautions the reader that forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing and content of work programs; results of exploration activities and development of mineral properties; the interpretation and uncertainties of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds; failure to delineate potential quantities and grades of the target zones based on historical data; general market and industry conditions; and those factors identified under the caption "Risk Factors" in the Company's continuous disclosure documents filed on SEDAR+ at www.sedarplus.ca

Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE: ESGold Corp.

View the original press release on ACCESS Newswire

O.Gauthier--SMC