Mr. Gordon Robb reports

ESGOLD EXECUTES DEFINITIVE AGREEMENT TO ACQUIRE STRATEGIC MONTAUBAN CLAIMS

Following the successful completion of due diligence, Esgold Corp. has entered into two definitive purchase agreements from arm's-length parties to acquire 44 mineral claims covering approximately 2,448 hectares in the Montauban region of Quebec.

The acquisitions, previously announced under a memorandum of understanding on May 5, 2026, further strengthen Esgold's district-scale land position surrounding its Montauban gold-silver project and provide the company with additional exposure to a historically mineralized geological corridor extending beyond the project's previously established boundaries.

The acquired mineral claims include areas near Lac Viking, Lac Lanctot and Lac Charlie, where historical exploration identified gold, silver, copper and zinc mineralization within deformed gneissic and metasedimentary rocks.

Reported historical exploration highlights from the acquired claim areas include:

• 1.65 grams per tonne gold over 7.27 metres, including 3.42 g/t gold over 2.68 metres, in historical drill hole 93-24;
• 5.48 per cent zinc, 0.36 per cent copper, 0.35 g/t gold and 6.8 g/t silver over 3.15 metres in historical drill hole 097-91-19;
• 1.67 g/t gold over 1.47 metres in historical drill hole TR-15-01;
• Channel samples reporting 3,447 parts per million copper and 2,615 ppm copper over one metre.

These historical results demonstrate the broader polymetallic character of the Montauban district and support Esgold's strategy of consolidating prospective ground around its flagship project. The results are historical in nature, have not been independently verified by the company and will require confirmation through modern exploration.

Strengthening Esgold's district-scale position

As Esgold continues evaluating the broader mineralized system across the Montauban district, the newly acquired claims increase the company's ability to assess prospective structures and geological horizons across the district.

Historical exploration indicates that mineralization in the area may occur within structurally controlled sulphide lenses and disseminations hosted within deformed stratigraphy, supporting the company's evolving interpretation of a broader mineralized system. The company believes the acquired ground provides an opportunity to evaluate potential extensions of known mineralized trends, test the continuity of the broader mineralized system, and identify additional targets using modern geological and geophysical techniques.

Esgold is currently integrating regional geological, geochemical and geophysical information, including data generated through its district-scale ambient noise tomography program, into an evolving 3-D geological model designed to further define the broader Montauban mineral system.

The expanded land position from the acquisitions provides the company with greater flexibility to evaluate structural intersections, prospective lithological contacts and potential continuations of mineralization along strike and at depth, supporting a systematic district-scale exploration strategy.

CEO commentary

"Completing these two definitive agreements secures an important extension of our land position across a historically mineralized portion of the Montauban district," said Gordon Robb, chief executive officer of Esgold.

"The historical gold, silver, copper and zinc results demonstrate that the opportunity at Montauban extends beyond the areas that have traditionally received the most attention. As we continue integrating our geological, geochemical and geophysical data sets, this additional ground gives us a larger and more compelling platform from which to systematically evaluate the district's exploration potential."

Transaction details

Under the two definitive agreements, Esgold will acquire a 100-per-cent interest in the 44 mineral claims for aggregate consideration consisting of:

• $70,000 in cash;
• 600,000 common shares of Esgold.

Of the common shares to be issued, 200,000 common shares will be issued at a deemed price of 50 cents per common share and 400,000 common shares will be issued at a deemed price of 55 cents per common share.

The acquisitions are being completed on a 100-per-cent basis with no retained royalty.

The common shares issued in connection with the acquisitions will be subject to applicable securities laws and resale restrictions, including a statutory hold period of four months and one day from the date of issuance.

Closing of the acquisitions may occur in one or more stages and remains subject to the satisfaction of the conditions contained in the definitive agreements, including completion of the applicable mineral claim transfers and approvals of Canadian Securities Exchange. No finders' fees were paid as part of the acquisitions.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Andre Gauthier, PGeo, a director of Esgold and a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

The historical exploration information relating to the claims acquired was prepared by previous operators and has not been independently verified by the company. Esgold considers the information relevant for exploration planning purposes, but it should not be relied upon as evidence of mineral resources, mineral reserves or economic mineralization.

Historical data disclosure

The historical results disclosed in this news release are derived from reports prepared by previous operators. The company has not independently verified this information.

While Esgold considers the historical data relevant as an indication of the exploration potential of the acquired claims, the reliability of the information cannot be confirmed.

The historical results do not comply with current Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards and should not be relied upon as mineral resource or mineral reserve estimates. Additional work, including verification sampling, drilling and modern analytical procedures, will be required to confirm and validate the historical results.

About Esgold Corp.

Esgold is a fully permitted, fully financed, preproduction mining company advancing a scalable clean mining model across North and South America. The company's flagship Montauban gold-silver project in Quebec is under construction with production anticipated in 2026. With a dual-track strategy of cash flow today and discovery tomorrow, Esgold is building a platform for clean, sustainable growth and long-term shareholder value.

We seek Safe Harbor.