Mr. Gordon Robb reports

ESGOLD PROVIDES MAJOR EQUIPMENT UPDATE AFTER RETURN FROM TECHNICAL VALIDATION TRIP IN CHINA

Esgold Corp. has provided a corporate update on equipment procurement, inspection and delivery progress at its Montauban gold-silver project in Quebec.

Esgold's technical team has returned from China after completing its inspection program for the remaining equipment purchased from Chinese manufacturers. Following this review, the company's engineers have confirmed that the equipment meets industry and Esgold's specifications and has approved this equipment for shipment.

This marks an important execution milestone for the company as the Montauban project advances from procurement toward site installation and readiness.

Key equipment updates

Esgold is pleased to report the following continued progress across several major equipment workstreams:

• The company's technical team has completed its inspection program and returned to Canada from China.
• Equipment purchased from Chinese manufacturers has been certified by Esgold's engineers as meeting industry and company specifications.
• The remaining manufactured mill equipment has been approved for shipment and is expected to arrive from China within 45 to 60 days.
• The mobile water treatment equipment has been delivered to the Montauban project site.
• Major mining equipment components, including the Falcon concentrator and thickeners, have been purchased and fully paid for and the Falcon concentrator and thickeners are expected to be delivered during the second week of August.

Together, these developments represent a major step in completing the equipment procurement phase for the Montauban project and preparing the project for the next stage of construction and installation preparation.

Advancing toward site integration

The successful completion of the inspection program in China was a critical part of Esgold's quality control process. By reviewing the equipment directly with manufacturers before shipment, the company has added an important level of confidence to its supply chain and project execution plan.

With the mobile water treatment equipment already delivered to site and other major components now purchased or approved for shipment, Esgold believes the Montauban project is entering an important phase of development.

As equipment arrives at site, the company will continue co-ordinating logistics, installation planning, construction sequencing and contractor readiness.

Chief executive officer commentary

"This is a major step forward for Esgold," said Gordon Robb, chief executive officer of Esgold. "Our technical team has completed its inspection program in China and confirmed that the remaining manufactured equipment meets industry and our specifications and is ready for shipment."

Mr. Robb continued: "With the water treatment equipment now at the Montauban site, the Falcon concentrator paid for, and the thickeners and other key components purchased, the major pieces of the project are coming together. This is an important milestone for the company as we move into the installation phase of the Montauban project."

Montauban project momentum

The Montauban project is being advanced as a fully permitted tailings reprocessing operation in Quebec while Esgold continues to pursue a broader district-scale exploration strategy across the Montauban property.

In parallel with equipment procurement and delivery, the company continues to advance exploration planning as it awaits drill permits. Esgold is using this period to refine priority targets, integrate historical exploration data, evaluate recently acquired claims, and incorporate geological and geochemical data into its district-scale targeting work. The company has completed its most recent ambient noise tomography (ANT) survey, which covered approximately 70 square kilometres compared with the previous 10-square-kilometre survey, and the company is currently awaiting interpretation of those results and the updated 3-D modelling that will follow.

Upon receipt of the required exploration permits, Esgold intends to begin a structured exploration program focused on priority targets identified through its continuing data compilation and geological interpretation.

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 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.

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