Esgold Corp · CSE:ESAU

Esgold — Investor Presentation (March 2023)

43 slides from Esgold's investor presentation, March 2023

  1. Slide 1: ESGold Corp.

    ESGold Corp. MARCH 2023 CSE: ESAU | OTC: ESAUZF | FSE: N2W esgold.com

  2. Slide 2: Forward-Looking Statements

    FORWARD-LOOKING STATEMENTS This presentation contains certain statements that may be deemed “forward-looking statements”. All statements, other than statements of historical fact, that address events or developments that ESGold Corp. expects to occur, are forward-looking statements. Forward-looking

  3. Slide 3: Content

    CONTENT 1 ESGOLD OVERVIEW 4 EAGLE RIVER PROJECT 2 MONTAUBAN PROJECT 5 POLYMER PROJECT 3 OTTAWA RIVER PROJECT 6 APPENDICES 3

  4. Slide 4: ESGold Overview

    @ ESGOLD OVERVIEW —_—_——U

  5. Slide 5: 2023 Outlook

    2023 OUTLOOK VALUE DRIVERS MONTAUBAN – ROAD TO PRODUCTION MONTAUBAN - HARD ROCK OTTAWA RIVER – GOLD RECOVERY EXPLORATION ▰ Projected is fully permitted to operate 1000m/t ▰ LOW-COST OPPORTUNITY to validate per day Merrill-Crowe closed circuit process ▰ Based on historical not current mineral the MIN

  6. Slide 6: Business Overview

    BUSINESS OVERVIEW ▰ Formed in 2004 and traded on the CSE (CSE:ESAU), ESGold is headquartered in Vancouver, BC ▰ The company is developing the Montauban Mine project to profitably ESGold is a Canadian gold extract significant residue minerals while restoring and returning the mine exploration company

  7. Slide 7: Management Team

    MANAGEMENT TEAM Jean Yves Therien Rebecca Ong Paul Mastantuono CEO & Director CFO COO & Director • Mr. Therien has more than 12 years of senior • Has over 30 years of experience in finance in • Started a transportation company in early management experience in mining and public reporting, investment

  8. Slide 8: Advisory Board

    ADVISORY BOARD Pierre-Olivier Mathys Ron Perry Michel Fontaine • Pierre-Olivier is a leader in transformational • Mr. Perry is an experienced entrepreneurial • Mr. Fontaine is a private investor, entrepreneur, technologies who thrives on organizations executive with a demonstrated history of working

  9. Slide 9: Board of Directors

    BOARD OF DIRECTORS Christopher Stewart Martin Prescott Director Director • Chris is a Professional Engineer with over 30 • Mr. Prescott has over 25 years of experience years of management, operational and technical relating to stock market trading, blockchain and experience in the mining industry. i

  10. Slide 10: Share Structure

    SHARE STRUCTURE Details to support options/warrants outstanding Options Options issued Oct 6, 2021 @ $0.15 5 000 000 Options issued May 31, 2022 @ $0.05 8 550 000 Options issued June 11, 2022 @ $0.05 1 000 000 Options issued June 30, 2022 @ $0.095 500 000 Description Number of shares Options issued

  11. Slide 11: Montauban Project

    oe MONTAUBAN PROJECT —_—_——

  12. Slide 12: The Montauban Project Site

    THE MONTAUBAN PROJECT SITE The property is located approximately 80 km west of Quebec City and approximately 60 km north of Trois-Rivières, in the Montauban Township in the Portneuf County, Quebec 12

  13. Slide 13: Montauban Highlights

    MONTAUBAN HIGHLIGHTS PROJECT HIGHLIGHTS ▰ Fully permitted processing operations for PEA Highlights March 2023: 1,000 t/d mill • Pre-tax net present value (NPV) (discount rate 5%) of C$ 14.08M, internal ▰ Mill building and infrastructure, including rate of return (IRR) of 42.6% and payback of less th

  14. Slide 14: Drilling & Mineral Resources at Montauban

    DRILLING & MINERAL RESOURCES AT MONTAUBAN ▰ The drill hole database contained 352 valid drill hole collars, with a total meterage of 1,654.04 m and 1,170 assay intervals totaling 1,498.05 m. For the Notre-Dame-de-Montauban tailing a total of 35 test pits and trenches totaling 77.44 m were excavated.

  15. Slide 15: Tailings Mineral Resources at Montauban 2023

    TAILINGS MINERAL RESOURCES AT MONTAUBAN 2023 The mineral resources estimation for the Montauban and the Notre-Dame-de-Montauban tailings Montauban tailings Au (g/t) Ag (g/t) AuEq (g/t) Tonnes Au Oz Ag Oz AuOz eq Indicated 0.40 31 0.78 603 700 7 800 610 350 15 000 Inferred 0.34 28 0.67 292 000 3 150

  16. Slide 16: The Montauban Site Opportunity

    THE MONTAUBAN SITE OPPORTUNITY ▰ With the right support and investment, a contaminated site can be an opportunity for companies that can process mine tailings while restoring the sites back to a natural “green” state, and qualify as perfect exemple of ESG project ▰ This includes the Montauban site,

  17. Slide 17: Montauban Near Surface Potential Hard Rock Resources

    MONTAUBAN NEAR SURFACE POTENTIAL HARD ROCK RESOURCES Near Surface Potential 1M+ tons based on Historical independent reports NI 43-101 ( J. Martchanbd) 2003 )not current Gold Silver 3.6 g/t+ 29 g/t+ 125,000 oz Au 817,000 oz Ag ▰ Montauban deposit and area have not been explored with modern explorati

  18. Slide 18: Near Surface Historical Resources Potential

    NEAR SURFACE HISTORICAL RESOURCES POTENTIAL Surface resources - section 1310 N Grab Samples 1 11.90 g/t Au 31.4 g/t Ag 2 33.20 g/t Au 74.00 g/t Ag 3 1.20 g/t Au 25.00 g/t Ag *based on Historical independent reports non NI 43-101 18 † Source : Jacques Marchand for Mirabel Resources ‡ Source : Izza Mi

  19. Slide 19: Near Surface Potential Resources

    NEAR SURFACE POTENTIAL RESOURCES Zone MT Au (g/t) Ag (g/t) Zone Nord 274,500 2.80 15.00 Zone Sud 123,533 3.50 56.00 3.02 27.72 Sub-total 398,033 (38,832 oz) (356,886 oz) Golden Goose 693,590 3.44 14.32 3.29 19.20 Total 1,091,623 (115,357 oz) (674,061 oz) *based on Historical independent reports NI 4

  20. Slide 20: Montauban Mine Past Production

    MONTAUBAN MINE PAST PRODUCTION 1913-1944* 1948-1955* 1983-1990† tons zinc 77,000 39,600 - tons lead 24,000 15,600 - oz. gold 40,000 16,876 92,553 oz. silver 4,000,000 2,647,517 323,376 * Source : Jean Depatie for Boiville Ressources Ltd † Source : Genivar Inc. for MRNQ 20

  21. Slide 21: ESGold's Montauban Business Model

    ESGOLD’S MONTAUBAN BUSINESS MODEL ESGold Corp. has a viable solution, which encompasses the restoration of contaminated tailings sites and the extraction of precious metals including gold and silver as well as industrial minerals such as mica. ACQUISITION MILL FACILITY OPERATION & REVENUE NEW PRODUC

  22. Slide 22: ESGold Local Support

    ESGOLD LOCAL SUPPORT STRONG SUPPORT FROM STRONG SUPPORT FROM HIGH INTEREST FOR NEW THE MUNICIPALITY, MAYOR, THE LOCAL POPULATION GOOD PERMANENT ADMINISTRATION QUALITY JOB CREATION 22

  23. Slide 23: Work Completed to Date by ESGold

    WORK COMPLETED TO DATE BY ESGOLD ▰ Over $11M has been invested in developing the Montauban opportunity ▰ ESGold has obtained all the required permits to restore this contaminated site and has signed the required protocols with the municipality of Notre-Dame-de-Montauban ▰ The company has completed a

  24. Slide 24: 24

    24

  25. Slide 25: Plant site layout plan

    25 Park boundary of existing tailings pond PROCESSING MILL DRAIN PIPE @ = 280 mm FACILITY ° 25 50 7s x00, ry NEW ROUTE ON THE DAM EXISTING ACCESS ROAD ACCUMULATION BASIN PUMPING STATION Jcuienr DNA Precious Metals ST TAURENT, 15008, BOUL BUREAU 202, MONTREAL. QUEBEC, HTIRS itp /iwew GROUPE-ALPHARD c

  26. Slide 26: Project Investment Objectives

    PROJECT INVESTMENT OBJECTIVES 1 Secure private and public sector financing to begin production within six to nine months Process mining residues, recover the precious metals (gold, silver and industrial metal 2 muscovite (mica)) and restore the site (decontaminate) through treatment and neutralizati

  27. Slide 27: Overview of the Project's Principal Capital Spending

    OVERVIEW OF THE PROJECT’S PRINCIPAL CAPITAL SPENDING Restoration Plan Tailing Pond and Outside Milling Processing Equipment Equipment The project will bring back to The project will mine the onsite tailing vegetation a mine that has 100 years accumulations that cover 1846 hectares The project will i

  28. Slide 28: Capital Expenditures & Economics – PEA

    CAPITAL EXPENDITURES & ECONOMICS – PEA March 2023 Description Cost – CA$ Items Value Mine capital costs 450,000 CA$ Plant Equipment+Installation 7 860,000 Total revenue of sales 62,207,000 Total operating costs 27,093,000 Infrastructure capital costs 2 018,500 Before-tax 14,079,000 Closure costs 1 1

  29. Slide 29: Ottawa River Project

    Ss OTTAWA RIVER PROJECT —_—_—_——l

  30. Slide 30: Royal Mint Lost Gold Estimate

    ROYAL MINT LOST GOLD ESTIMATE ▰ The exact ounces of gold refined is unknown, but ESTIMATED OUNCES FROM TO GROSS WEIGHT archives indicate 225 M oz from 1908-1976. LOSSES LOST ▰ The metal recovery is unknown. However, 1908 1946 103,521,792 3% 3,105,654 “sweeps” (slag, fine particles, tails etc.) from

  31. Slide 31: Ottawa River Overview

    OTTAWA RIVER OVERVIEW OTTAWA RIVER PROJECT OVERVIEW OTTAWA RIVER PROJECT WORK PLAN AGREEMENT ▰ Historical information points to thousands ▰ In July of 2022 ESGold completed an of tonnes of waste from pre-melt gold ▰ NBJV has historically collected 20 eight-day diving program where small processing f

  32. Slide 32: Area of Interest

    AREA OF INTEREST 32

  33. Slide 33: Eagle River Project

    @ EAGLE RIVER PROJECT _—_—_—l

  34. Slide 34: Eagle River Highlights

    EAGLE RIVER HIGHLIGHTS ▰ Acquired 386 claims (21,472 hectares) prior to a major staking rush in the Urban-Barry district ▰ Located south-east of Osisko’s Windfall Lake project ▰ On trend to the Windfall Lake project and adjacent to Bonterra’s Gladiator project ▰ Osisko is currently developing its Wi

  35. Slide 35: Polymer Project

    Ss POLYMER PROJECT _—_——

  36. Slide 36: Polymer Project Highlights

    POLYMER PROJECT HIGHLIGHTS ▰ ESGold entered into a joint venture agreement with DMCMS inc. to produce and sell construction building materials. The new joint venture will use an organic polymer that will bond the processed tailings into building materials with shapes including, bricks, cinder blocks

  37. Slide 37: Corporate Directory

    CORPORATE DIRECTORY ESGold Corp. Jean Yves Therien CSE: ESAU | OTC: ESAUZF | FSE: N2W CEO 488 – 1090 W Georgia St. +1 514-668-2244 Vancouver, BC, V6E 3V7 jytherien@esgold.com John Stella Investor relations This presentation has been reviewed by Claude Duplessis Eng. Of Tel: +1 514-712-1532 GoldMInds

  38. Slide 38: Appendices

    Ss APPENDICES _—_—

  39. Slide 39: The Milling Process

    THE MILLING PROCESS Grinding/Crushing/Milling Leaching Gold Separation 39

  40. Slide 40: Restoration Plan MERN Letters

    RESTORATION PLAN MERN LETTERS 40

  41. Slide 41: Restoration Plan (MERN)

    RESTORATION PLAN (MERN) $1.2M Item Description Total Restoration Plan (Ministère des Ressources naturelles) $1.2M Restoration Plan - Total $1.2M ❑ Restoration will be completed in accordance with the MERN reporting and other requirements ❑ All site water and diverted water flows will apply current b

  42. Slide 42: Tailing Pond (Dam) Tailings Map

    TAILING POND (DAM) $762,000 Item Description Total Construction contract - Excavation work and dike construction $700,000 TAILINGS Engineering $62,000 MAP Tailing Pond - Total $762,000 ❑ The Montauban tailings sites are situated one kilometer west of Montauban-les-Mines with multiple land accesses ❑

  43. Slide 43: Process, Site Assistance, Immovable Assets & Other

    PROCESS, SITE ASSISTANCE, IMMOVABLE ASSETS & OTHER $695,000 Item Description Total Process – Outside Process Plant Fabrication contract : Repulper $60,000 Site Assistance Construction supervision $50,000 Pre-operational Verification $30,000 Start-up and ramp-up $30,000 Immovable Assets & Other Desig

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