Expands Montauban Land Position by Adding 44 Mineral Claims Covering Approximately 2,448 Hectares Across a Historically Mineralized Polymetallic Corridor
VANCOUVER, BC / ACCESS Newswire / July 14, 2026 / ESGold Corp. (CSE:ESAU)(OTCQB:ESAUF)(FSE:Z7D) ("ESGold" or the "Company") is pleased to announce that, following the successful completion of due diligence, it 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 Québec.
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 Lanctôt 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 g/t gold over 7.27 metres, including 3.42 g/t gold over 2.68 metres, in historical drill hole 93-24;
5.48% zinc, 0.36% 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; and
Channel samples reporting 3,447 ppm 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.
Figure 1: Shows ESGold's Current Mineral Claims and Newly Acquired Mineral Claims
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.