ESGold is on the cusp of a potential district-scale discovery at its Montauban Project, where modern exploration is being applied systematically for the first time in the site's 110-year history. The Company's Ambient Noise Tomography (ANT) survey has exceeded its original depth expectations, now imaging beyond 800 meters, and is being integrated with historical drilling and geophysical data to construct a comprehensive 3D geological model. This model—targeted for release in the third week of May—is expected to reveal the scale, structure, and continuity of known and untested mineralized zones, including a large southwest anomaly identified in the VTEM survey that remains undrilled. If confirmed, this could mark the emergence of a second VMS system on the property, positioning ESGold for a major re-rating event.

In parallel with advancing its exploration strategy, the Company is finalizing an updated Preliminary Economic Assessment (PEA), which is now imminent. This report will provide an updated view of Montauban's near-surface economics, factoring in recent engineering progress, cost structure optimization, and today's elevated gold and silver prices. With first production targeted for year-end and discovery potential accelerating, ESGold is executing on a rare dual-track strategy—delivering near-term cash flow while advancing exploration that could redefine the scale and value of the project.

With permits in place, Montauban is set to achieve production within six months of securing final financing. The Company requires a total of $6M CAD for construction and $2M CAD for initial operating expenses to bring the project into production. The Company recently raised $3.45M CAD and has also secured a $2M operating line of credit as a financial backstop to ensure a seamless transition to cash flow.

Exceptional Project Economics

The Preliminary Economic Assessment (PEA) highlights robust financials, including:

• Gross Revenues: Projected CAD $106.9 million, with upside over $315 million within the first five years when including near-surface hard rock ore (historical 43-101).
• Internal Rate of Return (IRR): 66.3% strictly from tailings (See PEA here) new PEA pending to reflect current gold and silver prices, with increased IRR when factoring in near-surface high-grade hard rock.
• Payback Period: 0.9 years, demonstrating rapid return on investment.
• Cash Flow in Year 1: Projected +$23 million at current gold and silver prices.
• Production Plan: Initial 500 tonnes per day (tpd), scaling to 1,000 tpd, allowing for a 300,000-tonne annual throughput once fully optimized.

Exploration Upside - Systematic Definition of Montauban's True Scale

For the first time in its 110-year history, the Montauban Project is undergoing systematic exploration using Ambient Noise Tomography (ANT), an advanced geophysical technology that will map the scale, depth, and continuity of the deposit. This cutting-edge initiative will:

• Define high-priority drill targets and significantly expand the known resource base.
• Explore volcanogenic massive sulphide (VMS) cluster potential, a hallmark of the world's richest polymetallic districts.
• Leverage cash flow from production to fund a fully self-sustained exploration program, minimizing dilution for shareholders.

Exploration Breakthrough - Rhodonite Identified at Montauban

Recent sampling at Montauban has confirmed the presence of rhodonite, a manganese-rich silicate mineral commonly associated with high-grade lead-zinc-silver deposits, including the world-class Broken Hill deposit in Australia. This discovery is geologically significant, as rhodonite is often linked to metamorphosed volcanogenic massive sulfide (VMS) systems and may indicate the presence of deeper, high-grade polymetallic mineralization. The finding further supports ESGold's ongoing exploration thesis, strengthening the Broken Hill-type (BHT) analogue at Montauban.

As ESGold advances its ANT geophysical survey, this newly identified indicator mineral provides further justification for systematic deep exploration. The Company will integrate these findings into its geological model to refine drill targets and assess the potential for a district-scale polymetallic discovery at Montauban.

Near-Term Gold-Silver Production

• ESGold's flagship Montauban Project is fully permitted and production-ready.
• Production Timeline: Gold and silver doré pouring will begin within six months of securing financing.
• Minimal Capex Required: $6M CAD construction + $2M CAD operating costs will bring Montauban into production.

Exploration Upside - Defining a District-Scale Opportunity

• First-ever systematic exploration using ANT technology to define the size and scale of the Montauban anomaly.
• VMS deposits occur in clusters—Montauban's 13,116-hectare land package has never been systematically explored.
• ESGold is positioned for district-scale discovery as cash flow from production funds exploration.

ESGold stands as a premier investment opportunity for gold and silver, backed by our property resources

Mission and Ethics

As the world shifts towards decarbonization and electrification, we supply essential metals required by society.

Our vision is to become one of the world's premier gold and silver producer, recognized for our leadership in the industry. We aspire to set the standard for excellence across all areas of our operations, from the initial discovery of valuable gold/silver deposits to the final stages of production. Our goal is to be known for our unmatched expertise and ability to consistently deliver global supply demands while respecting environmental requirements.To achieve this, we are dedicated to continuous innovation, leveraging cutting-edge technologies and advanced engineering practices. We prioritize sustainable development in every aspect of our business, ensuring that our operations not only meet the needs of today but also contribute positively to the environment and society for future generations. By maintaining these principles, we aim to strengthen our reputation as a responsible and forward-thinking leader in the mining industry.

INVESTMENT

The market currently undervalues the company, which presents an attractive opportunity for private and institutional investors.

SUSTAINABILITY

Sustainable mining benefits the environment and ensures long-term success as consumers demand responsibly sourced metals.

OPERATIONS

ESGold merges profitability with purpose, offering a groundbreaking approach to responsible mining for investors who value impact and innovation.

ESGold is focused on mining gold, silver, and mica from its Montauban mining operations located in Quebec, Canada.

Au - Gold

Cherished for its peerless durability and conductivity, gold is more than a symbol of wealth. It plays a vital role in cutting-edge industries, from electronic devices and medical technology to aerospace innovation, while remaining one of the world's most sought-after investment assets.

Ag - Silver

Renowned for its unmatched electrical and thermal conductivity, silver drives innovation across industries. From powering solar panels and advancing electronic devices to enabling 5G networks, this extraordinary metal serves as both a vital industrial resource and a coveted investment.

Mica - Moscovite

A mineral of versatility, with its exceptional insulating properties and heat resistance, is a cornerstone in both industrial and scientific applications. From electrical components to high-temperature insulation and even cosmetics, this mineral continues to shape innovation across diverse fields.

Paul Mastantuono

CEO & Director

Paul Mastantuono graduated with distinction from the University of Ottawa where he earned a Bachelor's degree in Social Science with concentration in Criminology.

Mr. Mastantuono is well seasoned in the construction and transportation industries. In addition, Mr. Mastantuono has worked as an independent business consultant for different companies most recently DNA Precious Metals Inc.

Brad Kitchen

President & Director

Brad Kitchen brings a 35-year record consisting of investment banking and senior corporate management including the responsibility for operations and financings for primarily resource based small, medium and large private and public companies.

Used detailed knowledge of regulatory, security and tax issues, cross-border financings, market influences to address business challenges of issuers and investors.

Both a leader and team player in corporate critical situations generating synergies, creating corporate successes and achieving set targets and goals.

Andre Gauthier

Director

Mr. Gauthier has over 47 years of experience in the Mining Exploration field and has worked in over 35 countries. His work experience includes entities such as: SOQUEM, Falconbridge Ltd., Noramco and Cambior Inc. Mr. Gauthier was president of Maxy Gold Corp. (China), INCA Pacific Resources Inc., Lara Exploration Ltd., and Gold Holding Ltd. Mr. Gauthier also served as a Director of Vena Resources Inc., Maxy Gold Corp, Lara Exploration Ltd., Western Union Peru, and Gold Holding Ltd., and from March 2015 until 2018, he served as interim Managing Director and CEO of Gold Holding Ltd., headquartered in Dubai (UAE). He has a BSC in Geology Eng. and MSC from UQAC (Chicoutimi, Quebec) and is active member and leader of many mining and professional organizations (Canada, Peru, UAE, and China).

Mr. Gauthier was also involved in many Gold and Copper discoveries and acquisitions, namely, "Lac Shortt" (Canada), "La Arena" (Peru), "Anabi (Minaspata)" (Peru), "Luchun" (China); "Metates" gold (Mexico), "La Granja" copper, "La Virgen" gold (Peru) and "Pachon" copper (Argentina). He was also involved in the creation of the Lima Venture Capital Exchange (part of BVL) and Gold Holding Ltd. Since 2020, Andre has been leading Eval Minerals, his private company involved in mineral investments and advisory services.

Peter Espig

Director

Peter Espig served as Vice-President at Goldman Sachs Japan in both the Principal Finance and Securitization Group and the Asia Special Situations Group, where his team participated in more than $10 billion in structured deals, capital raises, and cross-border transactions. Prior to Goldman Sachs, he was Vice-President at Olympus Capital, a New York-based private equity firm, where he focused on corporate restructurings, investment analysis, and international financing negotiations. He also played a pioneering role in some of the earliest SPAC transactions, totaling over US$1.2 billion, and brings deep experience in disciplined capital deployment and turnaround execution.

Since 2013, Mr. Espig has served as President and CEO of Nicola Mining Inc., where he led the company out of creditor protection and transformed it from a distressed asset into a cash-flowing mining enterprise - a rare achievement for a junior miner. Under his leadership, Nicola not only achieved production but also established multiple milling partnerships and saw its market capitalization grow over ten-fold - a testament to disciplined execution, lean operations, and long-term value creation.

Mr. Espig holds a Bachelor of Arts from the University of British Columbia and an MBA from Columbia Business School, where he was a Chazen International Scholar. He has served on various public boards and was recognized among Industry Era's "Top 10 Admired Leaders" in 2023.

Paul Mastantuono

CEO & Director

Paul Mastantuono graduated with distinction from the University of Ottawa where he earned a Bachelor's degree in Social Science with concentration in Criminology.

Mr. Mastantuono is well seasoned in the construction and transportation industries. In addition, Mr. Mastantuono has worked as an independent business consultant for different companies most recently DNA Precious Metals Inc.

Brad Kitchen

President & Director

Brad Kitchen brings a 35-year record consisting of investment banking and senior corporate management including the responsibility for operations and financings for primarily resource based small, medium and large private and public companies.

Used detailed knowledge of regulatory, security and tax issues, cross-border financings, market influences to address business challenges of issuers and investors.

Both a leader and team player in corporate critical situations generating synergies, creating corporate successes and achieving set targets and goals.

Tony J.Giuliano

Chief Financial Officer

Tony J. Giuliano is an experienced financial executive having worked as Chief Financial Officer for several public companies listed on stock exchanges in the United States and Canada. His experience in such roles covered a variety of industries including manufacturing, IT services, software and mining.

Mr. Giuliano has been involved in all aspects of accounting, capital financing, treasury, taxation, mergers and acquisitions, international operations and ensuring SEC and Canadian regulatory compliance.

Mr. Giuliano spent the first nine years of his career with Deloitte Canada, an international accounting firm, in Montreal where he gained expertise with Canadian public companies operating in both the manufacturing and financial services sectors. Mr. Giuliano is a Certified Professional Accountant and a member of the Quebec Order of Chartered Accountants since December 1982. He received a Diploma in Public Accountancy from McGill University in 1982 and a Bachelor of Commerce from Concordia University in 1979.