Mr. Jean Therien reports

ESGOLD CORP. ISSUES SHARES FOR MONTAUBAN AND RELATED DEBT

ESgold Corp. has issued 50 million shares to DNA Canada Ltd. to satisfy its obligation on the acquisition of the Montauban project. In addition, it has issued 9,262,100 shares for debt related to the acquisition of Montauban. The shares will be subject to a four-month-and-one-day hold period.

About ESgold Corp.

ESgold is a Canadian environmentally aware resource exploration and processing company. Management has demonstrated expertise in advancing gold exploration projects into acquisition targets, most notably in the province of Quebec. ESgold's principal restoration and recovery project is the Montauban property situated in Quebec, just 80 kilometres west of Quebec City. The company has also entered into a joint venture agreement to determine the presence of recoverable metals in the Ottawa River, consistent with ESgold's commitment to environmental recovery solutions.

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