Mr. Jean Therien reports

ESGOLD ANNOUNCES NON-DILUTIVE LOAN AGREEMENT FOR USE AT MONTAUBAN

Esgold Corp. has entered into a $2-million secured loan agreement with La Maison du Pret, a private lending company located in Montreal, Que., Canada, that provides short-term financing solutions. The finances are available for use by the borrower, at the company's discretion, by way of advances under the loan agreement.

The loan agreement bears interest at a rate of 18 per cent per annum and is repayable in 12 months following final disbursement. The loan agreement also includes an extension clause, at the option of the company. The company is responsible for all fees and expenses relating to the loan. The proceeds of the loan will be used by the company to advance the development of the Montauban project.

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.

We seek Safe Harbor.