21:20:44 EDT Thu 11 Jun 2026
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Esgold Corp (2)
Symbol ESAU
Shares Issued 110,213,090
Close 2026-06-11 C$ 0.495
Market Cap C$ 54,555,480
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Esgold receives furnace for Montauban gold project

2026-06-11 17:49 ET - News Release

Mr. Gordon Robb reports

ESGOLD RECEIVES DORE MELTING FURNACE AT MONTAUBAN PROJECT SITE

A tilting-type melting furnace has been delivered to Esgold Corp.'s Montauban gold-silver project in Quebec.

The furnace is designed for high-temperature melting applications and will form part of the company's on-site precious metals handling and dore pouring infrastructure. The unit is a propane-fired tilting furnace equipped with a hydraulic tilting system, thermocouple temperature monitoring and supporting crucibles. The furnace is rated to a maximum temperature of 1,300 degrees Celsius and has a stated metal charge capacity of 150 kilograms.

The delivery of the furnace unit represents another step in Esgold's continuing construction and commissioning preparation activities at its Montauban site, where the company continues to advance site infrastructure, mill circuit components, gold room preparations and related operational systems. The furnace joins a growing inventory of key processing equipment already delivered to site, including Humphrey spirals and shaker tables that will form part of the project's gravity recovery circuit.

Advancing on-site dore pouring capability

The furnace is intended to support Esgold's future on-site melting and dore pouring process once the Montauban operation is commissioned and operating. The equipment is expected to be used in connection with the company's planned gold and silver recovery circuit, which includes Merrill-Crowe processing for precious metal recovery from permitted tailings material.

The arrival of the furnace follows the steady delivery of critical processing infrastructure for continued progress across Montauban's construction and equipment procurement program. Key site activities remain focused on the installation, integration and commissioning preparation of processing infrastructure required to transition the project toward operations.

CEO (chief executive officer) commentary

"The delivery of this furnace is another practical and visible milestone in our transition from construction toward operations at Montauban," said Gordon Robb, chief executive officer of Esgold. "This unit is part of the infrastructure required to move from mineral recovery to dore production, and it reflects the steady progress being made across the project. With major components including the Humphrey spirals, shaker tables and now the furnace on site, investors can see the processing infrastructure continuing to come together as we advance toward commissioning.

"Our focus remains on execution. As equipment continues to arrive and site preparations advance, Esgold is building the operational foundation required to bring Montauban into its next stage."

Montauban project update

Esgold continues to advance construction and commissioning preparation activities at its fully permitted Montauban gold-silver project. The company's current work program includes installation and integration of key processing components, development of on-site precious metals handling infrastructure, and continued preparation of the gold room and supporting operational systems.

The company also continues to advance its broader Montauban exploration model, including continuing integration of geological, geophysical and historical data sets to support future exploration targeting across the district.

About Esgold Corp.

Esgold is a fully permitted, fully financed, preproduction mining company advancing a scalable clean mining model across North and South America. The company's flagship Montauban gold-silver project in Quebec is under construction with production anticipated in 2026. With a dual-track strategy of cash flow today and discovery tomorrow, Esgold is building a platform for clean, sustainable growth and long-term shareholder value.

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