Mr. Gordon Robb reports

ESGOLD APPOINTS PIERRE-MARC GAGNON, P.ENG., AS OPERATIONS DIRECTOR AT MONTAUBAN PROJECT

Esgold Corp. has appointed Pierre-Marc Gagnon, PEng, as operations director for the company's Montauban gold-silver project in Quebec.

Mr. Gagnon brings a diverse combination of operational and technical experience spanning pit and underground mining, exploration, drilling, and project development. His background includes hands-on involvement in underground mine development at Dhilmar's Eleonore operation, where he gained direct exposure to the realities of production environments and developed a comprehensive understanding of the mining cycle, including drilling and blasting, ground support systems, ventilation requirements, and material handling activities.

In addition, Mr. Gagnon has held progressively responsible technical and operational roles with organizations including Technologies & Services Oxx Inc., Agnico Eagle Mines Ltd., FTE Drilling, Newmont Corp. and G.E.T.T. Gold Inc., where he gained experience in drilling coordination, surveying, ventilation, technical consulting services, and drill and blast activities. This diverse background has strengthened his ability to manage multidisciplinary teams, co-ordinate field operations and support the successful execution of mining projects.

At G.E.T.T. Gold, Mr. Gagnon contributed to the research and development and implementation of innovative mining technologies aimed at improving extraction efficiency and reducing dilution through more selective mining practices.

Mr. Gagnon's blend of field experience, technical expertise and project co-ordination enhances Esgold's operational capabilities as the company progresses the Montauban project toward construction and future production.

Strengthening Montauban execution team

In his role with Esgold, Mr. Gagnon will support site execution, operational readiness, contractor co-ordination, technical planning and the continued advancement of the Montauban project as the company moves toward operations.

The appointment reflects Esgold's continued focus on building a practical and technically capable operations team in Quebec. As construction and site preparation activities continue, the company remains focused on execution, co-ordination and disciplined advancement of the infrastructure required to support the next stage of the Montauban project.

CEO commentary

"Pierre-Marc brings practical Quebec-based operating experience at an important stage for Esgold," said Gordon Robb, chief executive officer of Esgold. "His recent hands-on experience at Eleonore, combined with his background in drilling, field co-ordination, technical planning and mine operations, strengthens our execution team as we continue advancing Montauban.

"Our focus remains on building the team and systems required to move Montauban forward properly. Pierre-Marc adds real field experience and technical discipline to our operations group, and we are pleased to welcome him to Esgold."

RSU grant

The company also announces that it has granted 25,000 restricted share units (RSUs) to Pierre-Marc Gagnon pursuant to the company's omnibus equity incentive plan. This grant is in addition to 125,000 RSUs previously granted to Mr. Gagnon in May, 2026, bringing the total number of RSUs granted to Mr. Gagnon to 150,000. The RSUs vest immediately and may be converted into the same number of common shares, settled in cash equal to the fair market value of the common shares on the settlement date, or a combination thereof and pursuant to the terms of the plan, and as determined by the board of directors of the company. This RSUs are subject to approval by the Canadian Securities Exchange.

Montauban project update

Esgold continues to advance construction and operational readiness activities at its fully permitted Montauban gold-silver project in Quebec. The company's current work program includes continued site preparation, co-ordination of contractors and technical teams, installation and integration of key processing components, and preparation of 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 funded, 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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