Disseminated on behalf of ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) and may include paid advertising.
ESGold (CSE: ESAU) (OTCQB: ESAUF), a development-stage company committed to acquiring, exploring, and developing high-quality mineral properties worldwide, just announced a binding purchase agreement for the acquisition of 44 additional mineral claims in the Montauban region of Québec. The additional claims total approximately 2,448 hectares, adding to its 417 mining claims covering 20,618 hectares that it previously controlled (https://ibn.fm/zZ6B1).
The acquisition involved a total consideration of $70,000 in cash, and 600,000 common shares at a deemed price of $0.50 a share, with a deemed value of $300,000.
“These acquisitions reflect our disciplined approach to building a district-scale exploration opportunity at Montauban,” noted ESGold’s CEO, Gordon Robb. “As our geological understanding evolves through ongoing data integration and interpretation, securing additional prospective ground positions us to systematically evaluate targets and advance exploration in a structured manner,” he added (https://ibn.fm/zZ6B1).
Back in February 2026, ESGold released findings from its ambient noise tomography (“ANT”) based 3D geological model. The results pointed to a deep, laterally extensive anomaly that suggested the potential for a mineralized corridor extending to approximately 900 meters depth and over two kilometers of strike. Most notably, the findings noted that the corridor would extend beyond the limits of the existing survey area at the property (https://ibn.fm/v0mZE).
Findings from this study informed the new acquisitions and further complement the historically documented polymetallic mineralization, with potential to generate a sizable and sustainable revenue stream for ESGold for many years to come.
While speaking on an episode of The MiningNewsWire Podcast, Robb was keen to note that 2026 would be a big year for the company. With decent progress on the development of its facility and its goal to be in operations within the year, ESGold was already well-positioned for success. The acquisition of the additional mining claims further bolsters the company’s position, not just in the Montauban region but also globally. In addition, it brings the company closer to realizing the full potential of this mine, with a history that dates back over 100 years.
“This is a past-producing mine that produced for well over 100 years, yet with very limited property-wide exploration. We have a lot of milestones coming up, and at the same time, we’re developing, exploring, and aiming to be producing all in the same year,” Robb noted (https://ibn.fm/VCeLn).
For company information, visit the company’s website at www.ESGold.com.
NOTE TO INVESTORS: The latest news and updates relating to ESAUF are available in the company’s newsroom at https://ibn.fm/ESAUF
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