ESGold Corp Secures Full Funding for Montauban Gold-Silver Production While Pursuing Discovery Opportunities

ESGold Corp (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D) has positioned itself for transformative growth following the successful closure of two major funding rounds totaling C$11.45 million, providing complete financing for the advancement of its Montauban facility toward near-term gold and silver production. The company, which operates as a fully permitted pre-production resource company with expertise in Quebec mining operations, now stands at a critical juncture where it can simultaneously build cash flow while unlocking long-term discovery potential across its entire mineral property portfolio.

The funding structure included a C$3.45 million financing round closed in April, supplemented by a C$8 million brokered life offering specifically designated for advancing the Montauban project. According to CEO Gordon Robb, this comprehensive financial backing means ESGold is now fully financed to complete development at Montauban, presenting the company with a significant opportunity to unlock long-term value from this facility while supporting the pursuit of promising discovery opportunities in future exploration phases.

The Montauban property, located 80 kilometers west of Quebec City, serves as ESGold's flagship operation and represents a model for responsible mining practices that combine near-term production capabilities with district-scale discovery potential. As a pre-production stage company committed to the acquisition, exploration, and development of high-quality mineral properties worldwide, ESGold emphasizes its position at the forefront of clean mining and exploration innovation. The company's approach focuses on sustainable resource recovery and exploration methodologies that deliver long-term value while minimizing environmental impact.

This development comes at a time when the global mining sector faces increasing pressure to demonstrate both financial viability and environmental responsibility. ESGold's successful funding rounds indicate strong investor confidence in the company's ability to navigate these dual challenges while advancing toward production. The complete financing eliminates near-term capital constraints that often hinder pre-production mining companies, allowing ESGold to focus exclusively on operational execution and exploration activities.

The implications of ESGold's fully funded status extend beyond immediate production timelines. With financial stability secured, the company can now pursue additional discovery opportunities across its portfolio without the distraction of continuous capital raising efforts. This positions ESGold to potentially identify and develop new mineral resources while maintaining momentum at Montauban, creating multiple pathways for value creation. Additional information about ESGold's developments is available in the company's newsroom at https://ibn.fm/ESAUF.

For the mining industry and investors, ESGold's progression toward production at Montauban represents a case study in strategic capital allocation and project advancement. The company's ability to secure complete funding during the pre-production phase demonstrates the market's recognition of both the technical merits of the Montauban project and management's execution capabilities. As gold and silver markets continue to show volatility amid global economic uncertainty, the addition of new production capacity from responsibly managed operations like Montauban could contribute to supply stability while meeting evolving environmental standards.