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Montauban Gold-Silver Project

Project of ESGold Corp. (ESAU)

Montauban Gold-Silver Project as reported in ESGold Corp.’s news releases, read by Mining News Terminal. Each row links to its release.

Resource estimates

DateCategoryEstimateType
2023-04-14Indicated604 kt @ 0.4 g/t Au, 31.4 g/t Ag—
2023-04-14Inferred319 kt @ 0.41 g/t Au, 36.9 g/t Ag—
2023-03-02Indicated604 kt @ 0.4 g/t Au, 31.4 g/t Ag—
2023-03-02Inferred319 kt @ 0.41 g/t Au, 36.9 g/t Ag—

Economic studies

DateStudyAfter-tax NPVIRR
2025-11-10PEA, base caseCAD $24.3M (5%)—
2025-09-04PEA, US$2,900/ozCAD $24.3M (5%)60.3%
2024-08-15PEA, base caseCAD $115.0M95%
2024-08-14PEA, base caseCAD $115.0M95%
2024-08-11PEA, base caseCAD $115.0M95%
2023-04-14PEA, base caseCAD $7.0M (5%)23.4%
2023-03-02PEA, base caseCAD $7.0M (5%)23.4%

Exploration programs

DateProgramSizeMethod and metal
2026-11-03drilling, planned—diamond · gold, silver
2026-09-24drilling, underway19 holesdiamond
2026-09-24drilling, planned19 holesdiamond · gold
2026-09-15drilling, planned——
2026-09-10drilling, completed—diamond · gold
2026-09-03drilling, started29 holesdiamond
2026-09-03drilling, started29 holesdiamond · gold
2026-07-28drilling, started—gold, silver
2026-04-09geophysics, completed—gold, silver
2026-02-20drilling, planned—gold, silver
2026-02-20geophysics, completed—gold, silver
2025-07-11geophysics, completed—gold, silver
2025-04-24geophysics, completed——
2025-04-24geophysics, completed——
2025-04-24drilling, completed950 holes—
2025-04-01geophysics, completed——
2025-03-25geophysics, completed—gold, silver
2025-03-11drilling, completed——
2025-03-11drilling, completed52 holes—
2023-05-31geophysics, completed——
2023-05-31ground, completed—gold
2022-03-01drilling, started275 holessonic · gold

Mine development

DateEventStatus
2026-07-21construction progressunderway
2025-10-28construction progressunderway
2025-06-10construction progressunderway
2025-05-30first productionachieved
2025-05-06construction progressunderway

Permits

DatePermitStatusAuthority
2026-07-28Authorization of Impact-Causing Exploration WorkgrantedQuébec Ministère des Ressources naturelles et des Forêts
2026-07-21Drill permitsin review—
2026-07-21Drill permitsin review—
2026-05-26Drill permitsin review—

Land deals

DateDealStatusInterestArea
2026-07-14claim purchasesigned100%2,448 ha
2026-02-05stakingsigned100%7,668 ha
2024-05-29stakingsigned100%2,286 ha
2024-04-05stakingsigned100%7,303 ha
2023-03-08claim purchasecompleted100%2,360 ha

Royalties and streams

DateRoyaltyHolderStatus
2026-07-14otherESGoldclosed

Debt

DateTypeAmountLender
2025-10-02prepaymentCAD $9.0MOcean Partners UK Ltd
2021-11-25convertible debentureCAD $5.0M—

Sampling

DateSampleBest result
2025-04-24geophysics, geophysics—
2025-04-24geophysics, geophysics—
2023-02-22trench, rock5.45 g/t Au

NI 43-101 technical reports

DateReportAuthor
2025-02-19PEA, commissioned—
2023-04-14PEA, filedGoldMinds Geoservices
2023-03-02PEA, commissionedGoldMinds Geoservices
2023-02-13PEA, commissioned—
2022-02-08property, filedJPL GeoServices
2021-12-29PEA, commissioned—
2021-11-25resource, commissionedJPL GeoServices

News timeline

DateHeadline
2026-11-03ESGOLD SURPASSES 4,000 METRES DRILLED AT MONTAUBAN, EXPANDING DRILLING BEYOND THE HISTORIC MINE More than 80% of the planned 5,000-metre drill program completed as drilling advances into southern and deeper targets
2026-09-24ESGOLD INTERSECTS MULTIPLE SULPHIDE-BEARING INTERVALS AS MONTAUBAN DRILLING SURPASSES 2,000 METRES Approximately 400 core samples submitted for assay as ESGold advances its 5,000- metre drill program
2026-09-24Gold Mining Entering a Potentially Explosive New Phase as Gold Hovers Above $4,300/oz
2026-09-15ESGold Completes Expanded ANT Survey and 3D Geological Model, Defining a Broader Mineralizing-System Framework and New Exploration Opportunities at Montauban
2026-09-10Gold Supply Can’t Keep Pace with a Powerful New Wave of Demand
2026-09-03ESGold Commences Diamond Drilling at Its Montauban Project, Québec
2026-09-03Gold Nears a New Frontier with Miners Eyeing a Potential $1 Trillion Dollar Market
2026-07-28ESGold Receives Exploration Authorization from Québec Government and Continues to Advance its Permitted Tailings Reprocessing Project
2026-07-21ESGold Provides Major Equipment Update After Return from Technical Validation Trip in China
2026-07-21ESGold Provides Major Equipment Update as Montauban Advances Toward Commissioning Readiness
2026-07-14ESGold Executes Definitive Agreement to Acquire Strategic Montauban Claims
2026-05-26ESGold Signs Definitive Gold and Silver Dore Purchase Agreement with Ocean Partners
2026-04-09ESGold Advances Toward Production and Exploration Drilling as Mill Buildout Progresses in Parallel
2026-02-20ESGold Launches 70 km² District-Scale ANT Survey at Montauban Following 3D Model Identifying Deep, Expanding 2 km Mineralized Corridor
2026-02-05ESGold Expands Montauban Land Position Following 3D Geological Model Identifying Potential District-Scale Mineralized Corridor
2025-11-10ESGold Completes Montauban Mill Building Construction and Moves Toward Production Readiness
2025-10-28ESGold Confirms Final Processing Methodology at Montauban as Construction Nears Completion
2025-10-02ESGold Secures C$9 Million Strategic Partnership with Ocean Partners as Montauban Progress Accelerates
2025-09-04ESGold Corp. Releases Updated Preliminary Economic Assessment Demonstrating Robust Economics and Clear Path to Production at Montauban
2025-07-11ESGold Unlocks District-Scale Discovery Potential at Montauban with Geological Structures Extending to 1,200m
2025-06-10ESGold Corp. Provides Corporate Update as Construction Progresses and Key Catalysts Near
2025-05-30ESGold Launches Final Concentration Tests Ahead of First Production at Montauban
2025-05-06ESGold Corp. Issues Restricted Share Units to New Director and Provides Construction Update on Montauban Project
2025-04-24ESGold Corp. Reports Large-Scale Geophysical Anomaly in Southwest Zone of Montauban Project
2025-04-01ESGold Advances Subsurface Imaging at Montauban as ANT Survey Enters Final Phase
2025-03-25ESGold Explores Broken Hill-Montauban Analogue: Unveiling a Potential Larger Discovery
2025-03-11ESGold Highlights Significant Near-Surface Mineralization from Historical Drill Program at Montauban, Validating ANT Survey Exploration
2025-02-19ESGold Initiates Updated Preliminary Economic Assessment (PEA) to Reflect Rising Gold and Silver Prices
2024-08-15How Preliminary Economic Assessments Shape Mining Ventures
2024-08-14How Surface Mining Maximizes Precious Metal Extraction
2024-08-11Share Structure 101: Essential Knowledge for Smart Investors
2024-05-29Increase in Size of Montauban Property
2024-04-05ESGold announces that it has staked an additional 130 Mining Claims totaling 7303 hectares. T
2023-05-31ESGold provides update on the Company’s plans for the 2023 summer season.
2023-04-14PRELIMINARY ECONOMIC ASSESSMENT SHOWS A 42.6% PRE-TAX IRR, C$ 14.08M PRE-TAX NPV5% AND LESS THAN TWO YEARS PAYBACK
2023-03-08ESGold Corp. Acquires 25 Mining Claims Totalling 2,360 Hectares Significantly Increasing the Size of its Montauban Property
2023-03-02ESGOLD’s Preliminary Economic Assessment Report Confirms the Viability of the Montauban Project
2023-02-22ESGold Samples Up To 5.45 g/t Gold and Up To 709 g/t Silver on a New Tailings Stockpile at Notre-Dame-de-Montauban
2023-02-13ESGold Nearing Completion of the Montauban Preliminary Economic Assessment (“PEA”)
2022-03-01ESGOLD Starts Drill Program At Montauban
2022-02-08ESGOLD Files NI 43-101 Technical Report on its Montauban Project
2021-12-29ESGOLD Engages BBA Engineering to Conduct a Preliminary Economic Assessment at Montauban
2021-11-25ESGOLD Initiates NI 43-101 Technical Report for the Montauban Site and announces a Private Placement of Convertible Debentures for Gross Proceeds of up to $5.0 million

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