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Keep up to date with the latest announcements. If you have any questions, contact our Investor Relations team.

VANCOUVER, BRITISH COLUMBIA – October 29, 2024 – ESGold Corp. (“ESGold” or
the “Company”) (CSE: ESAU, Frankfurt: Z7D, OTC: SEKZF) today announced the launch of
a targeted awareness campaign, discussions with potential financing partners to support final
construction at the Montauban Mine, and an anticipated production start for gold and silver by Q2
2025. The Company has also applied for an OTCQB Market listing in the U.S., which will enable
greater market access and visibility for ESGold’s investor base.

At the recent 1-2-1 Mining Show in New York, ESGold President Brad Kitchen connected with
several prospective partners, reinforcing ESGold's commitment to strategic growth and creating
long-term value for shareholders.

Key Highlights:

Financing Options: ESGold is actively engaging with parties interested in non-dilutive financing
solutions, including Gold Loans, Net Smelter Royalties (NSRs), and streaming agreements to fund
construction without shareholder dilution.

Production Timeline: Montauban Mine Site is scheduled for construction of its processing plant in
November, with gold and silver production on track for Q2 2025.

OTCQB Uplisting: ESGold’s OTCQB application is expected to enhance liquidity, visibility, and
facilitate broker recommendations, providing broader market access in the U.S.

ESGold is in discussions with several potential financing partners to fund Montauban Mine
construction in a non-dilutive manner, underscoring its commitment to preserving shareholder
value. Potential financing solutions include Gold Loans, Net Smelter Royalties (NSRs), and
resource streaming agreements, each strategically designed to secure essential capital for project
completion while minimizing or avoiding equity dilution. These financing options align with
ESGold’s objective to transition to production while maximizing shareholder returns, positioning
the Company to capitalize on the rising value of Montauban’s tailings resource as gold and silver
prices increase.

The Montauban Mine Site is moving toward a key milestone as construction of the processing
facility is set to commence in November, with gold and silver production targeted for Q2 2025.

ESGold’s near-term production timeline emphasizes swift progression from development to
revenue generation, enabling the Company to fund further exploration of Montauban’s massive
sulphide deposit. This timeline reflects ESGold’s strategic commitment to operational efficiency
and growth as it seeks to become a reliable producer in the precious metals market.
ESGold’s OTCQB application represents an important step in expanding its investor footprint in
the United States. By obtaining “Blue Sky status,” the listing will grant ESGold trading exemptions
in 33 states and make the Company eligible for broker recommendations, anticipated to improve
liquidity and attract U.S. investor interest. The OTCQB uplisting supports ESGold’s objective to
build a broader and more diverse shareholder base and aligns with its vision of becoming a well-
recognized player in the resource industry.

“We are thrilled with the substantial visibility our new marketing initiatives have brought to
ESGold, drawing significant new attention to our growth potential,” said Brad Kitchen, President of
ESGold Corp. “Through active financing discussions, a clear production timeline, and the
anticipated OTCQB listing, ESGold is strategically positioned to unlock value for shareholders as
we advance toward production. We remain focused on disciplined, responsible growth, and
operational readiness to achieve near-term production at Montauban.”

Pour une traduction française de ce communiqué de presse, veuillez visiter notre site Web à
www.esgold.com.

About ESGold Corp.

ESGold Corp. is a resource exploration and processing company focused on environmentally
responsible development. With proven expertise in Quebec, the company is advancing its
exploration projects toward feasibility and production, aiming to generate long-term value through
sustainable resource recovery. ESGold’s flagship Montauban property, located 80 kilometers west
of Quebec City, exemplifies its commitment to sustainability and responsible resource
management, positioning it as a forward-thinking leader in the sector as it prepares for future
production phases.

For more information on ESGold Corp. please contact the Company (+1 514-712-1532) or visit the
website www.esgold.com for the French version of this press release, for past news releases, 3D
model of the Montauban processing plant, media interviews and opinion-editorial pieces. To keep
up with what's going on with ESGold please join our shareholders chat room on
telegram :https://t.me/+SQeyLoDRjIAwMDVh

On behalf of the Board of Directors,
ESGold Corp.
“Paul Mastantuono”
Chief Executive Officer
Tel: +1 514-712-1532
Email: info@esgold.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider accept responsibility for the adequacy or accuracy of this release.

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