VANCOUVER, BRITISH COLUMBIA – February 7, 2022 – ESGOLD Metals Corp. (“ESGOLD” or the “Company”) (CSE: SEK, USA: SEKZF, FSE: N4UP) has filed an independent technical report (the “Technical Report” or “Report”) on the Montauban Gold and Silver Processing site located in the Montauban Mine Property, Quebec (the “Project”). John Langton, M.Sc., P. Geo of JPL GeoServices Inc. prepared the Report in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects and is titled ” National Instrument 43-101 Technical Report – Montauban Tailings Project NTS 31I/16 and 31I/09”

“The Technical Report is an excellent tool to support the development of the recently commissioned Preliminary Economic Assessment (the ”PEA”) which will not only outline the economics of the entire Montauban Project but assist in the actual logistics with regards to the processing of the tailings,” stated Brad Kitchen, President and CEO of ESGOLD.

The Report summarizes the Project’s location, geological setting, mineralization, and recommendation for future work. This document is also a critical summary of all historic work and results for exploration and operations on the site beginning in 1910 and continuing to today.  This alone provides the information to support the decision by ESGOLD to enter into production as quickly as possible.  A copy of the Technical Report is available on SEDAR www.sedar.com under the Company’s profile or on our website at https://esgold.com.

The management of ESGOLD is pleased to be able to consistently report the strides the Company is taking to prepare both the asset and the facility towards the commencement of operations at Montauban.

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

 

About the Company

ESGOLD Metals Corp. is a Canadian environmentally aware resource exploration and processing company. Management has demonstrated expertise in advancing gold exploration projects into acquisition targets, most notably in the province of Quebec. ESGOLD’s principal restoration and recovery project is the Montauban property situated in Quebec, just 80 kilometers west of Quebec City. The Company is proposing to commence operations in 2022. The Company’s main exploration focus is its 100% ownership of the Eagle River project, which is adjacent to and on-trend to several gold projects in the Windfall Lake district of Urban Barry in Quebec. ESGOLD will use its expertise in early-stage exploration to create shareholder value by attempting to prove out the resource in these assets.

 

For more information on ESGOLD Metals Corp. please contact info@esgold.com, Tel: +1 604-803-5229 or visit the website at https://esgold.com for the French version of this news release, past news releases, 3D model of the Montauban processing plant, media interviews and opinion-editorial pieces by CEO and Chairman Brad Kitchen.

 

On Behalf of the Board of Directors, ESGOLD METALS CORP.

“Brad Kitchen”

Chairman, CEO, and Director

Tel: +1 604-803-5229

Email: info@esgold.com

This press release contains “forward-looking information” that is based on the Company’s current expectations, estimates, forecasts, and projections. This forward-looking information includes, among other things, statements with respect to the Company’s exploration and development plans. The words “will”, “anticipated”, “plans” or other similar words and phrases are intended to identify forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward looking information.

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