ESGold Corp. Appoints Peter Espig to Board as Company Advances Montauban Gold-Silver Project

ESGold Corp., a Vancouver-based gold and silver resource developer, has strengthened its leadership team by appointing Peter Espig to its Board of Directors. The strategic appointment comes as the company prepares to launch production at its Montauban Gold-Silver Project in Quebec, a legacy mine restoration initiative designed to generate revenue while improving environmental conditions. This timing is crucial as the company transitions from exploration to active production, requiring experienced leadership to navigate the complex operational and financial challenges ahead.

Espig brings significant expertise to the board, having previously helped transform Nicola Mining from a creditor-protected entity to a cash-flowing enterprise. His extensive background in junior mining and global investment banking positions ESGold to navigate the complex transition from exploration to production. This experience is particularly valuable given the capital-intensive nature of mining operations and the need for strategic financial management during the production ramp-up phase. The appointment signals ESGold's commitment to building a leadership team capable of executing its ambitious growth strategy while maintaining financial discipline.

The Montauban project encompasses 265 mining claims spanning 13,116 hectares (approximately 32,410 acres), featuring tailings suitable for reclamation efforts. The company will simultaneously conduct its first systematic exploration program to assess the remaining deposit's potential. This dual approach of production and continued exploration represents a strategic advantage, allowing the company to generate immediate revenue while continuing to expand its resource base for long-term growth. The scale of the project and its reclamation focus position ESGold at the forefront of sustainable mining practices in Quebec's resource sector.

ESGold's innovative approach focuses on clean extraction methods that convert historically underutilized mine sites into productive assets. By prioritizing environmental restoration alongside economic development, the company aims to set a new standard in responsible resource development. This methodology addresses growing investor and regulatory concerns about mining's environmental impact while creating value from previously neglected resources. The company's commitment to environmental stewardship could establish a replicable model for other mining companies facing similar sustainability challenges.

The addition of Espig to the board underscores ESGold's commitment to strategic growth and sustainable mining practices. As the company advances toward production, his expertise will be crucial in guiding its operational and strategic initiatives. This leadership enhancement comes at a pivotal moment for ESGold, providing the governance strength needed to capitalize on the Montauban project's potential while maintaining focus on environmental responsibility and long-term value creation for stakeholders.