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VANCOUVER, British Columbia, Sept. 03, 2026 (GLOBE NEWSWIRE) — ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D) (the “Company” or “ESGold”) is pleased to announce the commencement of its 2026 surface diamond drilling program at the Company’s Montauban Project, located approximately 120 kilometres west of Québec City, Québec.
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The commencement of drilling marks an important milestone in ESGold’s systematic evaluation of the broader geological and exploration potential of the Montauban property.
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The current program consists of approximately 5,000 metres of surface diamond drilling across 29 proposed drill holes, with a principal focus on the historic Montauban mine area.
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Forage Lamontagne has been selected as the drilling contractor for the program.
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The drilling campaign will be conducted under the geological supervision of Merouane Rachidi, P.Geo., Ph.D., of GoldMinds Geoservices, who prepared the current drilling program and will oversee all geological aspects of the campaign, including drill-hole implementation, core logging, sampling and geological interpretation.
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The initial drilling program was designed using extensive historical drilling and geological data from the Montauban mine area. The proposed holes are generally oriented east-west and positioned to test mineralized zones and the continuity of the geological structures interpreted from previous work.
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Image: Drilling contractor and drill rig
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Principal Objectives of The Drill Program
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- Validate mineralization within areas previously identified as mineralized
- Test continuity between historical drill holes and mineralized panels
- Investigate potential extensions of mineralization into areas that remain insufficiently tested.
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This drilling program is designed not only to test individual mineralized intervals, but also to strengthen ESGold’s understanding of the geological architecture and controls on mineralization within the historic Montauban mine area. It will also test and validate mineralization documented through historical drilling and referenced in previous technical reports and historical estimates. By generating modern geological, analytical and QA/QC data, the program may help the Company evaluate this historical information and determine what additional work is required to support a current mineral resource estimate in accordance with NI 43-101.
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The historical estimates should not be treated as current mineral resources or mineral reserves, and a Qualified Person has not completed sufficient work to classify them as current mineral resources or mineral reserves.
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Image: Core samples from the Montauban mine property
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Building a More Comprehensive Geological Model
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ESGold is undertaking the drilling program as part of a broader effort to integrate the significant amount of historical geological, drilling and geophysical information available for Montauban with the Company’s recent exploration work.