ESGold Accelerates Expansion Plan with Colombia Validation
ESGold (OTCQB:ESAUF / CSE:ESAU) mobilized geological and engineering teams to Colombia to validate high-grade tailings and exploration upside at the Planta Magdalena project following an MOU dated August 20, 2025. Bulk samples from Colombia and Quebec were shipped to ALS Global in Val-d'Or for independent metallurgical testing; on-site testing will finalize processing and recovery parameters. The company says it remains fully funded, continues Montauban construction targeting first production in 2026, and may convert the MOU into a definitive joint venture pending due diligence and lab results.
ESGold (OTCQB:ESAUF / CSE:ESAU) ha mobilitato team geologici e ingegneristici in Colombia per convalidare i tailings ad alto grado e il potenziale di esplorazione presso il progetto Planta Magdalena, a seguito di un MOU datato 20 agosto 2025. Campioni in bulk provenienti dalla Colombia e dal Quebec sono stati spediti a ALS Global in Val-d'Or per test metallurgici indipendenti; i test sul posto formeranno i parametri di lavorazione e recupero. L'azienda afferma di essere completamente finanziata, prosegue la costruzione a Montauban mirando alla prima produzione nel 2026, e potrebbe convertire l'MOU in una joint venture definitiva in attesa di due diligence e dei risultati di laboratorio.
ESGold (OTCQB:ESAUF / CSE:ESAU) movilizó equipos geológicos y de ingeniería a Colombia para validar los relaves de alto grado y el potencial de exploración en el proyecto Planta Magdalena tras un MOU con fecha del 20 de agosto de 2025. Muestras a granel de Colombia y Quebec fueron enviadas a ALS Global en Val-d'Or para pruebas metalúrgicas independientes; las pruebas in situ finalizarán los parámetros de procesamiento y recuperación. La compañía dice que sigue completamente financiada, continúa la construcción en Montauban con miras a la primera producción en 2026, y podría convertir el MOU en una sociedad conjunta definitiva sujeta a la debida diligencia y a los resultados de laboratorio.
ESGold (OTCQB:ESAUF / CSE:ESAU) 는 Planta Magdalena 프로젝트의 고급 타일링 잔류물과 탐사 상승 가능성을 검증하기 위해 2025년 8월 20일자로 된 양해각서(MOU) 이후 콜롬비아로 지질 및 공학 팀을 동원했습니다. 콜롬비아 및 퀘벡에서 나온 대용량 샘플은 독립적인 광물해석 시험을 위해 Val-d'Or의 ALS Global로 발송되었고 현장 시험은 가공 및 회수 매개 변수를 확정할 것입니다. 회사는 여전히 완전한 자금 조달을 받고 있으며 몬토보앙 건설을 계속 진행 중이며 2026년 첫 생산을 목표로 하고 있으며 실사 및 실험실 결과에 따라 MOU를 확정적인 합작법인으로 전환할 수 있다고 말합니다.
ESGold (OTCQB:ESAUF / CSE:ESAU) a mobilisé des équipes géologiques et d'ingénierie en Colombie pour valider les résidus miniers à haute teneur et le potentiel d'exploration du projet Planta Magdalena après un MOU daté du 20 août 2025. Des échantillons en vrac provenant de la Colombie et du Québec ont été expédiés à ALS Global à Val-d’Or pour des tests métallurgiques indépendants ; les essais sur site finaliseront les paramètres de traitement et de récupération. L'entreprise affirme être entièrement financée, poursuit la construction de Montauban en visant une première production en 2026, et pourrait convertir le MOU en une coentreprise définitive sous réserve de la diligence raisonnable et des résultats du laboratoire.
ESGold (OTCQB:ESAUF / CSE:ESAU) hat geologische und ingenieurtechnische Teams nach Kolumbien mobilisiert, um hochgradige Tailings und das Explorationspotenzial des Planta Magdalena-Projekts nach einem am 20. August 2025 datierten MOU zu validieren. Grobe Proben aus Kolumbien und Quebec wurden zur unabhängigen metallurgischen Prüfung an ALS Global in Val-d’Or gesendet; Vor-Ort-Tests werden die Verarbeitung und die Ausbeuteparameter finalisieren. Das Unternehmen gibt an, vollständig finanziert zu sein, setzt den Bau in Montauban fort, mit dem Ziel der ersten Produktion im Jahr 2026, und könnte das MOU in eine endgültige Joint Venture-Konvention umwandeln, vorbehaltlich der Due-Diligence-Prüfung und der Laborergebnisse.
ESGold (OTCQB:ESAUF / CSE:ESAU) جندت فرقاً جيولوجية وهندسية إلى كولومبيا للتحقق من المخلفات عالية الدرجة وفرص الاستكشاف في مشروع Planta Magdalena بعد مذكرة تفاهم بتاريخ 20 أغسطس 2025. تم شحن عينات كبيرة من كولومبيا وكيبيك إلى ALS Global في فالدور لاختبارات معدنية مستقلة؛ ستنهّي الاختبارات الميدانية معايير المعالجة والتعافي. تقول الشركة إنها لا تزال ممولة بالكامل، وتواصل أعمال البناء في مونتوابان باستهداف الإنتاج الأول في 2026، وربما تحويل مذكرة التفاهم إلى مشروع مشترك نهائي رهن إجراء العناية الواجبة ونتائج المختبر.
ESGold (OTCQB:ESAUF / CSE:ESAU) 已调动地质与工程团队前往哥伦比亚，在 Planta Magdalena 项目上验证高品位尾矿及勘探潜力，时间是在2025年8月20日签署的谅解备忘录（MOU）之后。来自哥伦比亚和魁北克的散装样品已运往 Val-d'Or 的 ALS Global 进行独立冶金测试；现场测试将最终确定加工与回收参数。公司表示资金充足，继续在蒙托博昂进行施工，目标是在2026年实现首批产出，并可能在尽调和实验室结果的基础上将 MOU 转化为正式的合资企业。
- Field team mobilized to Planta Magdalena for on-site validation
- Bulk samples from Colombia and Quebec shipped to ALS Global
- Company states it is fully funded to complete current initiatives
- Continued Montauban construction targeting first production in 2026
- Metallurgical and recovery results are pending from ALS Global
- MOU remains non-binding pending technical and commercial due diligence
- No mineral resources or reserves declared in this release
Geological and engineering team mobilized to confirm high-grade tailings and exploration upside in Bolivar, bulk sample testing underway as Company positions for multi-jurisdictional growth.
VANCOUVER, BC, BC / ACCESS Newswire / October 8, 2025 / ESGold Corp. ("ESGold" or the "Company") (CSE:ESAU)(OTCQB:ESAUF)(FSE:Z7D) is pleased to announce that its geological and engineering team has departed for Colombia to begin on-the-ground validation and due diligence at the Planta Magdalena Project. The field program follows the recently signed Memorandum of Understanding ("MOU") announced on August 20, 2025, and represents the next step in confirming the site's high-grade tailings potential and broader exploration upside in the Bolívar region.
This visit underscores ESGold's commitment to disciplined technical validation before advancing any transaction and aligns with its strategy of building a scalable, cash-flow-first clean mining platform across the Americas.
Validation and Technical Program Objectives
The Company's field team, which includes both geological and metallurgical specialists, will focus on:
Confirming historic tailings grades and verifying the estimated tonnage and composition of material at the Planta Magdalena site.
Evaluating site infrastructure and logistics to determine throughput potential and integration within ESGold's processing and clean-mining model.
Reviewing exploration upside within the surrounding Bolívar concession area, where historical reports indicate multiple mineralized zones and extensive artisanal workings.
Finalizing technical due diligence to support the potential transition of the MOU into a definitive joint-venture agreement.
Bulk Samples and Metallurgical Testing
ESGold also confirms that bulk samples from both Colombia and Quebec have been shipped to ALS Global in Val-d'Or for independent metallurgical analysis. On-site geological and metallurgical work will also be conducted to finalize the processing circuit and recovery parameters in preparation for site commissioning.
Results are expected shortly and will play a key role in confirming gold and silver recoveries under ESGold's proprietary clean-processing framework.
Gordon Robb, CEO of ESGold, commented:
"With our technical team now on the ground in Colombia, we're moving from intent to execution. This is the critical phase where we validate the data firsthand. From confirming grades and metallurgy to evaluating site infrastructure and broader geological potential. We're also eagerly awaiting lab results confirming concentrate results for both Colombia and Quebec samples, which will help verify the metallurgy behind our clean-processing model. This marks an exciting step forward in ESGold's strategy to build a scalable, multi-jurisdictional platform for responsible gold and silver production."
Why This Matters to Investors
Next step toward expansion: On-site validation at Planta Magdalena advances the MOU announced this past August toward a definitive partnership.
Tangible progress: Bulk samples from Colombia and Quebec are in the lab, with results pending to verify recoveries and support near-term production readiness.
Exploration upside: Field teams will also assess the potential for district-scale mineralization within the broader Bolívar region.
Execution without dilution: ESGold remains fully funded to complete these initiatives while continuing construction at Montauban, targeting first production in 2026.
The Colombia validation program represents a major point in the Company's evolution into a diversified, cash-flow-generating precious metals company. By combining clean reprocessing of legacy materials with systematic exploration of under-tested districts, the Company continues to advance a model built on efficiency, scalability, and shareholder value. Updates on fieldwork progress and metallurgical results from both jurisdictions will be shared as data becomes available.
Qualified Person Statement
The technical content of this news release has been reviewed and approved by André Gauthier, P.Geo., a Director of ESGold and a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Sampling described herein was conducted for due-diligence screening; independent verification, QA/QC, and systematic work remain outstanding. No mineral resources or reserves are declared.
About ESGold Corp.
ESGold Corp. (CSE:ESAU)(OTCQB:ESAUF)(FSE:Z7D) is a fully permitted, fully funded, pre-production mining company advancing a scalable clean mining model across North and South America. The Company's flagship Montauban Gold-Silver Project in Quebec is under construction with production anticipated in 2026. ESGold is also advancing a joint venture in Colombia, validating one of South America's most prolific gold regions for tailings reprocessing and systematic exploration. With a dual-track strategy of cash flow today and discovery tomorrow, ESGold is building a platform for clean, sustainable growth and long-term shareholder value.
For more information, please contact ESGold Corp. at +1-888-370-1059 or visit esgold.com for additional resources, including a French version of this press release, past news releases, a 3D model of the Montauban processing plant, media interviews, and opinion-editorial pieces.
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For further information or to connect directly, please reach out to Gordon Robb, CEO of ESGold Corp. at gordon@esgold.com or call 250-217-2321.
On behalf of the Board of Directors
ESGold Corp.
Paul Mastantuono
Chairman & COO
info@esgold.com
+1-888-370-1059
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws, including statements regarding exploration activities, technical validation, project development timelines, and potential outcomes of the Company's Colombia initiative. Forward-looking information is based on reasonable assumptions believed to be current but involves known and unknown risks and uncertainties that may cause actual results to differ materially. Historical data referenced herein is not current, has not been independently verified by ESGold, and should not be relied upon for investment decisions. ESGold disclaims any obligation to update or revise forward-looking information except as required by law.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release
SOURCE: ESGold Corp
View the original press release on ACCESS Newswire
FAQ
What is ESGold announcing about Planta Magdalena (ESAUF) on October 8, 2025?
Where were ESGold's bulk samples from Colombia and Quebec sent for testing?
Does the August 20, 2025 MOU for Planta Magdalena mean a finalized deal for ESAUF?
How will the Colombia validation affect ESGold's production timeline for ESAUF?
Has ESGold declared mineral resources or reserves for Planta Magdalena (ESAUF)?
