ESGold's Drilling at Montauban Project in Quebec Continues to Intersect Mineralization

11:16 AM EDT, 09/24/2026 (MT Newswires) -- ESGold (ESAU.CN) said on Thursday that drilling at the Montauban Project in Quebec is intersecting mineralization. The company has so far drilled 19 holes totaling 2,030 meters, which it said was a milestone in its 2026 exploration program. Drilling intersected alteration, quartz-carbonate veining and sulphide-bearing intervals. About 400 core samples have now been submitted for testing, with assay results pending, a statement said. "Passing 2,000 metres is an important milestone in our 5,000-metre program, but what is particularly encouraging for us is what we continue to see in the core," said ESGold Chief Executive Officer Gordon Robb. "We are repeatedly encountering alteration, quartz-carbonate veining and sulphide-bearing intervals within the geological environment associated with the historic Montauban mineralized system," he added. ESGold shares were last seen up CA$0.01 at CA$0.51 on the Canadian Securities Exchange.