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. 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.

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. 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.

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 appointment signals ESGold's readiness to execute its dual mission of economic development and environmental improvement at the Montauban site. The project represents a modern approach to mining that balances resource extraction with ecological responsibility, potentially serving as a model for similar operations throughout the mining industry.

Espig's track record with Nicola Mining demonstrates his ability to guide mining companies through critical transitions, particularly the challenging shift from exploration to production phases. His experience in both junior mining and global investment banking provides ESGold with valuable insights into capital markets, operational efficiency, and strategic partnerships. The timing of this appointment coincides with ESGold's preparation for production launch, suggesting the company is positioning itself for successful project execution and potential expansion.

The Montauban Gold-Silver Project's focus on legacy mine restoration represents an emerging trend in the mining sector that addresses both economic and environmental concerns. By reclaiming tailings and implementing clean extraction methods, ESGold aims to demonstrate that resource development and environmental stewardship can coexist. This approach could have broader implications for the mining industry's social license to operate and its relationship with local communities and regulatory bodies.