ESGold Corp. Secures C$9 Million Strategic Partnership with Ocean Partners to Advance Montauban Project

ESGold Corp. has entered into a C$9 million binding term sheet with Ocean Partners UK Ltd., significantly strengthening the development-stage company's financial position as it advances exploration on its Montauban Gold-Silver Project in Quebec. The strategic partnership provides ESGold with enhanced financial flexibility while creating a stable, long-term sales channel for all gold and silver doré produced at the facility.

The funding arrangement will be drawn in two tranches of C$3 million and C$6 million respectively, both dependent on anticipated Phase 1 and Phase 2 production milestones at the Montauban facility. This structured approach ensures that capital deployment aligns with project progress while minimizing financial risk for both parties involved in the partnership.

This financing validation comes at a critical juncture for ESGold, reinforcing the company's strategy of advancing permitted, low-capex projects designed to generate high-margin returns while minimizing shareholder dilution. The agreement with Ocean Partners creates certainty around revenue realization and strengthens the economic foundation of the Montauban project, which has already seen over C$15 million invested in infrastructure development.

The Montauban project represents a significant opportunity for ESGold, combining immediate revenue potential with transformational exploration upside. Located just 80 kilometers west of Quebec City, the facility benefits from a rich mining history dating back to the early 1900s, providing established infrastructure and geological understanding that supports development efficiency.

The partnership with Ocean Partners represents more than just financial backing—it provides ESGold with industry expertise and market access through a recognized player in the mining sector. This collaboration ensures that ESGold can focus on operational execution while leveraging Ocean Partners' experience in mineral trading and project development. The arrangement validates ESGold's approach to project selection and development methodology in a challenging market environment for junior mining companies.

For investors and stakeholders, this announcement signals ESGold's ability to secure strategic partnerships that support long-term project development without excessive dilution. The company's focus on permitted projects with established infrastructure positions it well for efficient capital deployment and timely production milestones. As ESGold continues to advance the Montauban project, this partnership provides the financial stability needed to navigate development phases while maintaining operational flexibility.