(TheNewswire)
Vancouver, BritishColumbia - TheNewswire - August 14, 2023 - ESGoldCorp. ( “ESGold” or the “Company” ) (CSE:ESAU ) ( Frankfurt:N2W ) ( OTC:SEKZF) announces it has elected toterminate the Earn-In Joint Venture Agreement signed on May 30th,2022, with Nepean Bay Joint Venture for the purpose of jointlyexploring and developing the Ottawa River Gold Project. As a resultof the agreement termination, Nepean Bay Joint Venture will retain100% ownership of its Ottawa River Gold propertyinterests.
The decision to terminate the earn-in optionjoint-venture was based on a detailed review of a positive PreliminaryEconomic Assessment report related to the Montauban project (see pressrelease dated April 13 th , 2023). ‘Considering the scope and sizeof our Montauban project, Management will focus 100% of its activitieson bringing the project into commercial production and generatingsignificant cash-flow.’ stated Mr. Jean-Yves Therien, ESGold’spresident & CEO.
To view the PEA, we invite you to visit the Company’swebsite at https://esgold.com/operations/Montauban
About the Company
ESGold Corp. is a Canadian environmentally aware resourceexploration and processing company. Management has demonstratedexpertise in advancing gold exploration projects into acquisitiontargets, most notably in the province of Quebec. ESGold’s principalrestoration and recovery project is the Montauban property situated inQuebec, just 80 kilometers west of Quebec City.
Pour une traduction française de ce communiqué de presse, veuillezvisiter notre site Web à www.esgold.ca .
For more information on ESGold Corp. please contact theCompany (+1 514-712-1532) or visit the website www.esgold.ca for past newsreleases, 3D model of the Montauban processing plant, media interviewsand opinion-editorial pieces. To keep up withwhat's going on with ESGold please join our shareholders chat room ontelegram: https://t.me/+SQeyLoDRjIAwMDVh
Onbehalf of the Board of Directors,
ESGold CORP.
“Jean Yves Therien”
Chief Executive Officer
“John Stella”
Investor contact
Tel: +1 514- 712-1532
Email: info@esgold.ca
This press release contains"forward-looking information" that is based on the Company'scurrent expectations, estimates, forecasts, and projections. This forward-looking information includes, among other things, statements with respect to the Company's exploration anddevelopment plans. The words "will","anticipated", "plans" or other similar words and phrases are intended toidentify forward-looking information. Forward-looking informationis subject to known andunknown risks, uncertainties and other factors that may cause theCompany's actual results, level of activity, performance, or achievements to be materiallydifferent from those expressed or implied by such forward looking information.
Neither theCanadian Securities Exchange nor its Regulation Services Provideraccept responsibility for the adequacy or accuracy of thisrelease.
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