ESGold Corp. Retracts Non-Compliant Reporting Following BCSC Review
VANCOUVER, BC -- February 12, 2025 -- NewsGenie -- ESGold Corp. has retracted certain disclosures from a November 12, 2024, news release concerning updates to its April 2023 Preliminary Economic Assessment (PEA). The British Columbia Securities Commission (BCSC) reviewed the company and determined the updates were not supported by a NI 43-101 Technical Report.
ESGold clarified that it did not issue a new PEA report but addressed shareholder questions about the resource market's impact on the historic PEA. The company acknowledged that this could have been misinterpreted without an updated NI 43-101 Technical Report. Consequently, ESGold removed the presentation from its website and retracted the non-compliant disclosure, advising investors not to rely on the information.
The company has commissioned an updated PEA reflecting current market conditions and will post an amended investor presentation to correct all non-compliant disclosures upon refiling the Report.
Andre Gauthier, a Qualified Person under NI 43-101, has reviewed and approved the technical information in this release.
ESGold Corp. is a fully permitted, pre-production resource company focused on clean mining and exploration innovation in Quebec. Its flagship Montauban property serves as a model for responsible mining practices.
For further details, contact ESGold Corp. at +1-888-673-1231 or visit esgold.com.