Electrum Discovery Corp.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 9, 2014) - Medgold Resources Corp. (TSX VENTURE:MED), the European focused gold exploration company, is pleased to announce that it has entered into a strategic alliance agreement with Radius Gold Inc. (TSX VENTURE:RDU) whereby Radius will have the right to option one of Medgold's properties located in Portugal. As well, Radius has agreed to participate in Medgold's current [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 11, 2013) - Medgold Resources Corp. (TSX VENTURE:MED), the European focused gold exploration company, is pleased to announce that it has signed a Letter of Intent ("LOI") with Klondike Gold Corp. ("Klondike") for the acquisition of 100% of its Portuguese assets which comprise five gold exploration permits covering 600 sq km in northern Portugal, primarily located along the [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 2, 2013) - Medgold Resources Corp. (TSX VENTURE:MED) advises that its previously announced share consolidation was approved by the shareholders of the Company at the annual and special meeting held on November 27, 2013, and will take effect at market opening today. Every three previous common shares of the Company will be exchanged for one new common share of the Company [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 4, 2013) - Medgold Resources Corp. (TSX VENTURE:MED) announces that due to current market conditions, it has cancelled the private placement financing proposed in the Company's news release of September 16, 2013. Based on comments received from potential participants in the cancelled financing, Medgold's Board of Directors believes that to facilitate future equity financings [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 16, 2013) - Medgold Resources Corp. (TSX VENTURE:MED) announces that as a result of a review by the British Columbia Securities Commission, it is issuing this news release to clarify its technical disclosure. The Company previously published on its website under the "Portfolio" pages, in a corporate presentation dated September 2013 (the "Corporate Presentation"), in [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 16, 2013) - Medgold Resources Corp. (TSX VENTURE:MED) is pleased to announce that it has arranged, subject to TSX Venture Exchange approval, a non-brokered private placement financing of up to 20 million units at $0.06 per unit, for proceeds of up to $1.2 million. Each unit will consist of one common share and one-half of a warrant. Each whole warrant will entitle the holder [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 13, 2013) - Medgold Resources Corp. (TSX VENTURE:MED) announces that its Board of Directors has determined that it is in the best interests of the Company to amend the exercise price of private placement warrants issued earlier this year. Accordingly, subject to TSX Venture Exchange acceptance, the exercise price of outstanding warrants entitling the holders to purchase a [...]

VANCOUVER, CANADA--(Marketwired - Sep 9, 2013) - Medgold Resources Corp. (TSX VENTURE:MED), the European focused gold exploration company, is pleased to announce that recent sampling at its wholly-owned Boticas project has identified a significant new zone of gold mineralization called Limarinho South. Recent sampling at the new zone returned sample results from 0.05 g/t Au up to 6.55 g/t Au in 14 rock samples. Selective [...]

Medgold is pleased to announce that it has been awarded the Boticas exploration licence in northern Portugal by the Direção-Geral de Energia e Geologia (DGEG) of Portugal. Dan James, the President of the Company, commented: "We're delighted that the Boticas licence has been awarded and I would like to thank the DGEG and the Portuguese government for their continued support. We now plan to fast-track the project to [...]

Medgold Resources is pleased to report excellent first-pass sampling results from recent work at its wholly-owned Vila de Rei gold project in central Portugal. The project covers 40 line km of a regional structure which is known to contain multiple gold-bearing zones. Preliminary exploration at the Pampilhal prospect has outlined highly anomalous gold mineralisation associated with silicification over a 2.4 km by 1.3 km [...]