Electrum Discovery Corp.

Electrum Discovery Corp. is pleased to provide a corporate update and further plans for its exploration activities at its Timok East copper-gold project in Serbia. Exploration at Timok East has successfully defined high priority drill targets using a combination of surface geochemical sampling, mapping and trenching. The next phases of exploration will aim to further define and test these targets at depth using a [...]

Electrum Discovery Corp. is pleased to announce results from its 300 meter trench sampling program at its Timok East copper-gold project in Serbia. Highlights: Trenching exposes consistent copper bearing leached hydrothermal stockwork across Bambino Central. Trench sampling returns highlights of 133.5 meters averaging 0.43% Cu and 6.9 g/t Ag, along strike, including a higher-grade interval of 64.5 meters at 0.76% Cu and [...]

Electrum Discovery Corp. is pleased to announce that it has retained DS Market Solutions Inc. to provide market making services in accordance with TSXV policies and subject to the approval of the TSXV. Pursuant to the agreement, DS Market Solutions will provide the Company with liquidity services in compliance with the provisions of TSXV Policy 3.4 with the objective of enhancing market depth and increasing liquidity of [...]

Electrum Discovery Corp. is pleased to announce results from rock-chip sampling carried across various targets at its Timok East copper-gold project in the Republic of Serbia. The results have confirmed significant strike extensions of the Bambino copper-gold anomaly and identified a potentially over-printing gold system. The property adjoins Zijin Mining Bor Copper-Gold Mining Complex and is just 4km east from the Veliki [...]

Electrum Discovery Corp. is pleased to announce that it has closed the final tranche of its oversubscribed non-brokered private placement of units at a price of $0.07 per Unit announced on September 23, 2024 and upsized on October 2, 2024. The Company sold 21,987,570 Units in the Final Tranche to raise gross proceeds of $1,532,830. In total, the Company has issued 32,597,854 Units for gross proceeds of $2,281,850 with [...]

Electrum Discovery Corp. is pleased to announce that, further to its news release of September, 23rd, 2024, it has closed the first tranche of its non-brokered private placement of 10,700,284 units at a price of $0.07 per Unit to raise gross proceeds of $749,020. Furthermore, due to strong investor demand, it has upsized the Private Placement to up to $2,100,000, comprised of the sale of up to 30,000,000 Units. Each Unit [...]

Electrum Discovery Corp. is pleased to announce a non-brokered private placement of up to 21,428,571 units of the Company , at a price of $0.07 per Unit , to raise aggregate gross proceeds of up to approximately $1.5 million. Each Unit will comprise one common share of the Company and one common share purchase warrant . Each Warrant will entitle the holder thereof to acquire one Common Share at a price of $0.15 for a [...]

Electrum Discovery Corp. is pleased to announce the results of geological mapping, and the commencing of trenching at its Timok East copper-gold project in the Republic of Serbia. The project adjoins the Zijin's Bor copper-gold mining complex. Exploration in the region has recently increased significantly as a result of new investment and expansion of the +1 billion tonne mine, and several new discoveries in the district [...]

Electrum Discovery is pleased to announce the results of the Company’s Annual General Meeting held on August 8, 2024. A total of 11,847,794 common shares were voted at the Meeting representing approximately 18.71% of the total issued and outstanding common shares of the Company. Shareholders voted to approve all matters brought before the Meeting, including the election of all director nominees, the appointment of Smythe [...]

Electrum Discovery is pleased to announce the results from recent rock chip sampling and remote sensing mapping at its Timok East copper-gold project. Copper and gold in soil is now correlated with known copper-gold mineralization in a regional setting and with neighboring large-scale copper-gold mines. Rock-chip sampling confirms significant copper-gold mineralization at Bambino with assays including 1.85% Cu and 1.27 [...]