Electrum Discover is pleased to announce significant extensions of previously outlined copper-gold soil anomaly at Timok East, named Bambino. Large scale copper deposits, especially with a gold credit have come into focus as the price of copper, essential for electrification and gold have both increased in price recently. Large scale deposits are increasingly more difficult to find and districts with large mines are [...]
Electrum Discovery is pleased to announce additional copper-gold anomalies on its Timok East Project. Newly defined anomalies located two kilometres along structure and within the same units as the previously announced Bambino anomaly. Several kilometres of on-structure strike between anomalies remain unexplored and sampling is ongoing. Soil samples were collected over a 200 x 200-meter grid, infilling areas of anomalism [...]
Electrum Discovery is pleased to announce the appointment of Jake Garland as Senior Exploration Geologist and Janet O’Donnell as Corporate Secretary, each effective immediately, as well as the launch of its new website and social media channels. "We are delighted that Jake and Janet have joined our team”, said Dr Elena Clarici, President & CEO of Electrum Discovery Corp. "They both bring a passion, skill and [...]
Electrum Discovery is pleased to provide an update on its exploration activities. Initial assay results from the Company’s Timok East Project have identified a significant copper-gold anomaly in soils, located five kilometres east of Zijin Mining’s Veliki Krivelj copper-gold porphyry mine, on the Western Tethyan Belt. The anomaly, named ‘Bambino’, measures up to 550 m in length and over 100 meters in width and remains [...]
Electrum Discovery is pleased to provide an update on its exploration and corporate activities. With an extensive, highly prospective property portfolio in eastern Europe, Electrum intends to solidify its position as a leading European Cu-Au exploration company. Current exploration program focused on testing historic copper anomalism in soils at the Timok East Project, which shows a strong spatial correlation with [...]
Electrum Discovery announces that it has engaged Venture Liquidity Providers Inc. and CM-Equity to provide investor relations, market-making and liquidity services. In accordance with the requirements of Policy 3.4 - Investor Relations, Promotional and Market-Making Activities of the TSXV Electrum provides further information regarding the service providers below. The Company has exploration projects in Europe, on the [...]
Electrum Discovery is pleased to announce the appointment of Mr. R. Michael Jones, to the Company’s Board of Directors. Mr. Jones is an experienced executive and director, with a history of finding, developing, permitting, and adding significant value to mining companies. He has taken multiple large mines, with values of up to $1 billion, from the discovery stages, through to feasibility studies and construction [...]
Electrum Discoveryis pleased to announce the closing of its previously-announced transaction resulting in the reverse takeover of Medgold by Balkan Metals, along with completion of a concurrent non-brokered private placement, a 16-1 share consolidation and name change. As a result of the Transaction, Electrum now holds a portfolio of exploration licences in Serbia covering close to 1,000 square kilometres, making Electrum [...]
Medgold Resources is pleased to provide an update on its proposed acquisition of Balkan Metals some of which are contiguous to Medgold's existing Serbian exploration permits. With mineral rights covering close to 1,000 square kilometres, the resulting company ) will be the largest holder of highly prospective exploration ground in the Republic of Serbia. The Company announces that the previously announced subscription [...]
Medgold Resources is pleased to provide an update on its proposed acquisition of Balkan Metals. With mineral rights covering close to 1,000 km2, the resulting company will be the largest holder of highly prospective exploration ground in Serbia. Subsequent to receiving shareholder approval, the TSXV has granted Medgold a 90 day extension of the deadline to close the Acquisition. In addition, Medgold announces that, as of [...]
The Directors and management of Medgold Resources are saddened to report the sudden and untimely passing of David Hall, a founder and director of Medgold, in London, England. Ralph Rushton, Director, said: "David was a true friend, enthusiastic colleague and mentor to many geologists in the industry including me. His energy in the field was infectious and everyone who knew him or worked with him has likely spent hours [...]
Medgold Resources reports on the status of its proposed acquisition of Balkan Metals, a private BC company which holds a portfolio of exploration licenses in Serbia, some of which are contiguous to Medgold's existing Serbian exploration permits. With mineral rights covering close to 1,000 square kilometers, the resulting company will be the largest holder of highly prospective exploration ground in the Republic of Serbia [...]
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