Medgold Resources Corp. is pleased to report that it has closed its previously announced private placement financing with the issuance of 40 million units at $0.05 per unit, for gross proceeds of $2 million, which included the sale of $850,000 worth of Units to a group of strategic investors led by Palisades Goldcorp Ltd. Each unit consists of one common share and one warrant entitling the holder to purchase one [...]
Medgold Resources Corp. announces that it proposes, subject to stock exchange approval, to complete a non-brokered private placement financing of up to 40 million units at $0.05 per unit, for proceeds of up to $2 million. Each unit will consist of one common share and one full warrant, each warrant entitling the holder to purchase one additional common share of the Company at $0.10 for three years from closing. The [...]
Medgold Resources Corp. | is pleased to announce that it has entered into a non-binding Letter of Intent with Fortuna Silver Mines Inc. to acquire Fortuna's 51% interest in the Tlamino Project located in Serbia . Under the terms of the Letter, Medgold has secured an exclusive option to purchase Fortuna's 51% interest in the Project for a cash consideration of US$ 3.468 million. The Option is valid for three years and is [...]
Medgold Resources Corp. | announces that further to its news release of April 28, 2020, the Company is continuing to rely on the extension provided by the securities regulators as a result of the COVID-19 pandemic regarding the deadline for filing and delivering its audited financial statements and MD&A for the fiscal year ended December 31, 2019. Accordingly, the Company will file such financials no later than the [...]
Medgold Resources Corp. | announces that it is relying on the extension provided by the securities regulators as a result of the COVID-19 pandemic regarding the deadline for filing and delivering its audited financial statements and MD&A for the fiscal year ended December 31, 2019. Accordingly, the Company will file such financials no later than the extended deadline of June 15, 2020. Until the financials are filed, the [...]
Medgold Resources Corp. is pleased to announce that it has entered into an exclusive Letter Agreement with Gecon EOOD with respect to an Exploration License application made by Gecon at Zlogosh , Kyustendil Oblast, western Bulgaria. The main mineralized targets at Zlogosh are situated approximately 40 kilometers by road from Medgold's Tlamino Project in Serbia, with which they appear to share considerable geological [...]
Medgold Resources Corp. is pleased to announce a maiden Mineral Resource Estimate for the Barje Prospect within the Tlamino Project in southern Serbia. An Inferred Mineral Resource containing approximately 680,000 oz AuEq in 7.1Mt grading 3.0 g/t AuEq at cut-off grade of 0.7 g/t AuEq is reported, and is presented in Table 1. Example cross-section and a block model view of the resource are given in Figure 1. This estimate [...]
Medgold Resources Corp. cordially invites you to visit us at Booth #831 at the Vancouver Resource Investment Conference to be held at the Vancouver Convention Centre West, 1055 Canada Place, Vancouver, on Sunday, January 19 and Monday, January 20, 2020. Medgold is a gold exploration company focused on the advancement of the Tlamino Project in Serbia. Drilling in 2018 and 2019 at the Barje Prospect has defined a [...]
Medgold Resources Corp. is pleased to announce the results of metallurgical testwork completed in respect of sample composites obtained from the Barje prospect at its Tlamino Project in southern Serbia. Further to its news release of October 30, 2019, the Company also reports final results of its 2019 drilling at the Karamanica prospect. Bulk rougher flotation tests were performed on two composite samples formed of 50.39 [...]
Vancouver, Canada - TheNewswire - October 30, 2019 - Further to its News Releases of May 29 and September 18, 2019, Medgold Resources Corp. is pleased to announce the completion of its 2019 drilling program at the Tlamino Project in southern Serbia. In recent weeks, approximately 2,000m of diamond drilling has been completed at the Karamanica prospect in 8 holes. Targets drilled included a 2 km long Induced Polarization [...]
Vancouver, Canada - TheNewswire - September 18, 2019 -Medgold Resources Corp. is pleased to announce that drilling of its high-priority Karamanica Prospect will commence in the current week. The Karamanica Prospect falls within the Tlamino Project in southern Serbia, approximately 8km west of the Barje-Liska Prospect at which drilling by Medgold has been focused to date. Approximately 2,000m of diamond drilling is planned [...]
Medgold Resources Corp. is pleased to announce that further to its news release of March 21, 2019, drilling at its Tlamino Project in southern Serbia, consisting of up to 5,000m of diamond drilling, will commence during the week of June 3. The initial focus of the 2019 program will be to seek southward extensions to the gold and base metal mineralization defined at the Barje Prospect in 2018 - at which a shallow-dipping [...]
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