Medgold Completes 2018 Drilling at Tlamino, Serbia Announces $2-million budget for 2019
Vancouver, Canada, November 19, 2018 – Medgold Resources Corp. (TSX-V: MED) has completed the planned drilling for 2018 at the Tlamino Gold Project (“the Project”) in southern Serbia. The exploration program at Tlamino is fully funded by Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (“Fortuna”), and directed by a joint Fortuna-Medgold technical committee pursuant to the terms of the Tlamino Option Agreement announced on March 7, 2017. Assays have been received for holes BAR014 to BAR020 (see Table 1 below for full results), returning best intercepts of 33.0 m[…]
Medgold Resources completes $1.47 million private placement
Vancouver, Canada, October 18, 2018 – Medgold Resources Corp. (TSX-V: MED) is pleased to announce that due to strong interest from investors, the Company has increased the size of its previously announced private placement financing. The Company has now closed the placement with the issuance of 4,902,800 units at $0.30 per unit, raising gross proceeds of $1,470,840. Each unit consists of one common share and one full warrant, each warrant entitling the holder to purchase one additional common share of the Company at $0.40 for two years from closing. The[…]
Medgold Resources Proposes $1.0 Million Private Placement
Vancouver, Canada, September 24, 2018 – Medgold Resources Corp. (TSX-V: MED) announces that it proposes, subject to stock exchange approval, to complete a non-brokered private placement financing of up to approximately 3.33 million units at $0.30 per unit, for proceeds of up to $1.0 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 $0.40 for two years from closing. The warrants will be subject to an acceleration provision such that if[…]
38m grading 3.98 g/t Au and 158 g/t Ag at Medgold’s Tlamino Gold Project in Serbia; Continuity of mineralization confirmed in second phase drilling
VANCOUVER, Sept. 20, 2018 /CNW/ – Medgold Resources Corp. (TSX-V: MED) is pleased to announce results from its Phase 2 drill program at the Tlamino project in southern Serbia. The exploration and development of the Tlamino Gold Project is being conducted under programs which are fully funded by Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (“Fortuna”), and directed by a joint Fortuna-Medgold technical committee pursuant to the terms of the Tlamino Option Agreement announced on May 1, 2017. Assays have been received for holes BAR008 to BAR013 (see Table 1 below for[…]
Medgold Resources Recommences Drilling at Tlamino Gold Project in Serbia
Vancouver, Canada, August 7, 2018 – Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce that diamond drilling at the Tlamino Gold Project has recommenced for a minimum Phase 2 program of 2,400 m. As well, preparation for 40 line-km of an IP-Resistivity program at the Karamanica Zone has commenced. The exploration and development of the Tlamino Gold Project is being conducted under programs which are fully funded by Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (“Fortuna”), and directed by a joint Fortuna-Medgold technical committee[…]