Electrum Discovery Corp. Appoints R. Michael Jones to the Board of Directors
Vancouver, Canada, February 5, 2024 – Electrum Discovery Corp. (“Electrum” or the “Company“) (TSX-V: ELY|FRA: R8N) 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 decisions. He is a well-known promoter of mining projects from discovery to construction[…]
Medgold Resources Corp. Completes Reverse Takeover of Balkan Metals Corp.
January 18, 2024 – Vancouver, Canada: Electrum Discovery Corp. (“Electrum” or the “Company”) (TSX‑V: ELY) (formerly Medgold Resources Corp. (“Medgold”)) is pleased to announce the closing (“Closing”) of its previously-announced transaction resulting in the reverse takeover of Medgold by Balkan Metals Corp. (“BMC”), along with completion of a concurrent non-brokered private placement (the “Private Placement”), a 16-1 share consolidation (the “Consolidation”) and name change (collectively, the “Transaction”). As a result of the Transaction, Electrum now holds a portfolio of exploration licences in Serbia covering close to 1,000 square kilometres, making[…]