Medgold Issues Shares for Services
Vancouver, Canada, July 27, 2017; Medgold Resources Corp. (TSX-V: MED) (the “Company”) announces that in accordance with the Company’s agreement to issue common shares to Dan James in part consideration for his ongoing services as the Company’s President, an installment of 97,727 shares has been issued to Mr. James for services rendered during the six months ended June 30, 2017. The shares have a resale restriction which expires on November 28, 2017. About Medgold Medgold is a European-focused, TSX-V listed, exploration and development company targeting gold properties in Serbia. Run by[…]
Medgold extends channel results at Tlamino, returning 84 m at 5.6 g/t Au, and identifies large near-surface geophysical anomaly
Vancouver, Canada, July 18, 2017, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce that the recently completed Induced Polarization / Resistivity (IP-Res) geophysical study at the Tlamino Project, Serbia has identified a high chargeability anomaly which extends to the west of the Barje outcrop under cover for over 1 km. Furthermore, recent saw-cut channel sampling from Barje, with the objective of extending channel samples previously reported, has yielded a best intersection of 44 m at 3.1 g/t Au, which, when composited with the results of[…]
Geophysical Survey Underway at Medgold’s Tlamino Project, Serbia
Vancouver, Canada, May 10, 2017, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce that preminary results have been received for the first six lines of an 18 line ground induced polarization & resistivity geophysical survey at the Tlamino Project in southeastern Serbia. The survey results appear to show a significant chargeability anomaly, consistent over several hundred metres, close to surface and coincident with historical drilled mineralization at the Liska occurrence. The survey is ongoing and the anomaly appears to be flat-lying and trending towards the[…]
Medgold Provides Exploration Update / Arranges Shares for Services
Vancouver, Canada, May 1, 2017, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce that the Company has selected a drilling contractor for a planned diamond drill program at the Tlamino project in Serbia. Drilling is scheduled to start at the end of July. A ground IP-resistivity geophysical survey is currently underway to outline potential anomalies for drill testing. Dan James, President of Medgold, commented: “We are very pleased at the rapid progress we’ve made at the Tlamino Project which has built on the high-grade gold-silver[…]
Medgold Options the Tlamino Project to Fortuna Silver Mines
Vancouver, Canada, March 7, 2017, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce that it has entered into an Option Agreement with Fortuna Silver Mines Inc. (TSX: FVI) (“Fortuna”) whereby Fortuna has the exclusive option to acquire up to 70% in the Tlamino Project located in Southern Serbia (comprised of the Donje Tlamino and Surlica-Dukat licences), by spending a total of US$8.0 million in qualifying expenditures and completing a preliminary economic assessment. Dan James, President of Medgold, commented: “We are very pleased with Fortuna’s continued support[…]