MedGold sampling at Boticas returns 71 g/t Au from newly defined Casas Novas Zone
Vancouver, Canada, September 8, 2015, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to provide an exploration update from the Boticas gold project. Recent reconnaissance rock-chip sampling, exploring areas outside of the main Limarinho Zone, has yielded results of 71.9 g/t Au, 45.0 g/t Au and 22.4 g/t Au from the newly identified Casas Novas and Leiranco zones, from a total of 28 samples. Medgold has also recently been granted the Chaves exploration licence which completely envelops the Boticas licence, creating a total combined ground holding of[…]
Medgold Proposes $500,000 Private Placement, and Extension of Warrants
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, Canada, August 7, 2015, Medgold Resources Corp. (TSX-V: MED) (the “Company”) is pleased to announce that it proposes to arrange, subject to TSX Venture Exchange approval, a non-brokered private placement financing of up to 5.0 million units at $0.10 per unit, for proceeds of up to $500,000. Each unit will consist of one common share and one warrant entitling the holder to purchase one additional common share of the Company at $0.15 for two[…]
Medgold-Centerra Drilling Program Intersects 7.7m @ 4.4 g/t Au from Surface at Lagares Project, Portugal
Vancouver, Canada, July 27, 2015, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to provide an update on the on-going diamond drilling program at the Lagares gold project in northern Portugal. To date, a total of 1,788 metres have been drilled in 19 holes of a planned 3,000 metre program. The Company has granted Centerra Gold Inc. (“Centerra”) the option to earn a 51% interest in the project by spending US$3 million over 3 years along with the right to earn an additional 19% by spending a[…]
Boticas Exploration Update – Medgold Increases Exploration Target at Limarinho Zone
Vancouver, Canada, July 21, 2015, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to provide an exploration update at the Boticas gold project. Recent sampling and geophysical work has increased the size of the main gold anomaly at the Limarinho zone. This work has also identified a new zone of mineralization, called Casas Novas, exhibiting similar characteristics to Limarinho. Dan James, President of Medgold, said, “The Boticas story is advancing extremely well and we’re very happy with the progress. We have achieved our goal of increasing the[…]
Medgold — Koza agreement terminated
Vancouver, Canada, July 20, 2015, Medgold Resources Corp. (TSX-V: MED) (the “Company”) announces that its agreement signed in March 2015 with Koza Ltd., whereby Medgold agreed to grant Koza an option to acquire up to a 75-per-cent interest in Medgold’s Boticas gold project in northern Portugal and Koza agreed to complete a $1.5 million equity financing in Medgold, has been terminated by mutual agreement as a result of a disagreement over the timing of the equity investment by Koza in Medgold. Simon Ridgway, the Chairman of Medgold, said: “It is[…]