Medgold Announces 2019 Drilling Program at its Tlamino Project, Serbia and Reports Final Results Of 2018 Program
Vancouver, Canada, March 21, 2019 – Further to its News Release of November 19, 2018, Medgold Resources Corp. (TSX-V: MED) is pleased to announce details of its forthcoming drilling program at the Tlamino Project (the “Project” or “Tlamino”) in southern Serbia. The objective of the 2019 program will be two-fold: to seek extensions of the gold mineralization defined at the Barje Prospect in 2018, and to drill exploration targets at Karamanica including a 2km long Induced Polarization (“IP”) chargeability anomaly within a 2km by 1.5km gold-in-soil anomaly. Management believes that[…]
Medgold Announces Management Change; Grants Stock Options
Vancouver, Canada, January 16, 2019 – Medgold Resources Corp. (TSX-V: MED) is pleased to announce that Mr. Jeremy Crozier has been appointed Acting President of the Company effective immediately. Mr. Crozier brings many years of technical and commercial experience in the resource industry, and will succeed Dan James who is stepping down as President and a director. Simon Ridgway, Chairman and CEO of Medgold, commented: “On behalf of the Board, I would like to welcome Jeremy to the team. Jeremy holds BSc and MSc degrees in geology and has over[…]
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[…]