Medgold Announces Maiden Mineral Resource Estimate and Initial Metallurgical Testwork Results From the Tlamino Project, Serbia

Vancouver, Canada, January 30, 2020 – Medgold Resources Corp. (TSX-V: MED|FRA: 1XD) is pleased to announce a maiden Mineral Resource Estimate for the Barje Prospect within the Tlamino Project (the “Project” or “Tlamino”) in southern Serbia. An Inferred Mineral Resource containing approximately 680,000 oz AuEq in 7.1Mt grading 3.0 g/t AuEq at cut-off grade of 0.7 g/t AuEq is reported, and is presented in Table 1. Example cross-section and a block model view of the resource are given in Figure 1. This estimate was prepared in accordance with National Instrument[…]

Written by on January 30, 2020

Medgold Identifies Two New Gold Targets in Southern Serbia

Vancouver, Canada, January 11, 2018, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is  pleased to announce results from ridge-and-spur soil sampling near Medgold’s Tlamino gold project in southern Serbia HIGHLIGHTS: Two large gold targets identified for follow up work, The targets measure 3 km by 1 km and 2 km by 1.5 km and are located northwest and north of Tlamino, respectively, and The targets are part of the Crnook Licence Group. Dan James, President of Medgold, commented: “We are very pleased to see early success from a[…]

Written by on January 11, 2018

Adit Channel Sampling Yields 2.20 g/t Au and 88 g/t Ag over 52 metres at Medgold’s Tlamino Project, Serbia

Vancouver, Canada, November 15, 2017, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce a composite channel sample interval at Barje of 52 metres at 2.20 g/t Au and 88 g/t Ag, (or a gold-equivalent grade of 3.38 ppm using 75:1 Ag to Au price ratio), from a recently re-opened historical Pb-Zn exploration adit, located in the centre of the main Barje occurrence. The assay results from the adit, which is driven into the Barje outcrop perpendicular to the surface (see previous results news releases of[…]

Written by on November 15, 2017

New large-scale gold anomalies identified at the Karamanica Prospect, Tlamino Project, Serbia

Vancouver, Canada, October 2, 2017, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce results for the Karamanica Prospect, which is part of the Tlamino Project and located 8 km to the west of Medgold’s flagship Barje Prospect. Assays from a recent soil sampling campaign define two large anomalies with consistent soil geochemistry with > 50 ppb Au-in-soil, within which are significant linear zones of >100 ppb Au. The highly anomalous soil geochemistry and favourable lithological units and fault structures demonstrate the high prospectivity of the Karamanica[…]

Written by on October 2, 2017

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[…]

Written by on July 18, 2017