Electrum Discovery Corp. Announces 0.43% Copper over 133.5 meters of Strike Length from Trench Sampling at the Bambino Target, Timok East

Vancouver, Canada, November 5, 2024 – Electrum Discovery Corp. (“Electrum” or the “Company“) (TSX-V:ELY |FRA:R8N |OTC:ELDCF) is pleased to announce results from its 300 meter trench sampling program at its Timok East copper-gold project (“Timok East“) in Serbia. Highlights: Trenching exposes consistent copper bearing leached hydrothermal stockwork across Bambino Central. Trench sampling returns highlights of 133.5 meters averaging 0.43% Cu and 6.9 g/t Ag, along strike, including a higher-grade interval of 64.5 meters at 0.76% Cu and 5.3 g/t Ag. Three cross-cutting trenches, all intercepted significant copper and gold mineralization,[…]

Written by on November 5, 2024

Electrum Discovery Corp. Announces Engagement of Market Maker

Vancouver, Canada, October 31, 2024 – Electrum Discovery Corp. (“Electrum” or the “Company“) (TSX-V:ELY |FRA:R8N |OTC:ELDCF) is pleased to announce that it has retained DS Market Solutions Inc. (“DS Market”) to provide market making services (“Services”) in accordance with TSXV policies and subject to the approval of the TSXV. Pursuant to the agreement, DS Market Solutions will provide the Company with liquidity services in compliance with the provisions of TSXV Policy 3.4 with the objective of enhancing market depth and increasing liquidity of the Company’s common shares. DS Market uses[…]

Written by on October 31, 2024

Electrum Discovery Corp. Announces High Grade Gold and Copper-Gold Assays from Rock Chip Sampling at Timok East; Extends Further Bambino Anomaly

Vancouver, Canada, October 30, 2024 – Electrum Discovery Corp. (“Electrum” or the “Company“) (TSX-V:ELY |FRA:R8N |OTC:ELDCF) is pleased to announce results from rock-chip sampling carried across various targets at its Timok East copper-gold project (“Timok East“) in the Republic of Serbia. The results have confirmed significant strike extensions of the Bambino copper-gold anomaly (“Bambino“) and identified a potentially over-printing gold system. The property adjoins Zijin Mining Bor Copper-Gold Mining Complex and is just 4km east from the Veliki Krivelj copper gold porphyry mine. Highlights: Bambino Anomaly: Rock-chip assays confirm copper-gold[…]

Written by on October 30, 2024

Electrum Discovery Corp. Closes Oversubscribed $2,281,850 Private Placement – Welcomes New Shareholders: Crescat Capital and Syndicate Minerals Pty Ltd.

Vancouver, Canada, October 10, 2024 – Electrum Discovery Corp. ("Electrum" or the "Company")(TSX-V:ELY |FRA:R8N |OTC:ELDCF) is pleased to announce that it has closed the final tranche (the "Final Tranche") of its oversubscribed non-brokered private placement of units ("Unit") at a price of $0.07 per Unit announced on September 23, 2024 (the "Private Placement") and upsized on October 2, 2024.  The Company sold 21,987,570 Units in the Final Tranche to raise gross proceeds of $1,532,830. In total, the Company has issued 32,597,854 Units for gross proceeds of $2,281,850 with each Unit consisting[…]

Written by on October 10, 2024

Electrum Discovery Corp. Announces Closing of the First Tranche of Private Placement and Upsizes Offering

Vancouver, Canada, October 2, 2024 – Electrum Discovery Corp. ("Electrum" or the "Company") (TSX-V:ELY |FRA:R8N |OTC:ELDCF) is pleased to announce that, further to its news release of September, 23rd, 2024, it has closed the first tranche (the "First Tranche") of its non-brokered private placement (the "Private Placement") of 10,700,284 units (the “Units”) at a price of $0.07 per Unit (the "Issue Price") to raise gross proceeds of $749,020. Furthermore, due to strong investor demand, it has upsized the Private Placement to up to $2,100,000, comprised of the sale of up[…]

Written by on October 2, 2024