Electrum Discovery Corp. Appoints R. Michael Jones to the Board of Directors

Vancouver, Canada, February 5, 2024 – Electrum Discovery Corp. (“Electrum” or the “Company“) (TSX-V: ELY|FRA: R8N) is pleased to announce the appointment of Mr. R. Michael Jones, to the Company’s Board of Directors. Mr. Jones is an experienced executive and director, with a history of finding, developing, permitting, and adding significant value to mining companies. He has taken multiple large mines, with values of up to $1 billion, from the discovery stages, through to feasibility studies and construction decisions. He is a well-known promoter of mining projects from discovery to construction[…]

Written by on February 5, 2024

Medgold Resources Corp. Completes Reverse Takeover of Balkan Metals Corp.

January 18, 2024 – Vancouver, Canada: Electrum Discovery Corp. (“Electrum” or the “Company”) (TSX‑V: ELY) (formerly Medgold Resources Corp. (“Medgold”)) is pleased to announce the closing (“Closing”) of its previously-announced transaction resulting in the reverse takeover of Medgold by Balkan Metals Corp. (“BMC”), along with completion of a concurrent non-brokered private placement (the “Private Placement”), a 16-1 share consolidation (the “Consolidation”) and name change (collectively, the “Transaction”). As a result of the Transaction, Electrum now holds a portfolio of exploration licences in Serbia covering close to 1,000 square kilometres, making[…]

Written by on January 18, 2024

Medgold Provides Update on Proposed Acquisition of Balkan Metals Corp.

Vancouver, Canada, December 6, 2023 – Medgold Resources Corp. (TSX-V: MED|FRA: 1XD) (“Medgold” or the “Company”) is pleased to provide an update on its proposed acquisition (the “Acquisition”) of Balkan Metals Corp. (“Balkan Metals”), a private British Columbia company which holds a portfolio of exploration licenses in Serbia, some of which are contiguous to Medgold’s existing Serbian exploration permits. With mineral rights covering close to 1,000 square kilometres, the resulting company (to be renamed “Electrum Metals Group Corp.” (the “Resulting Issuer”)) will be the largest holder of highly prospective exploration[…]

Written by on December 6, 2023

Medgold Provides Update on Proposed Acquisition of Balkan Metals Corp.

Vancouver, Canada, October 6, 2023 – Medgold Resources Corp. (TSX-V: MED|FRA: 1XD) (“Medgold” or the “Company”) is pleased to provide an update on its proposed acquisition (the “Acquisition”) of Balkan Metals Corp. (“Balkan Metals”), a private British Columbia company which holds a portfolio of exploration licenses in Serbia, some of which are contiguous to Medgold’s existing Serbian exploration permits. With mineral rights covering close to 1,000 square kilometres, the resulting company (to be renamed “Electrum Metals Group Corp.” (the “Resulting Issuer”)) will be the largest holder of highly prospective exploration[…]

Written by on October 6, 2023

Medgold reports passing of Founder and Director, David Hall

Vancouver, Canada, September 8, 2023 – The Directors and management of Medgold Resources are saddened to report the sudden and untimely passing of David Hall, a founder and director of Medgold, in London, England. Ralph Rushton, Director, said: “David was a true friend, enthusiastic colleague and mentor to many geologists in the industry including me. His energy in the field was infectious and everyone who knew him or worked with him has likely spent hours discussing projects and mineral belts over a cold beer at the end of a field[…]

Written by on September 8, 2023