Electrum Discovery Corp. Opens a Non-brokered Private Placement of up to C$1.5 Million

Vancouver, Canada, September 23, 2024 – Electrum Discovery Corp.  (“Electrum” or the “Company“) (TSXV:ELY |FRA:R8N |OTC:ELDCF) is pleased to announce a non-brokered private placement (the “Private Placement”) of up to 21,428,571 units of the Company (the “Units”), at a price of $0.07 per Unit , to raise aggregate gross proceeds of up to approximately $1.5 million. Each Unit will comprise one common share of the Company (each, a “Common Share”) and one common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each Warrant will entitle the holder[…]

Written by on September 23, 2024

Electrum Discovery Corp. Announces Expanded Copper Gold Target Area and Commencement of Trenching at Timok East

Vancouver, Canada, September 4, 2024 – Electrum Discovery Corp. (“Electrum” or the “Company“) (TSX-V:ELY |FRA:R8N |OTC:ELDCF) is pleased to announce the results of geological mapping, and the commencing of trenching at its Timok East copper-gold project in the Republic of Serbia. The project adjoins the Zijin’s Bor copper-gold mining complex. Exploration in the region has recently increased significantly as a result of new investment and expansion of the +1 billion tonne mine, and several new discoveries in the district. Highlights: Mapping identifies multiple sequences of hydrothermally-altered intrusive rock with stockwork[…]

Written by on September 4, 2024

Electrum Discovery Corp. Announces AGM Results

Vancouver, Canada, August 13, 2024 – Electrum Discovery Corp. (“Electrum” or the “Company“) (TSX-V:ELY |FRA:R8N |OTC:ELDCF) is pleased to announce the results of the Company’s Annual General Meeting (the “AGM” and/or “Meeting“) held on August 8, 2024. A total of 11,847,794 common shares were voted at the Meeting representing approximately 18.71% of the total issued and outstanding common shares of the Company. Shareholders voted to approve all matters brought before the Meeting, including the election of all director nominees, the appointment of Smythe LLP as the Company’s auditors for the[…]

Written by on August 13, 2024

Electrum Discovery Corp. Announces Further Positive Rock Chip Sample Assay Results and Remote Sensing Mapping at Timok East

Vancouver, Canada, August 7, 2024 – Electrum Discovery Corp. (“Electrum” or the “Company“) (TSX-V:ELY |FRA:R8N |OTC:ELDCF) is pleased to announce the results from recent rock chip sampling and remote sensing mapping at its Timok East copper-gold project in the Republic of Serbia. Highlights: Copper and gold in soil is now correlated with known copper-gold mineralization in a regional setting and with neighboring large-scale copper-gold mines. Rock-chip sampling confirms significant copper-gold mineralization at Bambino with assays including 1.85% Cu and 1.27 g/t Au in rock-chips. Significant copper mineralization identified in bedrock[…]

Written by on August 7, 2024

Electrum Discovery Corp. Identifies New Styles of Gold Mineralization on Consolidated 522 square kilometers Novo Tlamino Project

Vancouver, Canada, July 18, 2024 – Electrum Discovery Corp. ("Electrum" or the "Company") (TSX-V:ELY |FRA:R8N |OTC:ELDCF) is pleased to provide an update on its activities at Novo Tlamino. The Company strategically consolidated an entire district, through a large-scale permit application program and corporate acquisitions creating the Novo Tlamino Project (“Novo Tlamino” and/or “Project”), currently covering 522 square kilometers. The Project is located in the Paleogene-Miocene magmatic portion of the Western Tethyan Belt in southern Serbia and includes the wholly owned Barje gold deposit with an inferred mineral resource of 670,000oz[…]

Written by on July 18, 2024