Medgold provides update on proposed acquisition of Balkan Metals Corp.

Vancouver, Canada, December 21, 2022 – 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 kilometers, the resulting company will be the largest holder of highly prospective exploration ground in the Republic of Serbia. Medgold and Balkan Metals[…]

Written by on December 21, 2022

Medgold signs Non-Binding LOI to acquire Balkan Metals Corp. to create a leading Copper-Gold explorer focused on the Balkan region

Vancouver, Canada, November 24, 2022 – Medgold Resources Corp. (TSX-V: MED|FRA: 1XD) (“Medgold” or the “Company”) is pleased to announce that it has entered into a non-binding arm’s length letter of intent dated November 23, 2022 (the “LOI”) to acquire (the “Acquisition”) all of the issued and outstanding common shares 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 kilometers,[…]

Written by on November 24, 2022

Medgold acquires full ownership of the Tlamino Project, Serbia

Vancouver, Canada, July 25, 2022 – Medgold Resources Corp. (TSX-V: MED|FRA: 1XD) is pleased to announce that it has entered into two definitive agreements with Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (“Fortuna”), to acquire Fortuna’s 51% interest (the “Interest”) in the Tlamino Project, located in Serbia (the “Project”). The first such agreement terminates the Option Agreement (the “Option”) entered into between the parties on December 15, 2020 that provided for Medgold to acquire the Interest for a cash consideration of US$ 3.468 million (news release, January 7, 2021)[…]

Written by on July 25, 2022

Medgold Resources provides update on proposed sale of Tlamino Project, Serbia

Vancouver, Canada, November 26, 2021 – Medgold Resources Corp. (TSX-V: MED), (“Medgold”, the “Company”) reports on the status of the previously announced proposed sale of the Company’s Tlamino Project to  MetalsTech Limited. MetalsTech has advised the Company that it will not be exercising its option to acquire the Project.  As a result, the agreement between the parties has terminated. Management of the Company is  reviewing  a number of alternate strategic options in regard to the Tlamino Project,  and continues its search for new precious and base metal projects for potential[…]

Written by on November 26, 2021

Medgold Resources announces Option Agreement to sell Tlamino Project, Serbia

Vancouver, Canada, November 3, 2021 – Medgold Resources Corp. (TSX-V: MED), (“Medgold”, the “Company”) is pleased to announce that it has entered into a binding option agreement (the “Agreement”) with MetalsTech Limited (ASX: MTC), (“MetalsTech”) in regard to the sale of the Company’s interest in the Tlamino Project in Serbia. Under the terms of the Agreement, Medgold has granted MetalsTech an exclusive option (the “Option”) to acquire a 100% interest in the Tlamino Project for a total consideration of A$3,000,000 in cash (the “Acquisition”). The Option is exercisable by MetalsTech[…]

Written by on November 3, 2021