News

Vancouver, Canada, July 20, 2015, Medgold Resources Corp. (TSX-V: MED) (the “Company”) announces that its agreement signed in March 2015 with Koza Ltd., whereby Medgold agreed to grant Koza an option to acquire up to a 75-per-cent interest in Medgold’s Boticas gold project in northern Portugal and Koza agreed to complete a $1.5 million equity financing in Medgold, has been terminated by mutual agreement as a result of a disagreement over the timing of the equity investment by Koza in Medgold. Simon Ridgway, the Chairman of Medgold, said: “It is[…]

Vancouver, Canada, July 6, 2015, Medgold Resources Corp. (TSX-V: MED) (the “Company”) announces that in accordance with the Company’s agreement to issue up to 435,520 common shares of the Company to Dan James in part consideration for his ongoing services as the Company’s President (see Medgold news release February 19, 2015), the second installment of 108,880 shares has been issued to Mr. James for services rendered during the three months ended June 30, 2015. The shares have a resale restriction which expires on November 1, 2015. About Medgold Medgold is[…]

Vancouver, Canada, July 2, 2015, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to provide an update on the on-going diamond drilling program at the Lagares gold project in northern Portugal. To date, a total of 1,192 metres have been drilled in 12 holes of a 3,000 metre program. The Company has granted Centerra Gold Inc. (“Centerra”) the option to earn a 51% interest in the project by spending US$3 million over 3 years, and then the right to earn an additional 19% by spending a further[…]

Vancouver, Canada, April 14, 2015, Medgold Resources Corp. (TSX-V: MED) (the “Company”) announces that the TSX Venture Exchange has conditionally approved the proposed issuance of up to 435,520 common shares of the Company to Dan James in part consideration for his ongoing services as the Company’s President (see Medgold news release February 19, 2015). The shares will be issued in quarterly installments over a one-year period commencing as of January 1, 2015. The first installment of 108,880 shares has been issued to Mr. James for services rendered during the three[…]

Vancouver, Canada, March 26, 2015, Medgold Resources Corp. (TSX-V: MED) (the “Company”) is pleased to provide an exploration update on the Lagares gold project. The project is joint ventured to Centerra Gold Inc. (“Centerra”), who are earning in to 51% of the project by spending $3 million over 3 years, and have the right to earn an additional 19% by spending a further $3 million over 2 years. The project is progressing rapidly. Medgold’s first drilling campaign in Portugal, a 3,000 metre diamond core drilling program, started yesterday targeting high-grade[…]