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News

23
05, 2013

Medgold Defines Major Gold Targ et at the Pampilhal Prospect, Vila de Rei, Portugal

23 May, 2013

Vancouver, Canada, May 23, 2013, Medgold Resources Corp. (TSX-V: MED), the European focused gold exploration company, is pleased to report excellent first-pass sampling results from recent work at its wholly-owned Vila de Rei gold project in central Portugal. The project covers 40 line km of a regional structure which is known to contain multiple gold-bearing zones. Preliminary exploration at the Pampilhal prospect has outlined highly anomalous gold mineralisation associated with silicification over a 2.4 km by 1.3 km area, including over 2.8 km combined strike length of linear, structurally-controlled gold-bearing[…]

24
04, 2013

Major Gold-Antimony Target Defined at Pietratonda, Italy

24 Apr, 2013

VANCOUVER, April 24, 2013 /CNW/ – Medgold Resources Corp. (TSXV: MED), the European focused gold exploration company, is pleased to announce results of recently completed exploration at its wholly-owned Pietratonda licence in the Colline Metallifere of Central Italy. HIGHLIGHTS A total of 273 rock samples collected (including QA-QC) Au-Sb anomaly defined over 600 by 200 metres Anomalism associated with inferred high-angle ‘feeder’ structure Mineralization typical of Carlin-style / sediment hosted Major drill target defined Dan James, President of Medgold, said, “The current work has outlined a large gold-antimony anomaly and[…]

09
04, 2013

Medgold Expands Portfolio with Three Gold Exploration Permits in Galicia, Spain

09 Apr, 2013

TSX-V: MED VANCOUVER, April 9, 2013 /CNW/ – Medgold Resources Corp. (TSX-V: MED), the European focused gold exploration company, is pleased to announce that it has now completed the application process and paid all relevant taxes for three contiguous gold exploration permits covering 79 square kilometres in southern Galicia, Spain, (the “Pinzas Gold Project”). The applications cover approximately 79 square kilometres of the highly prospective Galician Hercynican Massif. Licence issuance is expected in Q2 2013. Gold-bearing structure already identified over 14 strike km covering several licence areas. Rock chip sampling[…]

04
03, 2013

Medgold Issued Vila de Rei Gold Exploration Licence in Portugal

04 Mar, 2013

TSX-V: MED VANCOUVER, March 4, 2013 /CNW/ – Medgold Resources Corp. (TSX-V: MED), the European focused gold exploration company, is pleased to announce that it has been issued the highly prospective 300 square kilometer Vila de Rei gold exploration licence in central Portugal. Licence located in highly prospective central Portuguese region. High-grade rock grab samples, from trace up to 24.7 g/t Au. Over 40 km of structure identified already. Exploration work to commence immediately over key prospect areas. Acquisition marks further step in Medgold’s rapid expansion strategy. Dan James, President[…]

08
02, 2013

Medgold arranges $975,000 convertible debenture financing

08 Feb, 2013

TSX-V: MED VANCOUVER, Feb. 8, 2013 /CNW/ – Medgold Resources Corp. (TSX-V: MED), the European focused gold exploration company, is pleased to announce that it has arranged, subject to Exchange approval, a $975,000 non-brokered private placement financing of debentures which are convertible into 6,500,000 common shares of the Company at the rate of $0.15 per share. The debentures will bear interest at the rate of 8% per annum and are convertible into shares for a period of up to two years from closing of the financing. The debenture holders will[…]

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