News

Vancouver, Canada, April 8, 2024 – Electrum Discovery Corp. (“Electrum“, or the “Company“) (TSX-V: ELY|FRA: R8N) is pleased to provide an update on its exploration and corporate activities. With an extensive, highly prospective property portfolio in eastern Europe, Electrum intends to solidify its position as a leading European Cu-Au exploration company. Current exploration program focused on testing historic copper anomalism in soils at the Timok East Project, which shows a strong spatial correlation with outcropping Jurassic and Cretaceous limestones over a strike length of ~6 kilometers; This is considered a[…]

Vancouver, Canada, February 20, 2024 – Electrum Discovery Corp. (“Electrum” or the “Company“) (TSX-V: ELY|FRA: R8N) announces that it has engaged Venture Liquidity Providers Inc. (“VLP”) and CM-Equity AG (“CM”) to provide investor relations, market- making and liquidity services. In accordance with the requirements of Policy 3.4 – Investor Relations, Promotional and Market-Making Activities (“Policy 3.4“) of the TSX Venture Exchange (the “Exchange“), Electrum provides further information regarding the service providers below. The Company has exploration projects in Europe, on the prolific copper-gold Western Tethyan Belt, in the Republic of[…]

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[…]

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[…]

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[…]