News

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,[…]

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)[…]

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[…]

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[…]

Vancouver, Canada, March 2, 2021 – Medgold Resources Corp. (TSX-V: MED|FRA: 1XD) announces that Mr. Simon Ridgway has resigned as Executive Chairman and as a Director of Medgold in order to pursue other business interests. Mr. Ridgway is recognized and warmly thanked for his foundational role in the establishment of Medgold, and for his strategic leadership of the Company through its acquisition, financing and advancement of property assets in both Serbia and Portugal. Medgold wishes him well in his ongoing ventures. Medgold also announces the appointment of Mr. Andrei Kroupnik[…]