10
05, 2017

Geophysical Survey Underway at Medgold’s Tlamino Project, Serbia

10 May, 2017

Vancouver, Canada, May 10, 2017, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce that preminary results have been received for the first six lines of an 18 line ground induced polarization & resistivity geophysical survey at the Tlamino Project in southeastern Serbia. The survey results appear to show a significant chargeability anomaly, consistent over several hundred metres, close to surface and coincident with historical drilled mineralization at the Liska occurrence. The survey is ongoing and the anomaly appears to be flat-lying and trending towards the[…]

01
05, 2017

Medgold Provides Exploration Update / Arranges Shares for Services

01 May, 2017

Vancouver, Canada, May 1, 2017, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce that the Company has selected a drilling contractor for a planned diamond drill program at the Tlamino project in Serbia. Drilling is scheduled to start at the end of July. A ground IP-resistivity geophysical survey is currently underway to outline potential anomalies for drill testing. Dan James, President of Medgold, commented: “We are very pleased at the rapid progress we’ve made at the Tlamino Project which has built on the high-grade gold-silver[…]

07
03, 2017

Medgold Options the Tlamino Project to Fortuna Silver Mines

07 Mar, 2017

Vancouver, Canada, March 7, 2017,¬†Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce that it has entered into an Option Agreement with Fortuna Silver Mines Inc. (TSX: FVI) (“Fortuna”) whereby Fortuna has the exclusive option to acquire up to 70% in the Tlamino Project located in Southern Serbia (comprised of the Donje Tlamino and Surlica-Dukat licences), by spending a total of US$8.0 million in qualifying expenditures and completing a preliminary economic assessment. Dan James, President of Medgold, commented: “We are very pleased with Fortuna’s continued support[…]

09
02, 2017

Fortuna Completes Warrant Exercise for a 24% Stake in Medgold

09 Feb, 2017

Vancouver, Canada, February 9, 2017, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce that Fortuna Silver Mines Inc. (NYSE: FSM; TSX: FVI) (“Fortuna”) has completed its warrant exercise by purchasing 10m shares of Medgold at CAD $0.15 each, for total proceeds of CAD $1.5 million. Fortuna now owns 23.97% of Medgold shares. Medgold will use the proceeds to extend the Strategic Alliance in Serbia for a further 12 months with 80% of the proceeds being used for country-wide target generative exploration and the balance for[…]

09
01, 2017

Medgold assays 40 m of 8.32 g/t Au and 193 g/t Ag from surface channel samples at the Tlamino Project, Serbia; Fortuna Silver Mines to increase its investment in Medgold

09 Jan, 2017

Vancouver, Canada, January 9, 2017, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce that Fortuna Silver Mines Inc. (TSX: FVI) (“Fortuna”) has elected to exercise its common share purchase warrants for total proceeds to Medgold of CAD $1.5 million. As a result of the warrant exercise, Medgold and Fortuna will extend their Strategic Alliance for a further 12 months and Medgold has granted Fortuna the right to option a second project. Upon exercise of the warrants, Fortuna will own 24.2% of Medgold shares. Medgold is[…]