02
03, 2021

Medgold Announces Board Changes, Cancellation and Award of Stock Options

02 Mar, 2021

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[…]

26
01, 2021

Medgold Announces Highly Positive Preliminary Economic Assessment for the Tlamino Project, Serbia: pre-tax NPV8% of US$ 101 million and pre-tax IRR of 49%

26 Jan, 2021

Vancouver, Canada, January 26, 2021 – Medgold Resources Corp. (TSX-V: MED|FRA: 1XD) is pleased to announce the completion of a positive Preliminary Economic Assessment (“PEA”) for the Barje gold deposit at its Tlamino Project, Serbia (“Barje”, “Tlamino”, the “Project”). The highlights of the PEA are as follows: Based on simple open-pit mining methods and the production of a flotation concentrate via conventional processing techniques, the pre-tax NPV of the Project, at a discount rate of 8%, is US$101M, its IRR 49%, and its operating margin 61%. The up-front capital cost[…]

07
01, 2021

Medgold signs Option Agreement with Fortuna Silver Mines to acquire full ownership and management control of the Tlamino Project, Serbia

07 Jan, 2021

Vancouver, Canada, January 7, 2021 – Medgold Resources Corp. (TSX-V: MED|FRA: 1XD) is pleased to announce that it has entered into a definitive Option Agreement (the “Agreement”) with Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (“Fortuna”) to acquire Fortuna’s 51% interest in the Tlamino Project, located in Serbia (the “Project”). The terms of the Agreement provide Medgold with an exclusive option (the “Option”) to purchase Fortuna’s 51% interest in the Project for a cash consideration of US$ 3.468 million. The Option is valid for three years and is exercisable[…]