Adit Channel Sampling Yields 2.20 g/t Au and 88 g/t Ag over 52 metres at Medgold’s Tlamino Project, Serbia

Vancouver, Canada, November 15, 2017, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce a composite channel sample interval at Barje of 52 metres at 2.20 g/t Au and 88 g/t Ag, (or a gold-equivalent grade of 3.38 ppm using 75:1 Ag to Au price ratio), from a recently re-opened historical Pb-Zn exploration adit, located in the centre of the main Barje occurrence. The assay results from the adit, which is driven into the Barje outcrop perpendicular to the surface (see previous results news releases of[…]

Medgold Completes First Phase Drilling at Boticas Gold Project, Portugal

Vancouver, Canada, December 21, 2016, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce that it has completed its first phase drill program at the Boticas Gold Project. Drill hole assay results have been received for 1,365 m of the completed 2,516 m program. Highlights from these initial eight drill holes included the following intercepts: MBT001: 49.13 m @ 1.43 g/t Au, from 20.87 m MBT002: 14.60 m @ 1.13 g/t Au, from 85.60 m MBT003: 7.90 m @ 3.40 g/t Au, from 107.00 m MBT005: 20.70[…]

Drilling Commences at Medgold’s Boticas Gold Project, Portugal

Vancouver, Canada, August 24, 2016, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce that drilling has started at the Boticas Gold Project in Portugal. Medgold is planning a 15 hole 2,500m diamond drilling program, targeting a medium-grade sheeted vein system. The first drill hole is designed to test grade continuity below a contiguous Medgold channel-chip result of 3.98 g/t Au over 14.10m. Dan James, President of Medgold, said: “We are very pleased to start drilling at Boticas. Our program will aim to confirm the historical drilling[…]

Medgold is Granted a Drilling Permit at the Boticas Gold Project, Portugal

Vancouver, Canada, July 6, 2016, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce that it has received formal approval for the proposed diamond drilling program at the Limarinho Zone at the Boticas Gold Project. Medgold is planning a 2,500m diamond drilling program, expected to commence in mid-July, targeting a gold-bearing sheeted orogenic vein system. Energold Drilling Corp. have been selected as drill contractors to complete the initial drilling program using man-portable drill rigs. Dan James, President of Medgold, said: “We are very pleased to have[…]

Medgold-Centerra Drilling Program Intersects 7.7m @ 4.4 g/t Au from Surface at Lagares Project, Portugal

Vancouver, Canada, July 27, 2015, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to provide an update on the on-going diamond drilling program at the Lagares gold project in northern Portugal. To date, a total of 1,788 metres have been drilled in 19 holes of a planned 3,000 metre program. The Company has granted Centerra Gold Inc. (“Centerra”) the option to earn a 51% interest in the project by spending US$3 million over 3 years along with the right to earn an additional 19% by spending a[…]