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News

09
04, 2013

Medgold Expands Portfolio with Three Gold Exploration Permits in Galicia, Spain

09 Apr, 2013

TSX-V: MED VANCOUVER, April 9, 2013 /CNW/ – Medgold Resources Corp. (TSX-V: MED), the European focused gold exploration company, is pleased to announce that it has now completed the application process and paid all relevant taxes for three contiguous gold exploration permits covering 79 square kilometres in southern Galicia, Spain, (the “Pinzas Gold Project”). The applications cover approximately 79 square kilometres of the highly prospective Galician Hercynican Massif. Licence issuance is expected in Q2 2013. Gold-bearing structure already identified over 14 strike km covering several licence areas. Rock chip sampling[…]

04
03, 2013

Medgold Issued Vila de Rei Gold Exploration Licence in Portugal

04 Mar, 2013

TSX-V: MED VANCOUVER, March 4, 2013 /CNW/ – Medgold Resources Corp. (TSX-V: MED), the European focused gold exploration company, is pleased to announce that it has been issued the highly prospective 300 square kilometer Vila de Rei gold exploration licence in central Portugal. Licence located in highly prospective central Portuguese region. High-grade rock grab samples, from trace up to 24.7 g/t Au. Over 40 km of structure identified already. Exploration work to commence immediately over key prospect areas. Acquisition marks further step in Medgold’s rapid expansion strategy. Dan James, President[…]

08
02, 2013

Medgold arranges $975,000 convertible debenture financing

08 Feb, 2013

TSX-V: MED VANCOUVER, Feb. 8, 2013 /CNW/ – Medgold Resources Corp. (TSX-V: MED), the European focused gold exploration company, is pleased to announce that it has arranged, subject to Exchange approval, a $975,000 non-brokered private placement financing of debentures which are convertible into 6,500,000 common shares of the Company at the rate of $0.15 per share. The debentures will bear interest at the rate of 8% per annum and are convertible into shares for a period of up to two years from closing of the financing. The debenture holders will[…]

05
02, 2013

Medgold Secures Exclusive Option on two Portuguese Gold Exploration Licenses Identifying Significant Potential

05 Feb, 2013

VANCOUVER, Feb. 5, 2013 /CNW/ – Medgold Resources Corp. (TSX-V: MED), the European focused gold exploration company, is pleased to announce that it has secured the exclusive option on two highly prospective Portuguese exploration licenses, Boticas and Vila de Rei, through the Direção-Geral de Energia e Geologia (DGEG) of Portugal. Overview Boticas and Vila de Rei cover 100 sq km and 300 sq km respectively. Previous drilling at Boticas reported results including 40.2m at 1.96 g/t Au, including 20.4m at 2.92 g/t Au, and surface sampling has yielded results up[…]

22
01, 2013

Medgold acquires a third gold exploration licence in Tuscany

22 Jan, 2013

VANCOUVER, Jan. 22, 2013 /CNW/ – Medgold Resources Corp. (TSX-V: MED), the European focused gold exploration company, is pleased to announce the successful issuance of the Grasceta gold exploration licence, located in southern Tuscany, Italy. The acquisition of the 8 square kilometre Grasceta licence, which adjoins the Company’s Frassine licence, is part of the Company’s strategy to build a portfolio of European gold projects with potential to host multi-million ounce deposits. Medgold has commenced exploration in the area with field crews undertaking detailed mapping, grid-rock sampling and channel-chip sampling. Results[…]

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