News

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[…]

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[…]

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[…]

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[…]

VANCOUVER, Dec. 11, 2012 /CNW/ – Emerick Resources Corp. (TSX-V: ERC.H) (“Emerick” or the “Company”) is pleased to announce that it has completed its reverse takeover (“RTO”) of Medgold Resource Ltd. (“Medgold”), a private European-focused gold exploration company. Subject to TSX Venture Exchange acceptance, the Company’s shares will trade under the name, Medgold Resources Corp. The newly merged company will explore for major gold deposits in the Mediterranean region, focusing on countries with a known history of gold production, and mining-friendly legal/fiscal codes. The Company’s project portfolio includes gold projects[…]