VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 16, 2015) - Medgold Resources Corp. (TSX VENTURE:MED), the European focused gold exploration company, is pleased to announce that it has reached an agreement with Koza Ltd. ("Koza"), a subsidiary of the Turkish gold mining company, Koza Altın İsletmeleri A.Ş., whereby Koza has been granted an option to acquire up to a 75% interest in Medgold's Boticas gold project in northern Portugal. Koza can earn an initial 55% interest in the project by spending CAD $3 million on exploration activities on the property over three years, of which $500,000 is committed to be spent in the first year. Upon completion of the initial $3m expenditures, Koza can earn an additional 20% interest by spending a further $3m on ex... [...]
Medgold Resources is pleased to advise that it has closed its previously announced non-brokered private placement by issuing 2,272,728 units at $0.11 per unit, for gross proceeds of $250,000. Each unit consists of one common share and one warrant, each warrant entitling the holder to purchase one additional common share of the Company at $0.16 for one year from closing. The Company also paid $660 cash and issued 42,000 [...]
Medgold Resources is pleased to announce that it proposes to arrange, subject to TSX Venture Exchange approval, a non-brokered private placement financing of up to 2.0 million units at $0.11 per unit, for proceeds of up to $220,000. Each unit will consist of one common share and one warrant entitling the holder to purchase one additional common share of the Company at $0.16 for one year from closing. The Company may pay [...]
Medgold Resources announces that its Board of Directors has determined that it is in the best interests of the Company to extend the expiry date of a debenture in the principal amount of $975,000 that was previously issued by the Company pursuant to a private placement. Accordingly, subject to TSX Venture Exchange acceptance, the expiry date of the debenture, which is convertible into 2,166,667 common shares at a [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 9, 2014) - Medgold Resources Corp. (TSX VENTURE:MED), the European-focused gold exploration company, is pleased to announce that it has granted to Centerra Gold Inc. (TSX:CG) the option to acquire up to 70% of the Lagares, Balazar, Castelo de Paiva and Valongo licences in northern Portugal (collectively the "Valongo Belt Property"). Dan James, the President of Medgold, said [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 2, 2014) - Medgold Resources Corp. (TSX VENTURE:MED), the European-focused gold exploration company, is pleased to announce high-grade gold results over broad contiguous intersections from a recent channel sampling program at the Lagares Gold Project in northern Portugal. Channel-Chip Sampling Highlights Management is extremely encouraged by the first round of channel [...]
Medgold announces that its Board of Directors has determined that it is in the best interests of the Company to amend the exercise price of certain common share purchase warrants issued in early 2014 pursuant to a private placement. In order to encourage exercise of the Warrants, the Warrant holders have been given the right, for a limited time, to elect to exercise up to 60% of their Warrants at an exercise price of [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 24, 2014) - Medgold Resources Corp. (TSX VENTURE:MED), the European-focused gold exploration company, is pleased to announce new high-grade gold results for its Ponte da Barca gold project in northern Portugal. Recent work has identified a mineralized structure outcropping over a strike length of 400 m with rock-chip sample results ranging from trace up to 35.3g/t, 25.0g/t [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 16, 2014) - Medgold Resources Corp. (TSX VENTURE:MED), the European-focused gold exploration company, is pleased to announce new high-grade gold results for its Lagares Gold Project in Portugal. New reconnaissance sampling, located 1 km north of the Castromil prospect, has yielded results from 0.016 g/t Au to 15.90 g/t Au. Seven rock-chip and rock-float samples were [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 3, 2014) - Medgold Resources Corp. (TSX VENTURE:MED), the European-focused gold exploration company, is pleased to announce new high-grade gold results for its Lagares Gold Project in Portugal. Highlights Underground sampling yielded a composite of 4.60m @ 36.17g/t Au, from three samples individually assaying at 44.90, 10.10 and 54.60 g/t Au. Surface channel-chip [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 13, 2014) - Medgold Resources Corp. (TSX VENTURE:MED), the European focused gold exploration company, is pleased to provide an exploration update on current exploration work its high-priority Lagares, Vila de Rei and Ponte da Barca exploration projects in Portugal. Medgold acquired Klondike Gold's Portuguese project portfolio in December 2013 (see news release dated [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 25, 2014) - Medgold Resources Corp. (TSX VENTURE:MED), the European focused gold exploration company, announces that its management has determined that it is in the best interests of the Company to extend the expiry date of certain private placement warrants previously issued by the Company. Accordingly, subject to TSX Venture Exchange acceptance, the expiry date of [...]
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