Ticker: TSX.V: MED
Project Stage: Exploration
Commodities: Gold, Silver
Medgold is a Balkan-focused TSX-V listed gold exploration company focused on the advancement of its resource-stage Tlamino Project in southern Serbia, which boasts an Inferred Mineral Resource containing approximately 680,000 oz AuEq in 7.1Mt grading 3.0 g/t AuEq at cut-off grade of 0.7 g/t AuEq, as reported by Medgold on January 30, 2020.
Serbia is a mining-friendly country with a long history of copper, lead, zinc and silver exploitation. Despite its prospectivity it has enjoyed relatively little gold exploration, which of course presents a highly attractive opportunity. The country is situated near the western end of the prodigious Tethyan Mineral Belt, which gives host to over 250 producing precious and base metal mines between Europe and Asia, and more locally the Bor district of eastern Serbia. The combination of highly prospective geology, under-exploration in regard to gold, advanced infrastructure, the availability of geoscientific data, modern mineral laws, and a highly educated population makes Serbia one of the most prominent emerging mining jurisdictions in the world.
Medgold is part of the Vancouver-based Gold Group of companies which
includes Fortuna Silver Mines and Radius Gold Inc. Our Board and Management teams comprise individuals with extensive history of financing and running public resource companies, defining resources, and in building and selling businesses of significant value. Medgold’s Executive Chairman, Simon Ridgway, is the principal of Gold Group and over the last 10 years he and his team have raised over $400 million to fund the exploration and development of mineral projects.
Medgold Resources Corp will share the latest updates about their projects during Mines and Money Online Connect Global. Register your free content pass to hear their presentation.