Electrum Metals Group Corp MGLDF

Primary Symbol: V.MED

Metals & Mining Gold

Medgold Resources Corp. is a Canada-based gold exploration company targeting early-stage properties in the Balkan region. The Company is engaged in the acquisition and exploration of resource properties. The Company holds three granted exploration licenses, including the Donje Tlamino and Surlica-Dukat licenses, which comprise the Tlamino Project, and the license called Zuti Kamen which adjoins the southern border of the Surlica Dukat license. The Tlamino Gold Project is located in southern Serbia, and includes three prospects: Barje, Liska and Karamanica. The Donje Tlamino license hosts the Barje prospect. Its exploration licenses, covering approximately 200 square kilometers, target gold-silver epithermal and gold-dominant porphyry systems associated with the Oligo-Miocene igneous belt in the central and southern parts of the country. The Company’s subsidiaries include Medgold Istrazivanja d.o.o., MGold International Ltd. and Tlamino Mining Ltd.

TSXV:MED - Post by User

Electrum Metals Group Corp > News out this morning

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Comment by HHAPPYon Jun 18, 2020 10:48am

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Post# 31164676

RE:News out this morning

I AM NOT SURE WHAT IS THE NEXUS OF THIS DEAL. IF THERE IS A POSSIBLE DEAL TO SELL THE PROJECT, IT MAKES SENSE FOR MED TO COMBINE WITH fORTUNA. BUT IF NO DEAL ACTUALLY EXISTS THEN MED COULD HAVE TO MAKE A DEAL UNDER STRESS OR LOSE THEIR HOLDINGS WITH NO PAYMENT! CORRECT ME IF I AM WRONG.

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