For thousands of other reports visit RSC's Mineral Intellingence Map
Medgold Resources Corp.
Summary
| Project: | Tlamino | |
|---|---|---|
| Deposit: | Barje-Liska | |
| Location: | Serbia | |
| Commodities: | Gold-Silver-Zinc-lead | |
| Date: | 9/18/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-9-2019: Medgold Resources Corp. announces an Exploration/Drilling Update report for its Barje-Liska deposit at the Tlamino project. Drilling results incl. 30.00m @ 0.11g/t Au, 8.33g/t Ag, 2.83% Zn, 1.12% Pb from 198.60m. Vancouver, Canada, September 18 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Thomas Sant (Not stated) | |
| ABSTRACT: | Vancouver, Canada, September 18, 2019 –Medgold Resources Corp. (TSX-V: MED) is pleased to announce that drilling of its high-priority Karamanica Prospect will commence in the current week. The Karamanica Prospect falls within the Tlamino Project (the “Project” or “Tlamino”) in southern Serbia, approximately 8km west of the BarjeLiska Prospect at which drilling by Medgold has been focused to date. Approximately 2,000m of diamond drilling is planned in this phase of work. The 2019 exploration program remains fully funded by Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (“Fortuna”) and directed by a joint Fortuna-Medgold technical committee pursuant to the terms of the Tlamino Option Agreement announced on March 7, 2017. In other news, results have been received from all 11 drill holes completed during Medgold’s 2019 drilling program at Barje-Liska. Drill hole locations and significant intervals are shown in Figure 1 and Tables 1 and 2, below. Intersected mineralization includes 32.35m at 3.48% combined Pb+Zn with 0.25 g/t Au in hole LIS006, and 30.0m at 3.95% combined Pb+Zn with 0.11 g/t Au in hole LIS007. The latter interval falls approximately 290m north of historically-reported mineralization at Liska (see news release dated March 21, 2019), suggesting a broad zone of Pb+Zn mineralization over a north-south interval in excess of 600m. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report