Stocks in Play: Medgold Resources Corp - InvestingChannel

Stocks in Play: Medgold Resources Corp

Thursday, November 28, 2019

11:52 AM EST – Medgold Resources Corp : Announced the results of metallurgical testwork completed in respect of sample composites obtained from the Barje prospect at its Tlamino Project in southern Serbia. The Company also reports final results of its 2019 drilling at the Karamanica prospect. Bulk rougher flotation tests were performed on two composite samples formed of 50.39 kg of analysis coarse-reject material from the Company’s 2018 drilling program at the Barje prospect. Sample composites were derived from intervals containing hydrothermal breccia, representing relatively high-grade gold mineralization. The composite samples, with head grades of 2.02 g/t Au and 7.87 g/t Au, yielded gold recoveries to concentrate of 88.2% and 90.5% respectively. The same composite samples demonstrated silver head grades of 12.12 g/t Ag and 82.45 g/t Ag and yielded silver recoveries to concentrate of 88.2% and 96.4% respectively. Medgold Resources Corp (V.MED) shares were down $0.005 at 0.065.

Stocks in Play: Medgold Resources Corp, Thu, 28 Nov 2019 11:57:59 EST