Geophysical Survey Underway at Medgold's Tlamino Project, Serbia

Medgold Resources Corp. (TSXV:MED) (the “Company” or “Medgold”) is pleased to announce that preminary results have been received for the first six lines of an 18 line ground induced polarization & resistivity geophysical survey at the Tlamino Project in southeastern Serbia. The survey results appear to show a significant chargeability anomaly, consistent over several hundred metres, close to surface and coincident with historical drilled mineralization at the Liska occurrence. The survey is ongoing and the anomaly appears to be flat-lying and trending towards the Barje occurrence, located approximately 1.5 km to the northeast, and host to high-grade outcropping Au-Ag mineralization.
As quoted in the press release:

Dan James, President of Medgold, commented: “We’re pleased with the progress of the survey at Tlamino. We have already identified a significant near-surface and flat-lying chargeability anomaly, which we interpret to be associated with the disseminated sulphide mineralization. We are particularly pleased as this anomaly demonstrates a clear association between chargeability and known sulphide-bearing mineralization, as identified from historical drilling at the Liska occurrence. The survey is progressing in a northeast-direction, towards our high-grade Barje occurrence, and so far is corroborating our proposed geological model of flat-lying mineralization, associated with a major regional detachment fault. We hope the survey may provide significant blind drill targets, between the Liska and Barje occurrences, which will be drill-tested in this summer.”

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