VANCOUVER, BRITISH COLUMBIA–(Marketwired – May 10, 2017) – Medgold Resources Corp. (TSX VENTURE: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.
