Tag: #Serbia

Tethyan Resources starts met work at Kizevak

Tethyan Resources starts met work at Kizevak

Tethyan Resources (TETH.V) has sent two samples from its Kizevak project to the Mining and Metallurgy Institute in Bor, Serbia. The samples were collected from the two dominant systems on the Kizevak property: massive sulphide vein breccias and fracture fill mineralization. The samples will be subject to bench-scale flotation tests […]

Medgold Resources finds gold at Marrancos

Medgold Resources finds gold at Marrancos

Medgold Resources (MED.V) has released some sampling results from a chip channel sampling program at its Marrancos project in Northern Portugal. The exploration program was designed to test a set of quartz lenses, and after sampling 5.4 meters at 6.88 g/t gold and almost 13 meters of 2.71 g/t, it […]

Medgold is teaming up with Fortuna Silver to explore in Serbia

Medgold is teaming up with Fortuna Silver to explore in Serbia

Medgold Resources (MED.V) has signed an agreement with Fortuna Silver (FVI.TO, FSM) whereby the latter has invested C$1.5M in Medgold by purchasing 10 million units priced at C$0.15 per unit. Each unit consists of one common share and a full warrant allowing Fortuna Silver to purchase an additional share at […]

Columbus Copper is selling its Turkish assets

Columbus Copper is selling its Turkish assets

Columbus Copper (CCU.V) has announced it has reached an agreement with Teck Resources (TCK) whereby the latter will buy all of Columbus’ Turkish assets for a $1M consideration. A non-refundable $100,000 payment was due and this will help to ease the financial constraints at Columbus. As the company had already […]

Dunav increases resources and merges with Avala Resources

Dunav increases resources and merges with Avala Resources

Dunav Resources (DNV.V) has announced a resource update on its Kiseljak and Yellow Creek deposits in Serbia. The total resource estimate now stands at 2.8 billion pounds of copper and 2.2 million ounces of gold. The grade is relatively low (even for a copper-gold porphyry target) at 0.23% Cu and […]