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Medgold Resources Corp.

09:56 AM EST - Medgold Resources Corp. : Announced that the Company has selected a drilling contractor for a planned diamond drill program at the Tlamino project in Serbia. Drilling is scheduled to start at the end of July. A ground IP-resistivity geophysical survey is currently underway to outline potential anomalies for drill testing. Medgold Resources Corp. shares V.MED are trading unchanged at $0.21.