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Medgold Resources Corp.

12:08 PM EST - Medgold Resources Corp. : Announced results for the Karamanica Prospect, which is part of the Tlamino Project and located eight kilometres to the west of Medgold's flagship Barje Prospect. Assays from a recent soil sampling campaign define two large anomalies with consistent soil geochemistry with > 50 ppb Au-in-soil, within which are significant linear zones of >100 ppb Au. The highly anomalous soil geochemistry and favourable lithological units and fault structures demonstrate the high prospectivity of the Karamanica Prospect. Medgold Resources Corp. shares V.MED are trading down $0.025 at $0.17.