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All Penny News: Medgold Resources and Centerra Gold Strike Deal for Interest in Portugal Gold Project


Mississauga, ON -- (SBWIRE) -- 12/09/2014 -- Media, Inc. ( announces its latest article titled "Medgold Resources and Centerra Gold Strike Deal for Interest in Portugal Gold Project."

Companies mentioned in this article include Medgold Resources Corp. (TSX-Venture:MED), Centerra Gold Inc. (TSX:CG) and Klondike Gold Corp. (TSX-Venture:KG).

Article Excerpt:

To some, the mention of gold in Portugal sparks a debate about monetary bailout for a country mired in debt, or World War II, so-called Nazi gold and stockpiles of bullion said to be locked in vaults at the Bank of Portugal on the aptly-named Gold Road in Lisbon estimated in 2011 to be in excess of $18 billion, as discussed in the Wall Street Journal and Time.

To others, it has nothing to do with wolfram and gold swapping; it means actual gold mining in Spain's neighbor.

Portugal is a focal point for Vancouver-based Medgold Resources Corp. (TSX-Venture:MED), with two advanced exploration projects in the northern part of the country and two other grass roots projects. Medgold also has one early-stage project just north of Portugal in Spain. Following a $1.65 million capital raise in February, the company has been advancing its Lagares, Vila de Rei and Ponte da Barca exploration projects, which cover over 1,000 square kilometers in Portugal.

The full version of this article can be found at:

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