Legendary Investments discovers large gold-antimony

AIM-listed investment company Legendary Investments' investee company, Medgold Resources Corporation has completed exploration at its wholly-owned Pietratonda licence in the Colline Metallifere of Central Italy.

The company reported that a total of 273 rock samples had been collected and a large gold-antimony anomaly had been outlined.

Antimony is a silvery-grey chemical element which occurs naturally in nature as a solid compound with sulphur.

The company added that clear drill targets had additionally been defined, which were designed to test mineralisation at depth.

Zafar Karim, Executive Chairman of Legendary Investments, commented: "Medgold's momentum continues to build and it remains on track towards its stated ambition to be the leading Mediterranean-focused gold exploration and project development company. We look forward to further progress."

Legendary Investments' share price was up 13.33% to 0.08p at 09:20 on Friday.

MF