Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
You are now subscribed
Your newsletter sign-up was successful
Want to add more newsletters?
Twice daily
MoneyWeek
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
Four times a week
Look After My Bills
Sign up to our free money-saving newsletter, filled with the latest news and expert advice to help you find the best tips and deals for managing your bills. Start saving today!
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.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
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
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Average UK house price reaches £300,000 for first time, Halifax saysWhile the average house price has topped £300k, regional disparities still remain, Halifax finds.
-
Barings Emerging Europe trust bounces back from Russia woesBarings Emerging Europe trust has added the Middle East and Africa to its mandate, delivering a strong recovery, says Max King
