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CANADIANS LOOKING FOR GOLD IN THE MUNICIPALITY OF MEDVEDJA

1. August 2014.

The Canadian companies “Avala Resources” and “Danube Minerals”, which are daughter companies of the Canadian companies that are listed on the Toronto Stock Exchange, said that they had signed an agreement on their integration.  Both parent companies had already funded the local geological and exploration projects in Serbia, which they would continue doing in the coming period, too.  

These companies are engaged in research projects related to the potential new resources of gold , so that the” Danube Minerals” Company recently confirmed it had discovered the resource of 1.25 million tons of copper and 120 tons of gold in Tulare, which is situated in the municipality of Medvedja.  

Source: The Evening News daily and Coordination Body