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Article: Pan American Gold buys interest in gold mining concessions. (Bolivia, South America)
- Article from:
- PR Newswire
- Article date:
- August 4, 1987
CopyrightCOPYRIGHT 1987 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PAN AMERICAN GOLD BUYS INTEREST IN GOLD MINING CONCESSIONS
INDIALANTIC, Fla., Aug. 4 /PRNewswire/ -- Pan American Gold, Inc. (OTC), of Indialantic, Fla., announced its purchase of a 25 percent interest in two gold mining concessions, known as the Masapa Concessions, consisting of approximately 1,000 acres situated in the Tipuani region of Bolivia, South America, a known successful gold mining area 100 kilometers north-northwest of the capital city of LaPaz.
The company has received a report to the effect that an extensive drilling, blocking and essay program has established 4,166,666 cubic yards of proven mineral ore reserves and approximately ...