Tan Range Exploration (ASE) says diamond-washing equipment is on its way to Tanzania in preparation for grade evaluation of the company’s concessions in the northern part of the country. The Vancouver-based company recently completed a $400,000 private placement.
— The board of directors of Naxos Resources (VSE) has approved the company’s acquisition of Inversiones Dos Cerros, a Venezuelan company with mining rights in the La Hojada alluvial diamond-gold concession. Dos Cerros is planning an exploration program to establish reserves on the concession and is negotiating mining leases for 14 concessions in the Santa Elena area.
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