A proposed foray into a Mexican gold project was aborted by Granduc Mines (TSE) because of international tax considerations and other matters that altered original expectations.
Granduc had planned to buy a 25% interest and fund its share of costs to develop La Choya, because of an encouraging initial inspection of the Sonoran property last June. Under current circumstances, the company decided against risking a substantial part of its assets in the proposed project.
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.
Be the first to comment on "LATIN AMERICA — Granduc drops La Choya project"