The French subsidiary of Golden Star Resources (TSE) has decided not to buy the Esperance gold property in the northwestern part of French Guiana.
Guyanor Ressources had an option agreement with current owner Compagnie Miniere Esperance (CME), under which it could buy the property for US$1.1 million.
Guyanor chose, instead, to pursue other opportunities in the country. These include the St. Elie, Yaou, Dorlin and Regina Est properties, and the Paul Isnard alluvial mine.
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