Indochina Goldfields acquires remaining 20% interest of Bakyrchik gold mine in Kazakhstan.

PR Newswire | February 3, 1999 | Copyright

SINGAPORE, Feb. 3 /CNW-PRN/ - R. Edward Flood, President and Robert M. Friedland, Chairman are pleased to announce that Indochina Goldfields Ltd., today closed an agreement with GTL Resources PLC, formerly BKG Resources PLC, to acquire the remaining 20% interest it does not already own in the Bakyrchik gold mine in Kazakhstan.

GTL Resources has agreed to transfer to Indochina its 20% interest in the Bakyrchik gold project. As a result Indochina will own 100% of the Bakyrchik gold mine. As part of the transaction, GTL Resources also agreed to transfer their 85% ...

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