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Takara Resources Lower; Claims to a Portion of Arakaka Gold Project Challenged

Takara Resources Inc. (TKK.V) is lower today at 5 cents a share with the company saying title to two of its properties at the Arakaka gold project in northwest Guyana are being challenged by a third party. Takara has initiated legal actions to assert its claim.

Data analysis and other work, including following up on targets identified by the prior operators, are now underway. According to the company, the property contains several historical open pits that have been mined since the early 1900s and require further exploration.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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