A loss of $2.4 million was reported by Total Energold (TSE) on net sales of $13.1 million for the 1991 first quarter, compared with a loss of $1.7 million on sales of $9.2 million for the first three months of 1990.
The company is directly and indirectly involved in the mineral and oil and gas resource sectors. Total Energold’s U.S. mining subsidiary, Plexus Resources (TSE), reported production of 3,686 oz. gold for the period from its interest in the Denton-Rawhide mine in Nevada.
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