LONDON (Thomson Financial) - Stratex International Plc. said it is
approaching 1 million ounces (oz) of defined gold resources with the combined
resources of Altintepe, Inlice and Karaagac projects.
The company said it is approaching 1 million oz mark with the combined
resources from Altintepe of 497,687 ounces of gold, from Inlice of 262,300 oz
and from Karaagac with 156,798 oz.
The mining company said discussions are underway with third-party companies
to jointly progress towards mining of the oxide gold resource at its Altintepe
and Inlice projects.
CEO Bob Foster said: "Stratex is continuing its search for large porphyry
gold-copper and high-sulphidation gold systems in the wider Konya Volcanic Belt
in conjunction with our strategic partner Teck Cominco."
Aggressive exploration programmes also continue on a number of similar
volcanic belts elsewhere in central Turkey, Foster added.
Stratex International is an exploration and development company which
focuses on gold and base metal opportunities in Turkey.
TFN.newsdesk@thomson.com
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