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Stratex - defining a Gold resource in Turkey (STI)     

Andy - 25 May 2007 13:22



Stratex International is an exploration and development (E&D) company focusing on gold and other high-value base metals. The company objective is to be a leading-edge and innovative explorer whilst creating revenue from gold and base metal production via well-managed joint-ventures.

Formed in 2004, the company has been positioned to take advantage of the current paucity of exploration activities and the resultant projected shortage in supply of precious and base metals. Since formation Stratex has rapidly amassed a portfolio of high-potential exploration licences in central and western Turkey.

The strategic intent is to maximize shareholder value through the continuing development of this focused portfolio. Revenues will be generated by either developing the defined resource into a mine in collaboration with strategic partner Teck Cominco or selling the resource to a third party.

Stratex has a UK based board of directors, including Chairman, CEO, CFO and two non-executive directors with a head office in London. The Turkish operations are managed from offices in Ankara and include the country manager plus a team of geologists.

The current project portfolio is focused on gold targets in Turkey and covers ten licence blocks totaling approximately 1,073km2:-

Inlice - A new high-sulphidation gold discovery in a previously unexplored area. Current drill results indicate high gold values with a potential for a multi-million ounce mine. Resource drilling commenced at the beginning of 2007.


Doganbey - A new gold target within the Konya volcanic belt. Geology indicates a potentially large porphyry gold-molybdenum target.


Karaagac - A partially exposed gold-bearing zone extending over an area of approximately 3.5km2


Biga Area Three projects including the Dikmen and Ergama licence blocks in which porphyry gold prospects have been identified at surface.


Muratdere - A porphyry copper-molybdenum-gold occurrence that is exposed at the surface.


Hasanlebi Newly discovered high-sulphidation gold system similar to Inlice.
The Companys portfolio was reviewed in August 2006 by the then-Company nomad and broker, Hoodless Brennan to review the full report, please see the broker reports.

Stratex is engaged in an extensive drilling and exploration programme on these prospects. Highlights are as follows:-

Inlice - Early exploration drilling commencing in March 2006 led to reporting of excellent gold intersections and now continues as a combination of resource drilling and further exploration drilling during the Winter and Spring months of early 2007.


Doganbey Confirmed as a porphyry gold deposit. Drilling planned for Q2 2007.


Karaagac A combined programme of core drilling and RC drilling has been completed and the results are being evaluated.


Biga area Results of 2006 exploration currently under review.


Muratdere - Rock and soil sampling and mapping completed in 2006 with very positive results. Geophysical surveys and drilling planned for Q1/Q2 2007.


Hasanlebi Programme of stream sediment sampling, mapping, and outcrop sampling scheduled for Q2 2007.



recent announcement, click HERE





Andy - 12 Oct 2010 22:25 - 26 of 54

new article, click HERE

Master RSI - 13 Oct 2010 13:39 - 27 of 54

Further rise this morning, as some large trades at middle price now are being reported
so a good volume aswell 2.5M so far
spread 6.25 / 6.35p

Level 2 is 2 v 2

Master RSI - 21 Oct 2010 14:10 - 28 of 54

Had a retracement of 38.2% and today is bouncing back with volume

p.php?pid=chartscreenshot&u=fPUBDitCG2Vx

Master RSI - 21 Oct 2010 21:27 - 29 of 54

STI tipped on www.watshot.com, below some of it ......

Valuing the company solely on the basis of the firms Turkish assets, we see that the shares already look cheap despite the fact that it has joint venture agreements in place to develop much of its acreage and will take its projects forward at minimal financial expense to Stratex.
The current valuation is supported by a decent resource base, and Stratex also has net cash of 2.2 million. I expect interest in the shares to pick up in the coming months as we receive updates on the progress of the feasibility study at Inlice and the pre-feasibility study at Altintepe.
News of the proposed drill targets in Ethiopia and Djibouti should also keep investors on their toes, especially given that the current valuation fails to attach any value to these interests.
Speculative buy, at 4.5p.

mitzy - 26 Nov 2010 13:44 - 30 of 54

A superb share.

cielo - 11 Jan 2011 11:12 - 31 of 54

On the up after small retracement, has been doing that for some time.
and continuing with the uptrend
Very good level 2 of 5 v 1.

Chart.aspx?Provider=Intra&Code=STI&Size=Chart.aspx?Provider=EODIntra&Code=STI&Si

Andy - 02 Jun 2011 13:23 - 32 of 54

The directors of Stratex International (AIM: STI), Simba Energy (TSX-V: SMB), Gold One International (ASX: GDO) and Nostra Terra Oil & Gas (AIM: NTOG) will be presenting:

** Wednesday the 8th June 2011 **

VENUE: Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB (Charles Suite)

The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception.

REGISTER YOUR ATTENDANCE HERE: http://www.proactiveinvestors.co.uk/register/event_details/112

js8106455 - 25 Jul 2012 11:59 - 33 of 54

Found this audio interview with Bob Foster, Chief Executive Officer of Stratex International.

Really interesting interview, its well worth a click:

http://www.brrmedia.co.uk/event/99541/bob-foster-chief-executive-officer

js8106455 - 26 Mar 2013 10:40 - 34 of 54

Came across this interview

Click here

js8106455 - 31 Jul 2013 14:51 - 35 of 54

Listen to Startex International - Turkey update

Audio interview

js8106455 - 01 Oct 2013 16:37 - 36 of 54

Stratex International - To earn back to majority stake at Megenta - drilling commenced

http://www.brrmedia.co.uk/event/116768/christopher-hall-non-executive-chairman

js8106455 - 09 Oct 2013 11:57 - 37 of 54

LISTEN: Stratex International (STI) - Strategic investment in Tembo Gold corporation Startex

Click Here

js8106455 - 05 Nov 2013 11:46 - 38 of 54

LISTEN: Stratex International (STI) - West Africa exploration update

Click here

js8106455 - 18 Dec 2013 11:56 - 39 of 54

LISTEN: Stratex International (STI) - Positive drilling results from Dalafin project

http://www.brrmedia.co.uk/event/119477/?popup=true

queen1 - 18 Dec 2013 13:05 - 40 of 54

Very positive drill news today but the SP barely flickers...?

kayha - 20 Jan 2014 12:10 - 41 of 54

LISTEN: Dr. Bob Foster, CEO of Stratex International, discusses the Megenta drilling results

Click here to listen

kayha - 05 Feb 2014 17:56 - 42 of 54

WATCH: Dr Bob Foster, CEO of Stratex, provides an update at the Indaba conference in Cape Town

Click here to watch

kayha - 11 Feb 2014 11:26 - 43 of 54

LISTEN: Dr Bob Foster, CEO of Stratex International, discusses the expansion of the company's Liberia portfolio

Click here to listen

js8106455 - 17 Mar 2014 09:06 - 44 of 54

LISTEN: Stratex International (STI) - Final results

Click here

js8106455 - 18 Mar 2014 11:33 - 45 of 54

LISTEN: Stratex International (STI) - Final results

Click here
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