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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





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

LISTEN: Stratex International (STI) - Final results

Click here

js8106455 - 31 Mar 2014 09:08 - 46 of 54

LISTEN: Stratex International (STI) - Approval of Altintepe Forest Permit

Click here

js8106455 - 12 May 2014 10:52 - 47 of 54

Stratex International - East Africa partnership has just been released.

Click here to listen

js8106455 - 16 Jul 2014 11:29 - 48 of 54

Listen: Stratex International - Significant gold mineralisation of Dalafin project

Click here to listen

js8106455 - 15 Oct 2014 15:35 - 49 of 54

Interview with Christopher Hall: Stratex International - Muratdere feasibility study update

Click here

js8106455 - 23 Dec 2014 12:03 - 50 of 54

Stratex International - Year end project and corporate update

Click here

js8106455 - 19 Jan 2015 09:23 - 51 of 54

Stratex International - Dalafin Update

Click here

js8106455 - 23 Feb 2015 08:37 - 52 of 54

Stratex International - Update on construction at the Altintepe gold project

click here

js8106455 - 06 May 2015 14:32 - 53 of 54

Stratex International, Analyst interview, Northland Capital Partners

click here

js8106455 - 25 Jun 2015 11:17 - 54 of 54

Stratex International - Altintepe gold project due for completion in Q3-2015

click here to listen
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