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

Total Au resource now standing at over 800,000 ozs. At 50% production costs and 50% profit shareing sp could be 42.5p. IMO, DYOR.

Meia coment, click HERE

Comment on today's interims, click here

Update, click here

New gold zone discovered in Turkey

HERE

Morning Andy, picked a few of these up a couple of months back, things look a little interesting now, hoping for nice return soon

New article re STI, published today!

Click HERE


HI KKeith,

Yes STI are a longer term punt that will reward early investors, IMO.

Good morning Andy, thanks for the article
Keith

Update, click HERE

This is a good article for STI holders and followers!

Click HERE

Thanks Andy, am looking forward to what maybe a promising year
Keith

new article, click HERE

Great rise yesterday and more to come.

Gold price moving up this is a buy to 3p imo.

Finished the day blue bodes well for next week imo.

Small gold miners rising 50 /60% today.

New article, click here

New article,click HERE

On board as of now ... onwards and upwards..GL all

One for the UPS threat ....

STI 4.525p ( 4.45 / 4.60p )

Reason: On the up with volume as is moving into a BREAKOUT. Good Level 2 of 3 v 1. The CEO of this gold miner is the well respected Bob Foster who has 35 years of experience as a professional geologist. Stratex initially concentrated on Turkey but has been expanding into Ethiopia.