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Stratex Intl (STI) price feed? (STI)     

Mr Turbot - 10 Jan 2008 15:53

Does anyone know what has happened to the price feed on STI
The website seems to indicate a current price of 8.75p

IanT(MoneyAM) - 10 Jan 2008 15:55 - 2 of 4

Mr Turbot,

Our suppliers are looking into this for us - it is a bit of a mystery at the moment, but as soon as we hear we will let you know,

Ian

skyhigh - 02 Mar 2010 11:27 - 3 of 4

anyone still in ?

Good news below released this morning.....

I bought in @4p back in Nov 09 on the back of the huge potential here...with all the good news / confirmations we've had since we really ought to be well on the way to the 10p target by now!...imho

Stratex International Plc ('Stratex' or 'the Company')
Announces Preliminary Gold Resource for Ortacam Zone, s Project, in Turkey

Stratex International Plc, the AIM-quoted exploration and development (E&D)
company focused in Turkey and Ethiopia, announces a preliminary in-house
resource at its s project, a high-sulphidation gold discovery located in the
Central Anatolia region of Turkey. The in-house resource estimate determined by
Stratex for the first zone to be drilled within the s project, the Ortacam
Zone, totalled 147,814 oz of oxide gold ('Au') at a cut-off grade of 0.2g/t for
all categories. The Company is currently exploring the s project in tandem
with its joint venture / option partner, Centerra Exploration B.V. ('Centerra'),
a wholly owned subsidiary of Centerra Gold Inc.

Highlights

Oxide-gold resource of 147,814 oz of oxide gold, estimated to JORC
standards, with an average grade of 1.21 g/t Au using a cut-off of 0.2 g/t Au
86% of the oxide gold resource is Indicated, the remainder being Inferred
o 2.88 Mt at 1.38 g/t for 127,825 oz Au within the Indicated category
o 927,970 t at 0.67 g/t for 19,989 oz Au within the Inferred category
The down-dip extension of the Ortacam Zone and a further four zones of
mineralisation containing anomalous gold values are currently the subject of
detailed evaluation by the Stratex-Centerra team with a view to prioritising the
2010 drilling programme

Stratex's CEO Dr Bob Foster said, "These preliminary resource figures are
extremely encouraging given that the Ortacam Zone is the first of a number of
highly gold-anomalous zones that outcrop at surface that we have drilled in
partnership with Centerra. Our understanding of the geometry and controls of
the mineralisation will undoubtedly improve with further drilling. Consequently
we have taken a conservative approach to the resource estimation and anticipate
that this will be expanded during 2010.

"Our drilling programme will continue to evaluate the near-surface oxide-type
mineralisation as we believe the s project has the potential to be developed
into a low-cost and economically viable heap-leach gold operation. The recently
defined gold resource is contained within steeply dipping breccia pipes that
exhibit intense oxidation down to depths of 100m. However, the real upside of
this project is the potential to identify a substantial sulphide-gold resource
associated with porphyry-style mineralisation beneath this ancient volcanic
centre.

"Even at this early stage and with our conservative approach to resource
estimation, we have added approximately 45oz of gold to our resource inventory
for every metre drilled at s."

Detailed Information

Following the completion of sixteen diamond drill holes during 2008 and 2009 for
a total of 3,352 m of drilling, Stratex has undertaken a preliminary in-house
gold resource calculation of the Ortacam Zone to JORC standards using the manual
cross-sectional method. The resource calculated for a cut-off grade of 0.2 g/t
Au and using a specific gravity of 2.3 tonnes per cubic metre for the oxide
material is:

Resource using 0.2 g/t Au cut-off
+-----------+-----------+-------+---------+--------+
| Category | Tonnes |Grade | Gold | % of |
| | | (g/t | (oz) | total |
| | | Au) | | |
+-----------+-----------+-------+---------+--------+
| | | | | |
+-----------+-----------+-------+---------+--------+
| Indicated |2,881,011 | 1.38 |127,825 | 86.5 |
+-----------+-----------+-------+---------+--------+
| Inferred | 927,970 | 0.67 | 19,989 | 13.5 |
+-----------+-----------+-------+---------+--------+
| | | | | |
+-----------+-----------+-------+---------+--------+
| Total |3,808,981 | 1.21 |147,814 | 100.0 |
+-----------+-----------+-------+---------+--------+

The oxide gold is contained within steeply dipping funnel-like breccia bodies
that appear to coalesce within a few tens of metres of the surface, and thus
potentially could host a larger tonnage of open-pittable oxide material than
could be reliably estimated from current drilling results. The breccia material
is pervasively oxidised, suggesting that it is very likely to be amenable to
heap-leach recovery of contained gold, although no metallurgical test work has
yet been undertaken.

Exploration drilling is scheduled to re-commence in Q2 2010, when weather
conditions permit. Prioritising of drilling is currently being considered by
the Stratex-Centerra team and potential targets include the combined
geochemical-geophysical anomaly located some 400 m south-west and down-dip of
the Ortacam Zone (reported 1 December 2009) and at least four other discrete
Ortacam-like zones of gold-rich silica containing circa 0.3 g/t Au identified
elsewhere within this highly prospective licence block.

Sampling, assaying and QA/QC

Stratex's sampling of drill core and outcropping rocks conforms to industry-wide
good practice, with drill core being split using a diamond saw, and with chain
of custody being observed for all samples. Analysis is undertaken by ALS Chemex
at its laboratories in Vancouver, Canada, and Romania, and the Company maintains
QA/QC on all analytical work via the use of certified reference materials, field
duplicates, and blank samples in addition to monitoring of internal laboratory
check-analyses.

CEO Dr. Bob Foster, FIMM, CEng, is a Competent Person as defined by various
international instruments and takes responsibility for the release of this
information.

js8106455 - 19 Nov 2012 10:44 - 4 of 4

Audio interview with Christopher Hall, Chairman of exploration company Stratex International, discusses the proposal to sell the Inlice project in Turkey. He confirms that plans are still underway to begin production on the Altıntepe project in 2013.

Click the link below to listen:

http://www.brrmedia.co.uk/event/106740/christopher-hall-chairman
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