Stratex International

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  07/05/13

  Stratex reports strong start to 2013

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  23/04/13

  Stratex International shares rise as Oklila revealed as "truly exciting prospect"

  The Oklila prospect on the Afar joint venture has the potential to be a "significant" discovery, Stratex International told investors today.

  
  
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  18/04/13

  Stratex International receives cash from Inlice sale

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  26/03/13

  Stratex International agrees new Turkey exploration partnership with Centerra

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  22/03/13

  Stratex says successful 2012 marks a turning point

  Stratex International chairman Christopher Hall says the success of the past year marks a turning point in its philosophy and strategy.

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  21/03/13

  Stratex International boosts cash pile with Inlice sale

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  20/02/13

  Stratex International takes option on Liberia acreage

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  14/02/13

  Stratex International discovers new zone between its Pyrrha and Pandora veins

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  04/02/13

  UPDATE: Stratex International discovers three new veins in Ethiopia

  Stratex International said it has identified three new veins within the Airtstrip Calcite Zone of its  Blackrock Gold Project in Ethiopia. At the same time it reported that licence-wide channel-chip sampling returned some exciting results. Stratex also said that its phase-2 diamond drilling programme is now underway.

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  31/01/13

  UPDATE: Stratex International to target cash-strapped projects in strategy shift

  Junior gold explorer Stratex is to use its burgeoning cash pile to buy into advanced projects where funding is becoming a problem.

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  22/03/2013

  Stocktube video - Stratex International has the cash to take the company to the 'next level'

  Dr Bob Foster, CEO Stratex International (LON:STI), tells Proactiveinvestors that after a 'transformational year, the company now has the treasury to take the company to the next level. Bob talks about production in Turkey by end 2013 to 2014 and possibly enlarging the group's African assets by buying projects there to fast track other production.

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  07/05/13

  Proactive news summary, including ANGLE, Patagonia Gold, Afferro Mining and IMIC
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  07/05/13

  Broker Round-up part 2: Richland Resources, Afferro Mining, Iofina, Stratex International
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  07/05/13

  Today's Market View Including Afferro Mining, Stratex International, Sirius Minerals and Aureus Mining and others
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  27/04/13

  Proactive weekly mining news summary including Ncondezi Coal, Stratex International and Archipelago Resources
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  24/04/13

  Broker Round-up: Archipelago Resources, Stratex International, African Consolidated Resources, Dragon Oil, Summit Corporation

Stratex is an AIM-listed company currently focusing on the exploration and development of gold and high-value base metals in Turkey, East Africa and West Africa.

Formed in 2004 and listed in January 2006, 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, Ethiopia and Djibouti, and Senegal and Mauritania, as a result of the Company's informed and aggressive approach to terrane analysis and prospect identification.

The strategic intent is to maximize shareholder value through the continuing development of this focused portfolio. Revenues will be generated by:-

• Developing defined gold resources into mines via a production joint-venture agreement with Turkish civil engineering and contract mining company NTF; or
• Discovery of major new gold projects via joint-venture agreements with companies that have the technical and financial capabilities to put large resources into production. Those projects not meeting the +1 million oz gold resource requirements of major companies would be spun into the NTF JV, thus ensuring growth of the NTF-driven company into a significant gold producer; or
• Ongoing go-it-alone exploration to define new targets in Turkey, Ethiopia and Djibouti using the innovative exploration philosophies and techniques that have proved so successful to date and joint-venturing or selling resulting new discoveries to a third-party company whilst retaining a royalty payment based on future metal production.

Advanced gold exploration projects and defined JORC resources of 2.26 Moz gold and 7.9 Moz silver (on a JV-inclusive basis) offers the Company near-term exposure to development and production. In Turkey, Stratex is moving to gold production at the Inlice gold development project through its JV partnership with private Turkish company NTF Insaat Ticaret Ltd Sti, with first gold pour targeted for 2013.Altıntepe is also targeted to go into production by 2013 through the Company's JV partnership with private Turkish contract gold mining company Bahar Madencilik, subject to outcome of scoping and feasibility studies. Elsewhere in Turkey exploration is being fast-tracked at four key projects - Öksüt, Altunhisar and Hasançelebi (all gold) and the Muratdere (copper-gold-silver-molybdenum-rhenium) - though JV partnerships with major international companies Centerra Exploration B.V. (two projects) and Teck Madencilik Sanayi Ticaret A.S., and Lodos Maden Yatırım Sanayii ve Ticaret A.Ş., the wholly-owned mining investment company of a sucessful Turkish investment banking company, respectively. Stratex also has a Strategic Alliance Agreement with leading international copper company Antofagasta plc to explore for porphyry copper and other copper deposit-types in Turkey.

In Ethiopia and Djibouti, grassroots exploration has identified multiple gold prospects in northern Ethiopia and an extensive new gold district in the Afar Depression that has attracted Thani Ashanti, an AngloGold Ashanti joint venture company. Thani Ashanti is currently funding exploration of the first 11 licence areas in Ethiopia and Djibouti, the Afar Project. Following a recent investment at company-level, AngloGold Ashanti is also a substantial shareholder in Stratex. At Blackrock, a 100%-owned prospect in the northern Afar region, a total of 14 km of outcropping epithermal veins have been identified with surface grades of up to 60.4 g/t; with Phase 1 drilling now complete, Phase 2 drilling on the property will commence by Q1-2013.

Grassroots exploration is also underway at the Company's newly-acquired licences in West Africa, a region increasingly recognised as an important target for gold exploration.

 Christopher Hall - Non Executive Chairman

Bob Foster - Chief Executive Officer
 
 Perry Ashwood  - Chief Financial Officer

David Hall - Executive Director for East Africa

John Cole-Baker - Executive Director for West Africa

Peter Addison - Non-Executive Director

Bahri Yildiz - General Manager Turkey

 Franco Maranzana - General Manager Djibouti

For more information on Stratex's Directors & Management click here

Updated from Company website 28.08.2012