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Stratex receives lift from affiliate's drilling results at Egyptian gold prospect

Additional flat-lying gold zones have been confirmed at the Anbat project in Egypt.
Gold nuggets
Three holes have confirmed the newly-interpreted geometry of a near-surface, flat-lying gold-mineralised zone to the east side of an identified mineralised intrusion

Thani Stratex Resources, in which Stratex International plc (LON:STI) has a 30.4% stake, has reported further encouraging drill results from the Anbat project in Egypt.

Highlights include 227 grams per tonne (g/t) gold from a 1.25 metre (m) section; 4.85m at 1.99 g/t; and 32.35m at 1.48 g/t, including 18.2m grading 2.26 g/t.

Shares in Stratex rose 4% to 1.77p on the news.

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September 01 2016

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