Stratex International plc (LON:STI) has revealed drilling results from an exploration programme being run by 30.1%-owned Thani Stratex Resources Ltd at the Pandora epithermal gold project in Djibouti.
Just under 2,200 metres of drilling was completed in 15 holes across the southern and central sections of the property.
Highlights included 3.95 metres at 4.49 grams per tonne gold, 8.68 metres at 1.36 grams and 6.87 metres at 4.45 grams.
"The initial drilling results reported for Pandora are exciting and confirm our confidence in the prospectivity of this project,” said Stratex's chief executive, Marcus Engelbrecht.
“Identifying these high grade intercepts during a maiden drilling programme is exceptional and I wish to congratulate the Thani Stratex team on the results."