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Stratex says a few tweaks required to Anbat maiden resource estimate

Thani Stratex is working on rectifying a couple of “deficiencies” with the maiden resource estimate it reported on Wednesday
gold mineralisation
Stratex will have a 30.1% stake in TSR once its recent investment formally goes through

Stratex International plc (LON:STI) has said its investee company, Thani Stratex Resources, might need to make a few tweaks to the maiden resource estimate it published on Wednesday for the Anbat gold project in Egypt.

TSR declared a maiden resource of 209,000 ounces of gold in yesterday’s statement but Stratex said there were some “deficiencies” with respect to JORC public reporting requirements.

READ: Stratex drill programme unearths maiden gold resource at Anbat

Stratex added that “material technical disclosure was not provided for review by the CSA Global prior to its release”.

“It is understood that this is being rectified and that TSR will be making a further announcement in due course,” read Thursday’s update.

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Stratex International plc Timeline

Newswire
November 07 2017

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