www.stratexinternational.com
Stratex International is an exploration and development company focusing on gold and high-value base metals. The company objective is to be a leading-edge and innovative explorer whilst creating revenue from gold and base metal production via well-managed joint-ventures.
Since formation, Stratex has rapidly amassed a portfolio of high-potential exploration licences in Turkey and Ethiopia, primarily focussed on gold.
Stratex International gets Silvrex shareholder support for £4.7 mln offer
Stratex International (LON:STI) said the vast majority of Silvrex Ltd shareholders have accepted the offer Stratex made for the West Africa-focused gold group at the beginning of December.
Stratex told investors it has received acceptances from Silvrex Ltd shareholders representing 92.5 percent of the capital, and will now begin to buy out the minorities.
Stratex announced on December 2 that it it would pay up to £4.7 million for Silvrex – a private firm with a prospective gold portfolio in Senegal and Mauritania.
It already has gold assets in Turkey, Ethiopia and Djibouti, and this deal gives the firm exposure to what it described as a “relatively undeveloped region in West Africa”.
Silvrex’s prospective gold portfolio includes the 636-square kilometre Dalafin gold licence in eastern Senegal, which Stratex said is located in a prime mineral district that hosts several major gold mines and multi-million ounce gold deposits in similar geological environments. Silvrex also has four new licences in Mauritania – one of which is located within the same geological terrain as Kinross Gold Corporation’s 20-million ounce Tasiast gold deposit.
Stratex said that by three months of due diligence, it has confirmed the presence of gold-bearing veins and areas of gold-enrichment in soils at Dalafin. The firm now plans to accelerate exploration here.



















