Aforo has banked US$225,000 of gross proceeds from the sale of the Cote d'Ivoire assets.
It has also signed an option for a joint venture regarding two old projects in Burkina Faso. It includes the Niare gold project, which has 98,000 ounces of estimated (non-JORC) gold resources.
Stratex owns 7.84% of Aforo, which continues to pursue an acquisitive strategy.
Bob Foster, Stratex interim chief executive, in a statement, said: “We note with interest Aforo's focus on Burkina Faso, a country that we regard as highly prospective and that still offers excellent opportunities for major discoveries.
“We look forward to further updates in due course."