Stratex International PLC (AIM: STI) said given the positive early drilling results from its Öksüt gold project in Turkey, it will be a particularly important focus for its exploration activities during 2009.
In a statement to shareholders at the company’s AGM, chairman David Hall said Stratex is also committed to developing Altintepe and Inlice and is actively seeking joint-venture partners to undertake feasibility studies with a view to moving into production as rapidly as possible.
“Whilst Turkey remains our key focus and provides significant opportunities, ... we are reviewing a number of projects in other geographical areas that fit our investment criteria, and although these are challenging times, we see considerable potential to grow during the coming months,” Hall added.