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Stratex International cheered by Tembo's 2014 drilling programme


Stratex International (LON:STI) has hailed results from the drilling programme at the Nyakagwe Village target on the Tembo gold project in Tanzania.

The company alerted shareholders to an announcement from the Toronto-listed Tembo Gold Corporation, in which it has a 12.9% stake.

Tembo said the best results included 35.14 grams per tonne (g/t) gold (Au) over 2.45 metres (m) from 53.35m at hole TDD0111, and 2.74 g/t Au over 8.50m from 53.00m at TDD0115.

Drill hole TD0111 confirms south-west extension of a recently identified north-east-trending zone of mineralisation that relates to a 1.8 km-long magnetic lineament, Tembo said.

“The 2014 drilling programme has once again returned promising results that confirm the potential for wide low-grade near-surface mineralisation and narrow high-grade mineralisation, and has further demonstrated the extensive hidden potential of the project in the numerous unexploited untested magnetic lineaments that are potential hosts to gold mineralisation," said David Scott, president and chief executive officer of Tembo.

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