For further information please contact our Media Relations:
Camarco
107 Cheapside
London
EC2V 6DN
Tel: +44 (0) 20 3757 4980
Stratex International Plc / Index: AIM / Epic: STI / Sector: Mining
Stratex International Plc
(“Stratex” or “the Company”)
Operations in Turkey
Stratex International Plc, the AIM-quoted exploration and development company focused on gold and base metals in Turkey and West Africa, is pleased to advise that, following the recent disturbances in Turkey, all personnel are safe and well and that there has been no impact on the Company’s operations in the country.
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For further information please visit www.stratexinternational.com, email [email protected], or contact:
Stratex International Plc |
Tel: +44 (0)20 7830 9650 |
Bob Foster / Christopher Hall / Claire Bay
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Grant Thornton UK LLP |
Tel: +44 (0)20 7383 5100 |
Philip Secrett / Jen Clarke / Daniel Bush
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Hannam & Partners |
Tel: +44 (0)20 7907 8500 |
Neil Passmore
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Notes to Editors:
Since listing in 2006, Stratex has discovered more than 2.2 million ounces of gold and 7.09 million ounces of silver, as well as 186,000 tonnes of copper. The Company achieved first gold pour at its 45%-owned Altıntepe gold mine in Turkey in November 2015 and recently sold its 1% Net Smelter Returns royalty in the Öksüt gold project for US$4.5 million. It also owns 14.87% of a copper-gold project at feasibility stage. With its current cash position, projected cash returns and no debt, the Company is well-placed to advance its existing exploration programmes and is also actively seeking to acquire advanced projects that are at the drill-ready stage or even have identified resources.
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