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Stratex International Plc

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Summary

Project:

Anbat

Deposit:Anbat
Location:Egypt
Commodities:Gold
Date:3/22/2017
Report Code:(no Code)
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:22-3-2017: Stratex International Plc announces an Exploration/Drilling Update report for its Anbat deposit at the Anbat project. Drilling results incl. 1.25m @ 227g/t Au from 128m. Thani Stratex Resources Limited ("Thani Stratex"), in which the Company ho
Resources:x
CP/QP:[Overall Report]: n/a (n/a)
ABSTRACT:Thani Stratex Resources Limited ("Thani Stratex"), in which the Company holds a 30.4% interest, has recently announced further drill results for its Anbat Project in Egypt. Following the announcement of initial results from its Anbat Project in Egypt (Stratex announcement dated 27th February 2017) Thani Stratex has reported results from four further diamond drill holes. Holes TDAND-003, -004 and -005 have confirmed the newly-interpreted geometry of a near-surface, flat-lying gold-mineralised zone to the east side of an identified mineralised intrusion, with visible gold observed in holes TDAND-004, 100 m to the west of TDAND-001, and TDAND-005, 50 m south of TDAND-001. The drilling has also identified additional deeper flat-lying zones of mineralisation. Thani Stratex has drilled one final hole in the current programme, TDAND-07, 300 m northwest of TDAND-05, for which results are awaited.

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