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Stratex International Plc / Index: AIM / Epic: STI / Sector: Mining

 

Stratex International Plc

('Stratex' or 'The Company')

Crusader Resources announces JORC Update

As part of a proposed acquisition announced on 18 May 2017, Stratex International plc, the AIM-quoted gold exploration and development company, announces that Crusader Resources Limited (“Crusader”) has published an updated Borborema Mineral Resource Estimate and Ore Reserve under the 2012 JORC code. This meets the requirements of the Australian Securities Exchange (“ASX”) and the Australian Securities and Investments Commission for the purposes of admitting Stratex CHESS depositary interests to trading on the ASX following completion of the Company’s acquisition of Crusader. The full text of Crusader’s announcement, including all disclosures required by JORC 2012, can be found at www.crusaderresources.com.

 

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For further information please visit www.stratexinternational.com, email info@stratexplc.com, or contact:

 

 

Stratex International Plc

Tel: +44 (0)20 7830 9650

Marcus Engelbrecht / Claire Bay

 

Grant Thornton UK LLP

Tel: +44 (0)20 7383 5100

Philip Secrett / Samantha Harrison / Daniel Bush

 

Hannam & Partners

Tel: +44 (0)20 7907 8500

Neil Passmore/ Andrew Chubb

 

 

Camarco

Tel: +44 (0)20 3757 4980

Gordon Poole / Nick Hennis      

 

                                                           

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 owns 15% of a copper-gold project at feasibility stage and an exciting exploration project in Senegal. The Company also has significant interests in Goldstone Resources Ltd, Thani Stratex Resources Ltd and Tembo Gold Corp. for their exploration projects in Ghana, Djibouti and Egypt, and Tanzania respectively.

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