The DoÄŸanbey prospect was discovered by Stratex in mid-2006 following a geological mapping and sampling programme that focused on the first of many target areas (lithocaps) in the Konya Volcanic Belt. The target areas all demonstrated similar satellite-image (Aster) characteristics to those of the Company’s flagship Inlice gold discovery, for which a resource of 262,300 oz gold has already been declared.
At DoÄŸanbey, alteration, breccia bodies, and massive to vuggy silica were recorded over an area of approximately 2,000 m x 3,000 m, and anomalous rock values of gold (>25 ppb) and molybdenum (>5 ppm) were recorded over the same area. The maximum gold and molybdenum values were 680 ppb (0.68 g/t) and 327 ppm (0.0327 %) respectively.
Initial drilling (Fig. 1) has confirmed the presence of porphyry mineralization at depth, as suggested by porphyry-style veins outcropping at surface (Fig. 2).
Stratex has reviewed results from an airborne geophysical (magnetic) survey, together with the geology, wallrock alteration, and geochemical data, and have identified a number of further targets within the Konya Volcanic belt. Please see the 'Konya' section for more details. Stratex is currently seeking new partners to continue exploration of this emerging porphyry-gold district.
Exploration
Results from soil geochemical sampling has demonstrated that the area is strongly anomalous in gold, molybdenum, and other elements. Follow-up ground-based geophysical surveys (induced polarisation [IP] and magnetic) were completed on a 200 m x 100 m grid in August and September 2007. A strong IP chargeability anomaly was identified, indicating the presence of a chargeable body, possibly representing sulphide minerals. This was accompanied by positive magnetic anomalies, indicating the possible presence of the mineral magnetite. The dual anomaly encompassed outcropping porphyry mineralization (Fig. 2) and extended beneath a wide area of barren silica alteration.
Following a review of geochemical, IP and magnetic data, a high-priority target area of approximately 600 m x 800 m was defined. Three diamond drill holes were undertaken to investigate the coincident geochemical and geophysical targets (Table.1). Initial drilling has indicated gold grades of approximately 0.1 g/t Au associated with porphyry- and epithermal-style gold mineralization. This was followed-up with a further three RC drill holes.
| Hole | Dip | Depth (m) | From (m) | Length (m) | Au (g/t) |
| DODD-1 | -060° | 350.40 | 68.90 | 281.50 | 0.08 |
| DODD-2 | -060° | 449.85 | 175.95 | 273.90 | 0.13 |
| DODD-3 | -060° | 354.20 | 232.6 | 121.60 | 0.11 |
| DORC-01 | -060° | 66.00 | No significant intersection >0.1 | ||
| DORC-01A | -060° | 106.00 | No significant intersection >0.1 | ||
| DORC-02 | -060° | 240.00 | 84.00 | 38.00 | 0.10 |
