About Us

Focused on the exploration and development of gold and high-value base-metal deposits, AIM-quoted Stratex International is active in Turkey and Senegal and has strategic interests in East Africa and Ghana. In the ten years since listing, Stratex has discovered more than 2.2 million ounces of gold and 7.09 million ounces of silver.

The Company has a successful record in forming joint venture partnerships with both local private companies and major international mining companies, including Antofagasta, Centerra and Teck in Turkey, and Thani Ashanti in East Africa. The Company has also attracted an impressive line-up of cornerstone investors, namely AngloGold Ashanti, Teck and BlackRock Investment Management.

The completion of the sale of its interest in the Öksüt gold project in Turkey in December 2012 for US$20 million cash and the sale of its 1% NSR royalty in December 2015 for a further US$4.5 million, together with the additional sales of 45 per cent and 51 per cent of its Inlice and Muratdere projects respectively, has enabled the Company to develop despite challenging market conditions. Imminent cash flow from production at its 45 per cent-owned Altintepe gold project in Turkey will provide further development capital for the company. 

The Company's strategy is utilising these funds to maximise returns for investors. The two key objectives are (i) a commitment to progressing majority-owned projects towards economic evaluation and development, and (ii) to take advantage of quality opportunities arising in the smaller exploration company sector.

The Company’s unconventional approach to risk is redefining the path to exploration success and the Board has already been presented with a number of opportunities to acquire assets from other companies that are finding financing via the equity markets challenging. Selective investment could transform a discovery into a resource, or an early stage resource into a project which has clear economic potential.

Stratex is well-funded relative to the majority of its peers and the Board remains focused on significant growth as it moves towards a sustainable cash flow from operations. The Company is well placed to move from a successful explorer to a strategic player.

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