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Released 07:33 29-June-2016
Number 5965C

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

 

Stratex International Plc

('Stratex' or 'the Company')

Goldstone Announces Final Results

Stratex International Plc, the AIM-quoted exploration and development company focused on gold and base metals in West Africa and Turkey, where it holds a significant interest in a producing gold mine, reports that Goldstone Resources Limited (“Goldstone”; AIM: GRL), in which the Company holds a 33.45% interest, has today announced its final results for the year ended 31st December 2015. 

The full text of the announcement by Goldstone can be found at http://www.goldstoneresources.com/investors/news-releases.html.  

 

* * ENDS * *

 

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

 

Grant Thornton UK LLP

Tel: +44 (0)20 7383 5100

Philip Secrett / Jen Clarke / Daniel Bush

 

Northland Capital Partners Limited

Tel: +44 (0)20 3861 6625

Gerry Beaney / David Hignell (Corporate Finance)

Abigail Wayne / John Howes (Broking)

           

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 30% 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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