Stratex International PLC Goldstone Announces Interim Results (1865K)
19 September 2016 - 6:28PM
UK Regulatory
TIDMSTI
RNS Number : 1865K
Stratex International PLC
19 September 2016
Stratex International Plc / Index: AIM / Epic: STI / Sector:
Mining
Stratex International Plc
('Stratex' or 'the Company')
Goldstone Announces Interim 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 interim results for the six month period ended 30
June 2016.
Goldstone also announced the appointment of Richard Lloyd as an
Independent Non-Executive Director with immediate effect, replacing
Andrew Bell who has resigned as a director of the company.
The full text of these announcements by Goldstone can be found
at
http://www.goldstoneresources.com/investors/news-releases.html.
* * ENDS * *
For further information please visit
www.stratexinternational.com, email info@stratexplc.com, or
contact:
Stratex International Tel: +44 (0)20 7830 9650
Plc
Marcus Engelbrecht / Christopher Hall / Claire
Bay
Grant Thornton UK LLP Tel: +44 (0)20 7383 5100
Philip Secrett / Jen Clarke / Daniel Bush
Hannam & Partners Tel: +44 (0)20 7907 8500
Neil Passmore
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
as at 30 June 2016, the Mine had generated revenues of US$33.39
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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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