Stratex International Says Goldstone Finds More Gold in Ghana
November 11 2016 - 2:45AM
Dow Jones News
By Alex MacDonald
LONDON--Multi-metal explorer Stratex International PLC (STI.LN)
said Friday its 33%-owned GoldStone Resources Ltd. (GRL.LN) has
found more gold at its Homase/Akrokerri gold project in Ghana.
Following a 4,500 meter drilling program, Goldstone found 14
meters of ore containing 1.18 grams per tons of rock, and 8 meters
of ore containing 1.88 grams of gold per ton of rock.
Interpretation of the drilling program also found that the
complex structural zone between Homase and AngloGold Ashanti Ltd'S
(ANG.JO) Obuasi Mine is prospective.
Stratex has interests in gold and base metals projects in West
Africa and Turkey, where it holds a significant interest in a
producing gold mine.
Write to Alex MacDonald at alex.macdonald@wsj.com
(END) Dow Jones Newswires
November 11, 2016 02:30 ET (07:30 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
AngloGold Ashanti (NYSE:AU)
Historical Stock Chart
From Mar 2024 to Apr 2024
AngloGold Ashanti (NYSE:AU)
Historical Stock Chart
From Apr 2023 to Apr 2024
