Stratex International PLC Crusader Resources announces JORC Update (8603L)
July 24 2017 - 2:49AM
UK Regulatory
TIDMSTI
RNS Number : 8603L
Stratex International PLC
24 July 2017
Stratex International Plc / Index: AIM / Epic: STI / Sector:
Mining
Stratex International Plc
('Stratex' or 'The Company')
Crusader Resources announces JORC Update
As part of a proposed acquisition announced on 18 May 2017,
Stratex International plc, the AIM-quoted gold exploration and
development company, announces that Crusader Resources Limited
("Crusader") has published an updated Borborema Mineral Resource
Estimate and Ore Reserve under the 2012 JORC code. This meets the
requirements of the Australian Securities Exchange ("ASX") and the
Australian Securities and Investments Commission for the purposes
of admitting Stratex CHESS depositary interests to trading on the
ASX following completion of the Company's acquisition of
Crusader.
The full text of Crusader's announcement, including all
disclosures required by JORC 2012, can be found at
www.crusaderresources.com.
* * 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 / Claire Bay
Grant Thornton UK LLP Tel: +44 (0)20 7383 5100
Philip Secrett / Samantha Harrison / Daniel Bush
Hannam & Partners Tel: +44 (0)20 7907 8500
Neil Passmore/ Andrew
Chubb
Camarco Tel: +44 (0)20 3757 4980
Gordon Poole / Nick Hennis
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 owns 15% of a copper-gold
project at feasibility stage and an exciting exploration project in
Senegal. The Company also has significant interests in Goldstone
Resources Ltd, Thani Stratex Resources Ltd and Tembo Gold Corp. for
their exploration projects in Ghana, Djibouti and Egypt, and
Tanzania respectively.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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