REG - Stratex Int PLC Goldstone Resources - GoldStone Announces Interim Results <Origin Href="QuoteRef">GRL.L</Origin> <Origin Href="QuoteRef">STIL.L</Origin>

Goldstone ResourcesAnnouncement

30/09/2015 09:00

RNS Number : 6033A
Stratex International PLC
30 September 2015
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, announces that Goldstone Resources Limited ("Goldstone"; AIM: GRL) in which the Company holds a 33.45% interest, has today releasedits interim results for the 6 month period ended 30 June 2015. 
ThefulltextoftheannouncementbyGoldstonecanbefoundat
http://www.goldstoneresources.com/investors/news-releases.html. 
* * ENDS * *
Forfurtherinformationpleasevisitwww.stratexinternational.com,emailinfo@stratexplc.com, 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 / Melanie Frean / Jen Clarke 
Northland Capital Partners Limited
Tel: +44 (0)20 7382 1100 
Gerry Beaney / David Hignell
Abigail Wayne /John Howes (Broking)
Yellow Jersey PR Limited
Tel: +44 (0)7768 537739
Dominic Barretto
 
Notes to Editors:
Focused on the exploration and development of gold and high-value base metals, Stratex International is active in Turkey and Senegal and has strategic interests in East Africa and Ghana. Since listing on AIM in 2006, Stratex has had an impressive track record of successful exploration supported by joint-venture partnerships, both with major international mining companies and local companies to maximise the potential of its discoveries.
To date 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 has recently completed construction of its 45%-owned Altntepe gold project in Turkey and anticipates gold production before end of the year. Additionally a 1% production royalty capped at US$20 million will be due from the kst project, also in Turkey, with first production provisionally targeted for Q2-2017 by owners Centerra Gold. With its current cash position and projected cash returns, 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
DOCLLMITMBATBBA