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Stratex International

  • BY: Andrew Hore |
  • POSTED: 04/02/2013 |

Stratex international has identified three new epithermal gold veins at its 95%-owned Blackrock project in Afar province, Ethiopia.

The gold veins are in the Airstrip and Calcite zones in the northern part of the licence.

A further phase of drilling has started and the initial focus is the newly discovered Abyssinia vein in the Airstrip zone.

Stratex is considering new opportunities that it has been offered in Ethiopia.

At 5.13p a share, Stratex is valued at £24m.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFJanuary2013_40.pdf

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