20th Oct 2015 07:20
LONDON (Alliance News) - Stratex International PLC on Tuesday said the first gold pour at the Altintepe project in Turkey is now imminent.
Stratex said that following completion of construction at the project last month, loading of the first lift to the heap leach pad is complete, with the first gold pour to happen in two to three weeks.
Stratex owns 45% of the project, with the rest held by joint venture partner Bahar Madencilik.
"Our partners have continued to focus fully and very professionally on development of the mine and are now in the final phases of hot commissioning. We look forward to announcing first gold pour in due course," said Bob Foster, Stratex's chief executive.
Shares in Stratex were up 13% to 2.20 pence early Tuesday, one of the best performers in the AIM All-Share.
By Sam Unsted; [email protected]; @SamUAtAlliance
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