11th Aug 2015 07:07
LONDON (Alliance News) - Stratex International PLC on Tuesday said mineralisation has been confirmed at the Dalafin gold project in Senegal.
Stratex said sheeted tourmaline-quartz veins and quartz-tourmaline breccias have been confirmed at the site. It is considering whether to undertake follow-up trenching at the project in the fourth quarter of 2015, with drilling to potentially start next year.
"The trenching, mapping, and sampling programme has confirmed the presence of a sizeable mineralised zone in the south-east part of the Madina Bafé prospect, which relates closely to a substantial structural zone identified from aeromagnetic data," said Chief Executive Bob Foster.
Stratex shares were up 1.2% to 2.125 pence in early trade.
By Sam Unsted; [email protected]; @SamUAtAlliance
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