Stratex International makes progress on gold-copper project

Stratex International announced Thursday it would receive 1.7 million dollars in return for 51 per cent of its Muratdere gold-copper project in Turkey after receiving approval and transfer of the remaining Forest Permit.

Stratex International announced Thursday it would receive 1.7 million dollars in return for 51 per cent of its Muratdere gold-copper project in Turkey after receiving approval and transfer of the remaining Forest Permit.

The AIM-quoted exploration and development group said its total investment of $1.5m would return $2.2m and a 30% retained interest in a plus 51 million tonne copper-gold porphyry project following a feasibility study.

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