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Stratex, GoldStone Find Two Potential New Gold Anomalies In Ghana

Thu, 21st May 2015 09:14

LONDON (Alliance News) - Stratex International PLC and Goldstone PLC Thursday said the auger sampling programme has been successfully completed over eight high-priority gold targets close to and along the strike from the Homase/Akrokerri gold deposit in Ghana which may have found two new gold discoveries.

A total of 1,332 auger holes were drilled to a maximum depth of three metres each, and results have indicated two potentially new zones of mineralisation, consisting of a 1,500 metre anomaly at the AK02 prospect, immediately south west and along strike of the Homase/Akrokerri deposit, and an 800 metre anomaly, the AK04 prospect, that may be an extension of AK02 prospect.

The companies said both newly discovered prospects show "immediate promise" to host additional bedrock gold mineralisation to potentially add to existing resources. Close-spaced infill auger sampling is underway to support future definition of drill targets.

Stratex has a 33.45% stake in the Homase/Akrokerri gold deposit whilst GoldStone holds the remaining stake.

Stratex shares were up 7.0% at 1.15 pence Thursday morning, while Goldstone shares were down 6.7% at 2.31p.

By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

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