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AIM-quoted Stratex International (STI) may be trading at only two-thirds of its 5p stock market float price of eight years ago, but the company sounds undeterred as it prepares for key developments at gold and base metal projects in Africa and Turkey. With backers including major mining groups AngloGold Ashanti and Teck Resources, Stratex says it is looking out for new deals and awaiting imminent drilling results from its 75 per cent-owned Dalafin gold project in the West African state of Senegal. Preliminary work showed grades ranging from a low 1.51 grams of gold per tonne of ore to 10.47 grams a tonne.
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