Stratex ties up with Thani Emirates

Stratex International, the Aim-quoted gold and base metals miner, yesterday said it plans to form a new company for its East African assets with UAE-based Thani Emirates Resources Holdings. “The new company will initially focus on drilling the Pandora epithermal system in Djibouti as well as advancing key projects in Egypt that show potential for large Sukari-like gold deposits,” said Stratex executive director David Hall.