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Stratex to Drill for Ethiopia Gold, Silver

Investing News Network
Feb. 21, 2011 11:45AM PST
Silver Investing

Reuters reports that Stratex International Plc plans to start drilling for gold and silver in later this year in northern Ethiopia.

Reuters reports that Stratex International Plc (LON:STI) plans to start drilling for gold and silver in later this year in northern Ethiopia.

The market news is quoted as saying:

Stratex said it had acquired 75 percent of the AbiAdi project in northern Ethiopia from Ethiopia’s Loz-Bez Ltd.

David Hall, executive director of Stratex, said geologists had found a significant corridor of high-grade gold-silver deposits.

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