Stratex to Drill for Ethiopia Gold, Silver

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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