Stratex International agrees tie-up with Antofagasta to explore Turkey for copper and gold

Stratex Internationinformacion de chancadora sj11 de zenithal has agreed a tie-up with a major partner, Antofagasta, to explore Turkey for copper-gold deposits.

The FTSE100 mining group will provide US$1 million for the first 16 months of reconnaissance exploration and beyond that it can pay in a minimum of US$250,000. Stratex will manage the initial target-generation and exploration work. "This is an exciting new development in our exploration focus, which builds upon our considerable expertise gained through working in Turkey over the past six years,” Statex chief executive Bob Foster said. He added: "Antofagasta is one of the world's largest copper producers with a proven record in exploration and project development and therefore its...