The Konya Project is located in the Erenler Dağı (Erenler Mountains, aka Konya Volcanic Belt), 245 km south of Ankara and 35 km west-south-west of the city of Konya. The Konya Volcanic Belt hosts the Company’s Inlice and DoÄŸanbey projects and Stratex has a total of 31 licences covering an area of 37,480 hectares.
In addition to Doganbey, early-stage exploration within the Konya belt has generated a number of other new porphyry-style targets - Karacaören, Doğanbey South, Gölcük, and Közlu (Fig. 1). Initial RC drilling at Karacaören, Doğanbey South, and Gölcük has confirmed that the Karacaören and Doğanbey South are gold-bearing porphyries (Table. 1). The fourth porphyry system at Közlu, 3 km south-east of Karacaören, is yet to be drilled but comprises intrusive breccia carrying porphyry fragments cut by porphyry-type veinlets containing anomalous gold - up to 39 ppb Au, with 129 ppb Au recorded in the altered wallrocks.
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| Hole | Dip | Depth (m) | From (m) | Width (m) | Au (g/t) |
| DoÄŸanbey South | |||||
| DOSRC-01 | -060° | 155.00 | 134.00 | 155.00 | 0.17 |
| Gölcük | |||||
| GOLRC-01 | -060° | 252.00 | No significant intersection >0.1 | ||
| GOLRC-02 | -060° | 124.00 | No significant intersection >0.1 | ||
| Karacaören | |||||
| KAORC-01 | -060° | 179.00 | No significant intersection >0.1 | ||
| KAORC-02 | -060° | 130.00 | 4.00 4.00 |
34.00 102.00 |
0.17 0.11 |
| KAORC-03 | -060° | 205.00 | 0.00 104.00 |
170.00 66.00 |
0.12 0.18 |
| KAORC-04 | -060° | 221.00 | 82.00 182.00 |
70.00 39.00 |
0.27 0.12 |
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Independent Consultant Richard Sillitoe has compared the Miocene-age (4-10 Ma) Konya Belt to the Maricunga district in Chile, which had no known gold mineralization prior to 1980 but as a result of subsequent exploration is now known to host reserves and resources in excess of 40 million oz gold.
