The Muratdere property comprises two licences covering a substantial granodiorite-porphyry system located 250 km west of Ankara. Geological mapping by Stratex has demonstrated that the porphyry system extends east-west for a distance of at least 4,000 m and has a width of between 200 m and 400 m. Mineralization consists of narrow magnetite- and sulphide-bearing quartz veins and disseminated sulphide minerals in the rock.
To date Stratex has drilled three diamond drill holes (Fig. 1), yielding a best intersection of 284.70 m at 0.30% Cu, 0.13 g/t Au and 0.013% Mo (Table. 1). All three holes intersected typical porphyry-hosted quartz vein-type stockwork mineralization partially overprinted by faulting and associated silicification. The results from MDD-3, drilled approximately 500 metres east of MDD-1 & 2, revealed a more strongly mineralized part of the porphyry system.
| Hole | From (m) | To (m) | Length (m) | Cu % | Au (g/t) | Mo% |
| MDD-1 | 0.00 | 110.80 | 110.80 | 0.25 | 0.08 | 0.036 |
| MDD-2 | 0.00 | 152.25 | 153.25 | 0.21 | 0.07 | 0.048 |
| MDD-3 | 0.00 | 284.70 | 284.70 | 0.30 | 0.13 | 0.013 |
| including | 36.00 | 62.75 | 26.75 | 0.39 | 0.20 | 0.013 |
