East African explorer Thani Stratex Resources (TSR), in which Aim-quoted Oriole Resources holds 26.1%, has secured funding for an accelerated exploration programme at its Djibouti projects over the next three years.
The funding was secured through a direct investment into joint venture company Thani Stratex Djibouti (TSD), which is 50:50 owned by TSR and African Minerals Exploration and Development (AMED) Fund II-controlled Nuture subsidiary Onyx.