Shares in Perth headquartered explorer Strike Resources Ltd have surged 34.7 per cent today following the company's announcement that it has entered into a binding agreement to acquire up to 51 per cent interest in two related iron ore projects.

Shares in Perth headquartered explorer Strike Resources Ltd have surged 34.7 per cent today following the company's announcement that it has entered into a binding agreement to acquire up to 51 per cent interest in two related iron ore projects.