Askari Metals Completes Due Diligence on Nejo Project, Expands African Exploration

Askari Metals Limited ( (AU:AS2) ) has provided an update.

Askari Metals Limited has completed technical due diligence on its Nejo Gold and Copper Project in Ethiopia, a significant step towards finalizing its acquisition. The project, located on the Arabian-Nubian Shield, offers large-scale resource potential and positions Askari as a key player in the region’s gold and copper exploration. The company’s strategic focus on the Nejo project aims to unlock high-grade gold and copper resources, enhancing its market presence and exploration capabilities in a pro-mining jurisdiction.

More about Askari Metals Limited

Askari Metals Limited operates in the mining industry, focusing on the exploration and development of gold and copper projects. The company is expanding its African portfolio, particularly in Ethiopia, leveraging the Arabian-Nubian Shield’s significant mineral potential.

Average Trading Volume: 7,153,545

Technical Sentiment Signal: Sell

Current Market Cap: A$4.04M

For a thorough assessment of AS2 stock, go to TipRanks’ Stock Analysis page.