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Askari Metals Limited ( (AU:AS2) ) has shared an update.
Askari Metals Limited has announced high-grade copper mineralization at its Katta Target, based on historical exploration data from the United Nations Development Programme conducted between 1969 and 1973. The company has undertaken validation checks to ensure the reliability of this data, although it is not compliant with the JORC (2012) Code. The results are reported under Mining FAQ 36, and while deemed satisfactory for reporting purposes, further work may be required to meet JORC standards. This announcement could impact the company’s exploration activities and investor confidence, as it highlights potential high-value resources while also noting the need for further validation.
More about Askari Metals Limited
Askari Metals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction of copper, zinc, and gold, with a market focus on high-grade mineral deposits.
Average Trading Volume: 8,106,657
Technical Sentiment Signal: Hold
Current Market Cap: A$6.47M
See more data about AS2 stock on TipRanks’ Stock Analysis page.