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Askari Metals Limited ( (AU:AS2) ) just unveiled an update.
Askari Metals Limited has identified high-grade copper mineralization at the Katta Target within the Nejo Gold Project in Ethiopia. The project, located on the Arabian-Nubian Shield, shows significant potential for copper and gold, with historic drilling revealing substantial copper deposits. Despite the promising findings, there has been limited systematic exploration, presenting an opportunity for Askari Metals to advance the project through modern exploration techniques. The company aims to fast-track the Nejo Project towards a maiden JORC resource, enhancing its position as a major African gold and copper developer.
More about Askari Metals Limited
Askari Metals Limited is a company operating in the mining industry, focusing on the exploration and development of gold and copper projects. Their primary market focus is on the Arabian-Nubian Shield in Central-Western Ethiopia, a region known for its mineral-rich frontier belts.
Average Trading Volume: 1,081,458
Technical Sentiment Signal: Sell
Current Market Cap: A$3.64M
See more data about AS2 stock on TipRanks’ Stock Analysis page.