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Askari Metals Limited ( (AU:AS2) ) has issued an update.
Askari Metals Limited has announced the commencement of Phase I field programs for its EPL 7626 license at the Uis Lithium Project in Namibia. The project is strategically located near the operating Uis Tin Mine and is highly prospective for polymetallic mineralization. The exploration activities will include mapping, rock chip sampling, and soil geochemical sampling to identify potential buried pegmatites. The company’s use of advanced remote sensing and in-house analysis tools aims to optimize exploration efficiency and speed up assay turnaround times. This initiative is part of Askari’s broader strategy, which also includes ongoing projects in Ethiopia and Tanzania, and highlights the company’s commitment to expanding its mineral resource base.
More about Askari Metals Limited
Askari Metals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with polymetallic mineralization, including tin, tantalum, rubidium, and lithium, with a market focus on projects in Namibia, Ethiopia, and Tanzania.
Average Trading Volume: 670,767
Technical Sentiment Signal: Sell
Current Market Cap: A$3.23M
For a thorough assessment of AS2 stock, go to TipRanks’ Stock Analysis page.