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Askari Metals Updates Mineral Resource Estimates for Burracoppin Gold Project

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Askari Metals Updates Mineral Resource Estimates for Burracoppin Gold Project

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

Askari Metals Limited has released an addendum to its annual report, providing updated information on its mineral resources. The company reported an increase in its inferred resources at the Burracoppin Gold Project, attributed to a lower cut-off grade of 0.55g/t Au compared to the previous year’s 0.85g/t Au. This adjustment reflects current gold prices and recovery rates, enhancing the project’s potential value. Askari Metals emphasizes its commitment to governance and internal controls in resource estimation, ensuring compliance with industry standards and the 2012 JORC Code.

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 engaged in gold mining, with a significant project being the Burracoppin Gold Project.

Average Trading Volume: 2,041,050

Technical Sentiment Signal: Sell

Current Market Cap: A$8.39M

See more data about AS2 stock on TipRanks’ Stock Analysis page.

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