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Askari Metals Secures Strategic Gold Portfolio in Ethiopia’s Adola Belt
4:56am on Monday 2nd of June, 2025 AEST
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Mining
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Askari Metals Secures Strategic Gold Portfolio in Ethiopia’s Adola Belt
4:56am on Monday 2nd of June, 2025 AEST
Key Points
Acquisition of 460 km² gold projects in Ethiopia’s Adola Greenstone Belt
Projects located near multi-million-ounce deposits including Lega Dembi and Sakaro
Deal includes cash, shares, deferred payments, and a 1% net smelter royalty
Historic nearby exploration shows high-grade gold results up to 47 g/t
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Askari Metals (ASX:AS2)
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