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Askari Metals Secures Strategic Gold Portfolio in Ethiopia’s Underexplored Adola Belt

3:42am on Monday 2nd of June, 2025 AEST Mining
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Askari Metals Secures Strategic Gold Portfolio in Ethiopia’s Underexplored Adola Belt

3:42am on Monday 2nd of June, 2025 AEST
Key Points
  • Acquisition of five gold projects covering 460 km² in the Adola Greenstone Belt
  • Projects located adjacent to Ethiopia’s major gold mines Lega Dembi and Sakaro
  • Historic high-grade gold results with rock chips up to 47 g/t Au
  • Consideration includes cash, shares, deferred payments tied to exploration milestones, and a 1% net smelter royalty
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