Askari Targets 77Mt Resource Expansion at Namibia’s Uis Project and Gold in Ethiopia
Askari Metals is advancing its African exploration strategy with detailed field campaigns targeting tin, tantalum, and gold mineralisation in Namibia and Ethiopia, while evaluating strategic acquisitions to bolster its portfolio.
- Commencement of detailed soil sampling and mapping at Namibia’s Uis Project targeting tin and tantalum
- Exploration planning underway for gold projects in Ethiopia’s Adola Greenstone Belt
- Use of in-house LIBS technology for rapid on-site sample analysis
- Due diligence in progress for acquiring an advanced brownfields gold project in Ethiopia
- Focus on leveraging strong commodity prices and strategic African assets
Expanding Exploration in Namibia’s Uis Project
Askari Metals Limited (ASX – AS2) is intensifying its exploration efforts in Africa, with a renewed focus on its Uis Project in Namibia. The company is preparing for a comprehensive field campaign at EPL 7626, adjacent to the operating Uis Tin Mine. This campaign will include a licence-wide soil geochemical sampling program on a refined 400 x 40m grid, alongside mapping and rock chip sampling. The objective is to identify buried lithium-caesium-tantalum (LCT) pegmatites and extend known tin and tantalum mineralisation across the licence area.
Notably, Askari plans to deploy its in-house Laser-Induced Breakdown Spectroscopy (LIBS) and pellet press equipment to expedite sample analysis on site, enhancing cost efficiency and turnaround times. This approach underscores the company’s commitment to leveraging technology for high-impact exploration.
Strategic Gold Exploration in Ethiopia’s Adola Greenstone Belt
Parallel to its Namibian activities, Askari is advancing exploration planning for its recently acquired gold projects within Ethiopia’s prolific Adola Greenstone Belt. The portfolio includes the Sakaro, Sakaro West, Lega Dembi South, Megado, and Wayu Boda projects, all situated in a region with a rich history of gold production and significant geological potential.
Initial exploration will focus on soil sampling, geological mapping, rock sampling, and trenching to delineate zones of anomalous gold mineralisation. The company is also conducting due diligence on an advanced brownfields gold project in Ethiopia, aligning with its strategy to build a diversified and robust African mineral portfolio.
Capitalising on Commodity Market Dynamics and Regional Potential
Askari’s Executive Director, Gino D’Anna, highlighted the company’s positioning to benefit from favourable commodity price conditions, particularly for tin, tantalum, and gold. The proximity of the Uis Project to the operating Uis Tin Mine, which hosts a JORC-compliant resource of over 77 million tonnes with significant lithium, tin, and tantalum grades, adds strategic value to Askari’s exploration efforts.
Meanwhile, the Adola Greenstone Belt projects tap into a historically productive gold province, with nearby mines like Lega Dembi having produced millions of ounces of gold. Recent reconnaissance work has confirmed the presence of prospective quartz veins and copper staining, suggesting polymetallic potential that warrants further systematic exploration.
Looking Ahead
As Askari Metals progresses its field programs and acquisition evaluations, the company aims to demonstrate leadership in African exploration. The integration of modern exploration techniques and strategic asset acquisitions positions Askari to unlock value in key mineral provinces while responding to evolving market opportunities.
Bottom Line?
Askari Metals is poised for a pivotal phase of growth as it advances exploration and acquisition plans across Africa’s rich mineral belts.
Questions in the middle?
- What initial assay results will emerge from the EPL 7626 soil sampling campaign?
- How will the due diligence on the advanced Ethiopian gold project influence Askari’s portfolio strategy?
- What timelines are anticipated for commencing drilling and further resource definition at these projects?
