Askari Metals Mobilises for High-Impact Exploration at Nejo Gold-Copper Project

Exploration Program Launches at Nejo

Askari Metals Limited (ASX, AS2) has officially commenced a regional exploration campaign at its flagship Nejo Gold and Copper Project in central-western Ethiopia. The program aims to systematically evaluate high-grade, shallow gold mineralisation along two prominent gold corridors; the Guliso and Guji-Gudeya Trends; while also investigating copper mineralisation at the Katta Target. Covering an extensive 1,174 square kilometres on the Arabian-Nubian Shield, the project is strategically positioned adjacent to significant gold mines, including the 1.7 million ounce Tulu Kapi Mine and the 3.4 million ounce Kurmuk Mine.

Targeting Proven Gold Corridors

The Guliso Trend, stretching approximately 10 kilometres, includes high-priority targets such as Soyoma, Dina, Chago, and South Chago. Historical trenching and drilling have revealed high-grade gold mineralisation near surface, yet these targets have seen limited systematic follow-up until now. Parallel to this is the Guji-Gudeya Trend, about 9 kilometres in strike length, featuring drill-ready targets Guji, Komto 1, and Komto 2. Previous work here also confirmed significant gold mineralisation, but with minimal exploration since.

Copper Potential at Katta Target

In addition to gold, Askari Metals is assessing copper mineralisation at the Katta Target in the project's northwest. Initial fieldwork is underway to validate earlier indications of high-grade copper mineralisation, potentially adding a valuable dimension to the project’s commodity mix. This dual focus on gold and copper aligns with the region’s known endowment and could enhance the project’s overall value proposition.

Leveraging Historical Data and Modern Techniques

Askari is building on a robust historical dataset comprising trenching, drilling, and geochemical surveys, which provides a strong foundation for targeted exploration. The company plans an integrated approach involving soil and rock sampling, geological mapping, and geophysical surveys, including an airborne program to better delineate mineralised shear zones beneath surface cover. This data-driven strategy aims to refine drill targets ahead of an initial drilling campaign scheduled for the fourth quarter of 2025.

Strategic and Sustainable Development Focus

Executive Director Gino D’Anna emphasised the company’s commitment to advancing the Nejo Project responsibly, highlighting ongoing engagement with local communities, government authorities, and regional partners. Askari Metals aims to foster transparent relationships and contribute positively to sustainable economic development in the Oromia region. The company is also establishing an Ethiopian office and implementing best practices for local employment and operational transparency.

A Pathway to Resource Definition

With multiple high-grade, drill-ready targets and a low geological risk profile, Askari Metals is positioning Nejo as a potential flagship asset. The project’s location within a globally significant greenstone belt, coupled with its proximity to established mines, supports a fast-tracked exploration and resource delineation timeline. The company’s near-term focus will be on delivering substantial exploration milestones that could pave the way for a JORC-compliant resource estimate.