Askari Metals reports strong Phase 1 trenching results at its 100%-owned Uis Project in Namibia, confirming significant polymetallic mineralisation including tin, lithium oxide, tantalum, rubidium, and caesium. The company plans reverse circulation drilling in Q2 2026 to further define the resource.
- Phase 1 trenching confirms high-grade polymetallic mineralisation at DP Pegmatite Target
- Main DP pegmatite extends ~700m with average surface thickness of ~6m
- Peak assay results include 3360 ppm tin, 1.25% lithium oxide, 364 ppm tantalum, 3370 ppm rubidium, and 587 ppm caesium
- RC drilling planned for Q2 2026 to test and expand mineralisation
- Strategic location adjacent to operating Uis Tin Mine and near Walvis Bay port
Strategic Location and Project Overview
Askari Metals Limited (ASX, AS2) has delivered a promising update from its Uis Project in Namibia, a 100%-owned asset situated contiguous to the operating Uis Tin Mine managed by Andrada Mining. This proximity places Askari’s project within a proven mining district, bolstered by direct access to the Walvis Bay Deepwater Port less than 230 kilometres away, facilitating potential export logistics.
Phase 1 Trenching Results Highlight Polymetallic Potential
The recently completed Phase 1 trenching campaign at the DP Pegmatite Target has confirmed strong polymetallic mineralisation across a substantial strike length of approximately 700 metres, with an average surface thickness of around six metres. Assay highlights include peak concentrations of 3360 parts per million (ppm) tin, 1.25% lithium oxide (Li2O), 364 ppm tantalum, 3370 ppm rubidium, and 587 ppm caesium. These results underscore the polymetallic nature of the deposit, which is significant given the growing global demand for these critical minerals.
Implications for Resource Development and Drilling Plans
These trenching results materially enhance confidence in the scale and quality of the mineralised system at Uis. Importantly, the data provides a robust technical foundation for targeted reverse circulation (RC) drilling, scheduled to commence in the second quarter of 2026. This drilling campaign aims to test the subsurface extent and thickness of the pegmatites, which surface mapping alone cannot fully define. Previous drilling was limited and not optimally positioned, so the upcoming program represents a critical next step in resource delineation.
Polymetallic Commodity Exposure in a Critical Minerals Hotspot
The Uis Project’s polymetallic profile includes tin, lithium, tantalum, rubidium, and caesium; all commodities increasingly vital to modern technologies and supply chains. Tin prices have recently approached US$50,000 per tonne, reflecting strong market fundamentals. Meanwhile, rubidium and caesium, though less commonly mined, are critical for applications in electronics, defence, and emerging technologies such as quantum computing. The project’s location adjacent to an operating mine with a JORC-compliant resource further validates its strategic potential.
Ongoing Exploration and Future Newsflow
Askari Metals is continuing its systematic exploration across multiple pegmatite targets within the project area, including OP, PS, and K9, with additional trench sampling results expected in the coming months. The company also plans further soil geochemical surveys and a Phase 2 trenching program, aiming to refine and prioritise drill targets. These activities are designed to maintain a steady stream of news and progress updates for investors.
Bottom Line?
With robust trenching results and drilling imminent, Askari Metals is poised to unlock significant value from its polymetallic Uis Project in a critical minerals hotspot.
Questions in the middle?
- How will upcoming RC drilling results redefine the resource potential at Uis?
- What impact could fluctuating global prices for tin and lithium have on project economics?
- Could Askari Metals attract strategic partnerships or funding to accelerate development?