Latest ASKARI METALS (ASX:AS2) News

Askari Metals reports strong Phase 1 trenching results at its 100%-owned Uis Project, confirming continuous high-grade polymetallic mineralisation including tin, lithium, tantalum, rubidium, and caesium. These findings bolster confidence ahead of planned drilling in H2 2026.

Small caps stole the spotlight, with a handful of stocks doubling on deal news and early-stage project updates. Large miners were steadier, but even they couldn’t fully escape the week’s sharp gap moves.

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.

Askari Metals has addressed an ASX query regarding the late filing of a director's securities interest notice, attributing the delay to awaiting regulatory guidance following an inadvertent related party securities breach.

Askari Metals has completed a strategic acquisition of the Nejo Gold and Copper Project in Ethiopia and is poised to launch its maiden drilling campaign in early 2026, backed by a strengthened balance sheet and a clear focus on African critical metals.

Askari Metals has responded to an ASX query regarding an inadvertent breach of Listing Rule 10.11 after issuing securities to a related party without prior shareholder approval during a recent rights issue. The company outlines the circumstances and its planned remedial actions.

Askari Metals has wiped its debt slate clean and is gearing up for an ambitious exploration campaign at its flagship Nejo Gold & Copper Project in Ethiopia and the Uis Tin-Tantalum-Lithium Project in Namibia.

Askari Metals advances its flagship Nejo Project in Ethiopia with strong government backing and a planned maiden drilling campaign targeting high-grade gold zones. The company is well funded and poised for a busy 2026 exploration season.

Askari Metals has raised $1.15 million to fund its first drilling campaign at the Nejo Gold and Copper Project in Ethiopia and to advance exploration at its Uis Project in Namibia. The placement, supported by new and existing sophisticated investors including company directors, positions Askari to accelerate its African exploration strategy.

Askari Metals has completed its acquisition of the Nejo Gold and Copper Project in Ethiopia, gaining a strategic foothold in a prolific gold-copper belt. With active exploration underway and strong financial backing, the company is poised to accelerate resource development.

Askari Metals has successfully closed an oversubscribed rights issue raising approximately $1.6 million to accelerate exploration at its promising Nejo Gold and Copper Project in Ethiopia and the Uis Project in Namibia.

Askari Metals Limited’s AS2OC securities have been suspended from trading pending compliance with ASX Listing Rule 2.5, raising questions about the company’s regulatory standing.