Askari Metals Prepares Nejo Drilling as African Portfolio Continues to Evolve

Askari Metals (ASX: AS2) has continued preparations for maiden drilling at its flagship Nejo Gold-Copper Project in Ethiopia while refining targets across its Uis critical metals portfolio in Namibia.

The company spent the June quarter consolidating technical data, planning field programs, and engaging stakeholders ahead of more active work across both African project areas.

Nejo covers about 1,174 square kilometres within the Arabian-Nubian Shield and contains multiple targets along two mineralised corridors, with the initial drilling campaign expected to focus on the Guji–Gudeya trend.

Planning at Nejo focused on the Guji, Komto 1, and Komto 2 targets, which together form an approximately 9km mineralised trend where historical drilling, trenching and geochemical work identified high-grade gold and copper mineralisation.

Askari intends to use its maiden campaign to validate historical intersections, test continuity and begin defining the geometry of mineralised zones as part of a longer-term pathway towards a maiden mineral resource estimate.

Review of Earlier Sampling

At Uis, Askari continued reviewing and interpreting earlier trenching, mapping, and sampling work across a 380 sq km landholding positioned along strike from the operating Uis tin mine.

Historical and recent exploration has confirmed high-grade tin and tantalum mineralisation across several pegmatite targets, alongside potential for lithium, caesium, and rubidium.

Priority work centres on the PS, DP, OP and K9 pegmatite systems, where soil and stream sediment sampling will support target refinement for planned reverse circulation drilling.

Technical assessment also continued across the separate 10km Guliso Trend and the Katta copper target in the project’s north, preserving broader discovery exposure beyond the initial drill areas.

The portfolio benefits from year-round road access and proximity to existing mining infrastructure, with the deep-water port of Walvis Bay about 230km away.

Multiple Drill-Ready Targets

“At Nejo, we have a district-scale gold-copper opportunity with multiple targets ready for drill testing,” executive director Gino D’Anna said.

“At Uis, we hold a strategic critical metals position in a proven Namibian pegmatite district.”

“With near-term drilling, strong targets, and clear exploration momentum, Askari is well placed to deliver meaningful news flow and unlock value for shareholders.”

Exploration and evaluation expenditure totalled $121,000 during the quarter, primarily covering Nejo program planning, stakeholder engagement, technical consulting, data interpretation and preparation of further work at Uis.

Askari’s future work is expected to include Nejo mobilisation planning, mapping, sampling, trenching, and geophysics, alongside continued target generation at Uis, with capital allocation focused on lower-cost field programs.