Askari expands Namibian project pipeline
ASX-listed Askari Metals’ in-house hyperspectral study has identified seven new high-priority pegmatite targets at the Uis project, in Namibia, materially expanding the project’s target pipeline ahead of the next phase of reverse circulation (RC) drilling.
The new targets further reinforce Uis as an emerging polymetallic opportunity with exposure to tin, tantalum, lithium, rubidium and caesium, Askari points out.
Against a backdrop of tightening tin supply and increasing strategic focus on critical mineral supply chains, Askari believes Uis is well positioned to offer leverage to commodities linked to electrification, advanced manufacturing and energy security.
With field programmes under way, faster in-country assay turnaround expected through on-site laser induced breakdown spectroscopy and pellet press commissioning, trenching planned across new targets, and RC drilling to start next quarter on the DP, OP, PS and K9 pegmatite targets at EPL 7345, Askari says it sees a strong pipeline of near-term newsflow at Uis.
“This study marks another important step in unlocking the scale and polymetallic potential of Uis. Our in-house hyperspectral work has now delivered seven new high-priority pegmatite targets, materially expanding the project’s pipeline ahead of the next phase of RC drilling,” Askari executive director Gino D’Anna says.
“Uis is continuing to emerge as a highly strategic polymetallic project with exposure to tin, tantalum, lithium, rubidium and caesium, at a time when supply dynamics and growing demand for critical minerals are sharpening investor focus on quality exploration stories,” he adds.
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