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- Askari Metals (AS2) commences an exploration and sampling campaign at the Yarrie lithium project, located in the Pilbara region of Western Australia
- The campaign is designed to field test high priority targets that have been identified by the company
- The campaign is expected to take around two weeks to be completed
- Askari last traded at 73.5 cents per share
Askari Metals (AS2) has commenced an exploration and sampling campaign at the Yarrie lithium project, located in the Pilbara region of Western Australia.
The campaign is designed to field test high priority targets that have been identified by the company.
According to Askari, the campaign should take around two weeks to be completed.
The Yarrie project is considered to be highly prospective for hard-rock lithium-tin-tantalum mineralisation in pegmatites.
“We have spent considerable time compiling all facets of geological information which have culminated in the generation of a specific exploration model for the Yarrie lithium project,” VP Geology and Exploration Johan Lambrechts said.
“This has been a crucial step for the company in advancing our exploration strategy at Yarrie and has identified several high priority targets that will be field tested during this current program.”
“As active explorers we believe in the strong geological foundation to our exploration activities and have produced an exploration model suitable to uncover the lithium potential on our Yarrie tenement. We consider the Yarrie project to be extremely prospective and crucial to the company’s future advance in the lithium market. The project is a district scale opportunity, in a good geological setting and has never seen targeted lithium exploration,” he concluded.
Askari is planning to further explore the area with a number of aggressive field programs.
Just before the market opens, Askari last traded at 73.5 cents per share.
