Askari Metals (ASX:AS2) - The Burracoppin Project
The Burracoppin Project
Burracoppin Gold Project Source: Askari Metals
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  • Askari Metals (AS2) completes a detailed mapping and sampling reconnaissance campaign at its Yarrie lithium project, located in the Pilbara region of WA
  • The geological review revealed several significant and high-priority targets, which have all be inspected and sampled in the field, testing the prospectivity for lithium mineralisation
  • The company is now awaiting assay results from the campaign, with those results to form the basis of Askari’s understanding of the prospectivity at the project
  • Askari is planning to advance the Yarrie project with several aggressive field programs
  • AS2 shares are up 8.85 per cent and trading at 61.5 cents per share

Askari Metals (AS2) has completed a detailed mapping and sampling reconnaissance campaign at its Yarrie lithium project, located in the Pilbara region of WA.

The geological review revealed several significant and high-priority targets, which have all be inspected and sampled in the field, testing the prospectivity for lithium mineralisation.

The company said around 129 rock samples and 238 stream sediment samples were collected from all nine tenements, with assays now pending.

Askari also investigated all areas of high-priority targets and several additional areas of interest identified in the field with multiple samples collected from each site.

“We consider the Yarrie project extremely prospective and for our company represents a district-scale opportunity that has never seen targeted lithium exploration,” VP Geology and Exploration John Lambrechts said.

“We eagerly await the results of this campaign an following which the company plans on quickly mobilising its field crew again for further follow-up exploration programs as the company continues its aggressive approach to its lithium portfolio.”

The company is planning to advance the Yarrie project with several aggressive field programs.

Results from this initial exploration campaign will form the basis of Askari’s understanding of the prospectivity at the project.

AS2 shares were up 8.85 per cent and trading at 61.5 cents per share at 10:54 am AEST.

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