- Askari Metals (AS2) turns its attention to the next phase of drilling at its Uis lithium project in Namibia
- The company’s phase two exploration program returned high-grade spodumene-rich lithium findings of up to 3.1 per cent lithium oxide, with lithium-bearing mineralised pegmatite
- AS2’s next stage of diamond drilling will test deeper mineralisation within the pegmatite
- Askari aims to finish mapping the project by the end of June, with assay results expected in July or August
- Askari Metals is up 5.36 per cent trading at 29.5 cents at 11:45 am AEST
Askari Metals (AS2) is turning its attention to the next stage of exploration drilling at its Uis lithium project in Namibia following its phase two reverse drilling program.
The phase two program returned high-grade spodumene-rich lithium findings of up to 3.1 per cent lithium oxide, with pegmatite striking more than 780 metres long and up to 106 metres wide.
The campaign logged 180 intervals containing visible spodumene across 25 drill holes, while 283 intervals containing visible polylithionite were defined across 15 drill holes. Assays from the program are still pending.
The next stage of the project will involve finalising the site for phase one diamond drilling to test for deeper mineralisation within the pegmatite.
“We are very excited by what we have found thus far and are busy planning subsequent drill phases for the project, which will include the first diamond drilling on the tenure,” Vice President of Exploration and Geology Johan Lambrechts said.
“The ongoing mapping program in EPL8535 has continued to identify future drill targets to be tested in addition to the follow-up targets identified by the completed drilling phases.”
Askari plans to finish mapping the project by the end of June with assay results expected by August.
Askari Metals was up 5.36 per cent trading at 29.5 cents at 11:45 am AEST.