Askari Metals Ltd (ASX:AS2) will host a live webinar on Tuesday, July 15, 2025, to discuss the company’s acquisition of the Nejo Gold Project in central-western Ethiopia.
Executive director Gino D’Anna will host the session, providing insights into the strategic significance of the acquisition and the company’s forward plans. Participants will also have the opportunity to submit questions regarding the transaction and Askari’s broader exploration and development strategy.
Webinar details:
- Date: Tuesday, July 15, 2025
- Time: 11:00am AEST / 9:00am AWST
- Registration link: Register here
- Questions: info@askarimetals.com
The company encourages all shareholders and interested parties to attend.
Askari expands African footprint
Askari has advanced its African expansion strategy by acquiring the advanced-stage Nejo Gold Project in central-western Ethiopia.
Read more: Askari Metals expands African footprint with Nejo Gold acquisition
The company has secured 100% ownership of Xingxu Mining International Investment Co Ltd, a Hong Kong-based entity holding the Nejo Project, through a binding share purchase agreement with Xingguang Group Ltd. This acquisition delivers Askari full control of a 1,174-square-kilometre tenement situated on the Arabian-Nubian Shield — a prolific geological belt recognised for its multi-million-ounce gold discoveries spanning Egypt, Sudan, Eritrea, Ethiopia, Saudi Arabia and Yemen.
Located in a globally significant gold and copper mineral province, the Nejo Project sits within the same greenstone belt as the 3.4-million-ounce Kurmuk Mine owned by Allied Gold (TSX: AAUC), and directly adjacent to the 1.7-million-ounce Tulu Kapi Mine held by Kefi Gold and Copper (LSE: KEFI). The region remains underexplored, offering Askari significant upside potential through systematic exploration.
