Askari Metals Ltd (ASX:AS2) onfirmed the presence of gold-bearing quartz veins across multiple high-priority targets, including Guji and Komto 1 and 2.
The due diligence also validated historical drilling and trenching results, strengthening Askari’s confidence in the project's gold potential.
In parallel, Askari is planning a separate exploration program at the Katta target in the project’s northwest, where high-grade copper mineralisation has been identified.
Final settlement of the acquisition remains subject to shareholder approval, but Askari is already preparing to accelerate exploration — with the aim of defining a JORC-compliant resource.
The company says it’s committed to transparent operations and local engagement, as it moves quickly to unlock value at what it sees as a high-potential African project.
Askari Metals, ASX:AS2, gold-bearing quartz veins, Guji, Komto 1, Komto 2, historical trenching, copper mineralisation, Katta target, Ethiopia, exploration program, JORC-compliant resource, shareholder approval, African gold project
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