Askari Metals Identifies Seven New Pegmatite Targets at Uis Project with Hyperspectral Study

Askari Metals (ASX: AS2) has identified seven new pegmatite targets through an in-house remote-sensing hyperspectral study of its Uis project in Namibia, materially expanding the company’s pipeline ahead of the next drilling campaign.

The targets contained within EPL 8535 include standout, large-scale pegmatites at K10 (with an interpreted strike length of 3.1 kilometres), GP (2.4km), and Tawny (2.2km), as well as Eve, MW, Martial, and Zebedeus-1.

They fall within the prospective “corridor of interest” previously delineated by Askari and complement the company’s existing DP, OP, PS and K9 pegmatites at EPL 7345, further reinforcing the Uis project as an emerging polymetallic opportunity.

The company has Phase 1 trenching on EPL 8535 and Phase 2 trenching on EPL 7345 planned to expand its broader drill target pipeline, and will commence reverse circulation  drilling next quarter on the DP, OP, PS, and K9 pegmatite targets.

New Sampling Surveys

Askari has used the hyperspectral data to complete a regolith domain mapping study at Uis for the design of new regional soil and stream sediment geochemical sampling surveys.

These are scheduled to begin following completion of detailed prospect mapping and rock chip sampling, and will primarily focus on the corridor of interest.

Askari will analyse all samples generated by the campaign on-site using its recently-commissioned pellet press and laser-induced breakdown spectroscopy (LIBS) machines to enable faster assay turnaround.

The data will feed into the design of trenching campaigns across all Uis targets to support initial drilling later this year.

Polymetallic Potential

Executive director Gino D’Anna said the hyperspectral study marked an important step in unlocking the scale and polymetallic potential of Uis.

“Our in-house work has delivered seven new high-priority pegmatite targets at a time when supply dynamics and growing demand for critical minerals are sharpening investor focus on quality exploration stories,” he said.

“Mapping and rock-chip sampling is already underway, and we are moving quickly to convert this growing target inventory into trench-ready prospects while also testing the broader corridor of interest for additional concealed pegmatites.”

Mr D’Anna said Askari was well-positioned to offer leverage to commodities linked to electrification, advanced manufacturing, and energy security against a backdrop of tightening tin supply and increasing strategic focus on critical mineral supply chains.

“With field programs underway, faster in-country assay turnaround expected through on-site LIBS, and pellet press commissioning, trenching across new targets, and drilling to commence next quarter at EPL 7345, we see a strong pipeline of near-term newsflow for Uis,” he added.