Askari Metals has secured $1,150,000 in new funding to launch a maiden 3,000m to 5,000m drilling program at the advanced stage Nejo Gold and Copper Project in Ethiopia.
Askari Metals has closed its oversubscribed entitlement offer raising approximately $1.6 million to accelerate exploration at its Nejo Gold and Copper Project in Ethiopia and the Uis Project in Namibia.
Askari Metals is drilling into one of Africa’s most geologically gifted but underexplored gold regions, with its Nejo Project set to unlock the next tier of opportunity on the Arabian-Nubian Shield.
Askari Metals has hit the ground running at its Nejo Gold and Copper Project in Ethiopia, targeting high-grade gold corridors with near-term drilling on the horizon.
Gino D’Anna told MarketOpen Askari Metals is targeting a maiden JORC resource at Nejo after uncovering high-grade copper in historic UNDP drilling.