16/12/2021 - 16:47

Askari amasses multiple WA battery metals and gold targets

16/12/2021 - 16:47

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Askari Metals has a busy schedule ahead with multiple rock chip sampling, soil sampling, drone magnetic surveys and drilling campaigns planned across its prospective looking West Australian tenure. The company also recently snapped up some prime lithium real estate at its Red Peak project north of Meekatharra that boasts lithium bearing pegmatites never previously explored for lithium.

Askari amasses multiple WA battery metals and gold targets
Drilling at Askari’s Burracoppin project. Credit: File

Askari Metals has a busy schedule ahead with multiple rock chip sampling, soil sampling, drone magnetic surveys and drilling campaigns planned across its prospective looking West Australian tenure. The company also recently snapped up some prime lithium real estate at its Red Peak project north of Meekatharra that boasts lithium bearing pegmatites never previously explored for lithium.

A comprehensive gridded rock and soil sampling campaign over the Red Peak lithium project has been pencilled in for January 2022 that will aim to follow up several lithium bearing pegmatites identified during an initial reconnaissance visit.

Other plans scheduled for January 2022 include a drone magnetic survey over the company’s Horry copper-gold project in northeast WA with RC drilling being considered to follow in the second quarter of 2022. The Horry deposit is situated approximately 90km southwest of Halls Creek in the Kimberley.

Recent rock chip sampling from Horry returned some encouraging gold and copper results from two mineralised zones with samples grading up to 3.6 per cent copper and up to 5.6 g/t gold.

The company has also spotted visible copper mineralisation at its Callawa copper project approximately 90km northwest of Marble Bar in the Pilbara. Malachite mineralised rock chip samples returned copper values up to 6.8 per cent. Drone surveying is set to commence at Callawa to help define targets in early 2022.

Reconnaissance mapping and sampling is due to kick off at Askari’s Mt Maguire gold and base metals project located along strike from Kalamazoo’s Ashburton project. Mapping and sampling is planned for the second quarter of 2022 following the completion of a data review and magnetic interpretation modelling expected to be finished in January.

High-definition drone magnetic surveying and a geophysical interpretation was recently undertaken on the Burracoppin gold project located approximately 20km east of Merredin.

Phase one RC drilling completed earlier in the year at Burracoppin returned encouraging gold intersections including 4m grading 4.27 g/t gold from 25m downhole, 2m at 2.03 g/t gold from 102m and 2m going 2.38 g/t gold from 22m downhole.

Two follow up RC drill campaigns at Burracoppin in addition to an expansional soil auger program is planned to kick off in the first quarter of the year pending approval of a program of work permit.

Askari Metals Vice President Exploration, Johan Lambrechts said:

“In the six months since our listing on the ASX, the Company has completed 1,500m RC drilling program at our Burracoppin Gold project that returned several highly encouraging gold intercepts.”

“At Mt Maguire, we have commenced the geophysical interpretation of an extensive high-definition aerial magnetic data set. At our Horry and Callawa projects, we have actively mapped and sampled the projects and identified high-grade gold and copper mineralisation which will be followed up in the second quarter of 2022.”

With a portfolio covering battery metals, precious metals and base metals, Askari is spoilt for choice when it comes to targets. Since listing on the ASX in July the company has been busy kicking some drilling goals at its Burracoppin target and its aggressive exploration strategy doesn’t look to be easing in the new year.

 

Is your ASX-listed company doing something interesting? Contact: matt.birney@businessnews.com.au

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