Erongo region continues to present more metals for Askari


Askari Metals Limited says the samples collected at its Uis project in the Erongo region of Namibia show positive results for tin, tantalum, lithium and rubidium.

The ASX-listed company said on Feb. 6 that 162 rock chip samples were collected and showed evidence of mineralization, including spodumene, lepidolite, and cassiterite. 

According to Askari, which owns the exclusive prospecting licence 8535 covering 308.12 km2, the samples also contained coloured tourmalines.

Five samples showed lithium content greater than 3%, and eight showed more than 1%. 

Results for tin mineralization were also excellent, with one sample containing 3.2% tin and ten samples containing more than 0.24%. 

Results for tantalum were highly positive, with 42 samples showing more than 100 parts per million (ppm) tantalum and two samples over 1,000 ppm. 

Results for rubidium were also strong, with some samples containing up to 7,980ppm Rb. 

Askari vice president for geology and exploration Johan Lambrechts said the extraordinary results from the due diligence sampling campaign are significant for Askari.

Lambrechts also said the company had been rewarded for its commitment to unlocking mineral resource potential as efficiently as possible and strategically manoeuvring to capture shareholder value through the acquisition of the Uis Lithium project next door to a world-class operating tin, tantalum, and lithium mine. 

"Askari is strategically advancing its drive toward the top of the lithium exploration field in Namibia. We see immense potential in our growing Namibian portfolio as we believe the country hosts significant and untapped lithium and critical mineral riches vital for the global energy transition to a lower carbon future," Lambrechts said.

He added that the first phase of drilling on the exclusive prospecting licence 8535 was imminent, and exploration work on the neighbouring  7345 licence continued to progress. 

Comments

Popular posts from this blog

Northern Graphite signs graphite concentrate sales deal with Graphex

Desert Lion Energy & the Namibian lithium story

Chinese company leaves Canada, eyes four lithium mines in Namibia