Askari identifies high-grade copper mineralisation at Ethiopia project
ASX-listed Askari Metals says analysis of historic drilling at the Katta target of its recently acquired Nejo gold project, in Ethiopia, has identified significant high-grade copper mineralisation.
This includes 14.33 m at 3.2% copper from 25.3 m depth and 35.51 m at 0.82% copper from 152.55 m depth.
“Validating our acquisition strategy by analysing and digitising the historical exploration data has been our first priority at Nejo,” executive director Gino D’Anna points out.
“Nejo is a district-scale advanced brownfield gold and copper project and offers everything we look for in a flagship asset – scale, high-grade gold and copper upside, proven mineralisation and proximity to major gold operations on a globally significant greenstone belt.
“With a large-scale landholding, extensive historical data, and clear targets, we have the ingredients to fast-track Nejo toward a maiden Joint Ore Reserves Committee resource,” D’Anna says.
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