Wednesday , April 24 2024

Askari Metals Unearths Extensive Pegmatite Zone at Uis Lithium Project

Askari Metals Limited (ASX: ASK) has announced a significant discovery at its Uis Lithium Project in Namibia, Africa. Through trench mapping at the OP target, the company has identified an extensive zone of lithium-bearing pegmatites, exceeding initial expectations.

“Trench mapping at the OP target has yielded remarkably positive results,” said Mr. Cliff Fitzhenry, Chief Exploration and Project Manager (Africa) for Askari Metals. “We have mapped a zone of multiple pegmatites stretching over an impressive 2 kilometers.”

The zone comprises a main pegmatite body, averaging 10 meters thick along its entire strike length, with a particularly promising “south-west zone” reaching thicknesses of up to 26 meters and averaging 21 meters over a 350-meter stretch.

These pegmatites are classified as LCT type, a variety known for their lithium content. They are situated within the previously defined “Corridor of Interest,” an area highly prospective for hosting lithium deposits.

Askari has made significant progress in channel sampling across the OP pegmatites, and assays are being expedited through the laboratory. The company anticipates releasing the results to the market later this month.

“Positive assay results will pave the way for mobilizing a diamond drilling rig in the first quarter of 2024,” commented Mr. Fitzhenry. “This maiden drilling program will be crucial for further evaluation of the OP pegmatites.”

This discovery signifies a major development for Askari Metals and underscores the potential of the Uis Lithium Project. The company’s focus on expedited analysis and upcoming drilling activities positions them well for further exploration success.

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