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The latest announcement is out from Askari Metals Limited ( (AU:AS2) ).
Askari Metals Limited announced a re-interpretation of historical exploration data for its Uis Project in Namibia, highlighting extensive tin and tantalum mineralization. The project is strategically located near the operating Uis Tin Mine, offering a significant polymetallic opportunity. The company clarified that no new information was released, and supplementary JORC tables have been provided to support the announcement. This development reinforces Askari’s strategic positioning in the region and its potential impact on stakeholders.
More about Askari Metals Limited
Askari Metals is a Southern African exploration company focusing on the Uis Lithium Project in Namibia, strategically located near the Uis Tin-Tantalum-Lithium Mine and the deep-water port of Walvis Bay. The company has also acquired the Matemanga Uranium Project in Tanzania and is exploring further uranium opportunities. Additionally, Askari Metals is considering divestment strategies for its Australian projects, which include gold, copper, and rare earth elements.
YTD Price Performance: -16.67%
Average Trading Volume: 2,281,388
Technical Sentiment Signal: Buy
Current Market Cap: A$2.5M
See more data about AS2 stock on TipRanks’ Stock Analysis page.