Battery metals and gold explorer Askari Metals (ASX: AS2) has a catalyst-heavy year ahead as it attempts to progress its early-stage projects.
Askari has assembled several projects across Australia, the notable ones include:
Yarrie Lithium Project, WA
Barrow Creek Lithium Project, NT
Neighbors Core Lithium (ASX: CXO)
Phase 2 of initial exploration activities completed
Horry Copper Project, WA
Heavily underexplored region
Encouraging copper-gold results from initial rock chip samples
Burracoppin Gold Project, WA
Phase 1 drilling program complete
Askari made its ASX debut last July at an IPO price of 20 cents per share.
The company's stock traded sideways until mid-January, where positive copper-gold results and an expansion of its lithium portfolio drove a sharp re-rate to a peak of 47.5 cents.
Askari shares have since stabilised around the mid 30 cent level, but pushing near-term highs on Friday, up 8% to 40.5 cents in early trade.
2022 looks to be a massive year for Askari as the company progresses drilling activities across its portfolio.
Barrow Creek Lithium and Horry Copper are both poised for maiden drilling campaigns.
The Burracoppin Gold Project recently completed Phase II drilling and expects Phase III to commence in the second quarter of 2022.
Other early-stage projects are looking to commence preliminary exploration activities such as soil and rock sampling, and area mapping.
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