Lithium

Askari Metals uncovers significant lithium exploration zones at Yarrie

Wed 30 Mar 22, 10:29am (AEST)
Prospector exploring at an Askari project
Source: Askari Metals

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Key Points

  • Askari is honing in on several exploration targets at the Yarrie Lithium Project
  • Early-stage exploration activities now warrant further follow up in the field
  • A ground-based field exploration program is due to kick off in April

Askari Metals (ASX: AS2) has identified “several significant and high-priority exploration targets” at the Yarrie Lithium Project in WA.

Recent early-stage exploration activities such as geological reconnaissance and modelling have identified several geological structures that are conducive of lithium mineralisation. 

The early-stage activities will support a ground-based field exploration program, due to commence in April. 

The upcoming field program will use various methods for collecting sample and anomalism data including stream

While the Yarrie Project is close to several major lithium projects owned by names including Pilbara Minerals (ASX: PLS), Mineral Resources (ASX: MIN) and Global Lithium Resources (ASX: GL1) - the Yarrie tenanted area itself has not been subject to any historical lithium exploration. 

Askari Lithium Project
Source: Askari Metals

“The Company plans to be aggressive in its execution of exploration activities on the Yarrie project with an aim to moving the project up the value curve by way of tangible results.” said VP Geology and Exploration, Johan Lamrechts.

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Written By

Kerry Sun

Finance Writer & Social Media

Kerry holds a Bachelor of Commerce from Monash University. He is an avid swing trader, focused on technical set ups and breakouts. Outside of writing and trading, Kerry is a big UFC fan, loves poker and training Muay Thai. Connect via LinkedIn or email.

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