en.Wedoany.com Reported - Askari Metals (ASX:AS2, FRA:7ZG) has identified seven new pegmatite targets across two license areas at the Uis Project in Namibia through internal hyperspectral analysis, providing additional exploration targets for the reverse circulation drilling planned to commence next month.

Executive Director Gino D'Anna stated that the analysis has generated new targets on licenses EPL 7345 and EPL 8535. Four targets were identified on EPL 7345, named Eve, GP, MW, and K10; three targets—Tawni, Marshall, and S1—were identified on EPL 8535. Some targets have considerable interpreted strike lengths, with K10 extending 3.1 kilometers, GP 2.4 kilometers, and Tawni 2.2 kilometers.

The company has commenced rock mapping and sampling at these new targets and is awaiting assay results. These targets are expected to progress to mechanized trenching and may be included in drilling programs later this year. Next month, the company plans to conduct reverse circulation drilling on four key targets, while also aiming to mobilize trenching equipment to the site to advance multiple exploration lines without demobilizing from the project area.

Askari Metals' Uis Project is considered prospective for tin, lithium, tantalum, rubidium, and cesium, among other minerals. D'Anna noted that the project's polymetallic nature positions it to address both tightening tin supply and critical minerals related to supply chain security. The company's location is also central to the investment case: Askari Metals shares a license boundary with Andrada Mining, which operates the adjacent Uis tin mine. D'Anna stated that the pegmatites explored by Askari Metals are similar to those mined by Andrada.

D'Anna also emphasized that Namibia is a stable operating jurisdiction with available power infrastructure and access to the deep-water port of Walvis Bay, providing routes to European, American, and Asian markets. The presence of a neighboring operating mine may help Askari Metals advance development without requiring significant capital expenditure on its own balance sheet.

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