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Askari Metals (ASX:AS2) begins mapping and sampling at Callawa

Mining
ASX:AS2      MCAP $4.689M
18 August 2021 13:20 (AEST)

Source: Askari Metals

Askari Metals (AS2) has begun a mapping and sampling program at the recently granted Callawa Copper Project in Western Australia.

The Callawa Project lies roughly 85 kilometres northeast of Marble Bar and consists of one granted exploration licence covering an area of 167 square kilometres.

The field mapping and sampling will be undertaken by professional mapping geologist John Crossing to ensure data optimisation.

Newexco Exploration has also been hired to collect, review and report on historical geophysical exploration.

Callawa has not been subject to extensive exploration, with only two minor rock sampling programs and a small 500 metre aircore drilling program completed.

The rock sampling returned results between 2.5 per cent copper and 19 per cent copper, while the aircore drilling uncovered zinc and lead mineralisation which is yet to be followed up.

Vice President Exploration and Geology Johan Lambrechts commented on the drilling program.

“Following the successful completion of our inaugural reverse circulation drilling campaign at the Burracoppin Gold Project and the commencement of a similar mapping and sampling program at the Horry Copper Project, we are excited to continue with that momentum and begin the first phase of exploration at our next priority project, being the Callawa Copper Project,” Mr Lambrechts said.

“Callawa represents a heavily underexplored opportunity, despite some spectacular historical exploration results that have not been followed up, thereby demonstrating significant exploration potential for copper, lead, zinc and gold mineralisation.”

Askari was steady on the market with shares trading at 21.5 cents at 3:10 pm AEST.

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