- Askari Metal (AS2) completes the inaugural drill program at its Burracoppin Gold Project in Western Australia
- A total of 17 reverse circulation holes were drilled to target mineralised zones and anomalous drill intercepts
- Samples have been sent to the laboratory for analysis with results expected in four to six weeks
- During this period, Askari will focus on its other projects, including the Horry Copper Project and the Callawa Copper Project
- Askari closed 4.44 per cent in the red with shares trading at 21.5 cents apiece
Askari Metals (AS2) has completed the inaugural drill program at its Burracoppin Gold Project in Western Australia.
A total of 17 reverse circulation (RC) holes, for 1424 metres, were drilled to target mineralised zones and anomalous drill intercepts.
Samples have been sent to the assay laboratory, Bureau Veritas, with results expected in four to six weeks.
During this period, Askari will focus on its other projects, including the Horry Copper Project and the Callawa Copper Project.
Once received, Askari will use the results to determine the next phase of exploration at Burracoppin.
Executive Director Gino D’Anna is pleased that drilling has been completed.
“Completion of the phase one drilling program at Burracoppin signifies the achievement of one of our major exploration milestones and we are pleased to have completed the drilling so soon after listing when sourcing a drilling rig and qualified field teams has been so difficult,” Mr D’Anna said.
“We have wasted no time in mobilising our field teams to our other projects with a field program currently underway at the Horry Copper Project and another due to commence at the Callawa Copper Project in the coming days.”
Askari has ended the day 4.44 per cent in the red with shares trading at 21.5 cents in a $9.56 million market cap.