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- Positive support for planned Nejo exploration and development activities.
- In-country presence and stakeholder relationships strengthened.
- Commitments made to local employment and skills development.
- Logistics planning and mobilisation activities well advanced.
Askari Metals (ASX:AS2) is building a strong on-ground presence as it accelerates activities at its Nejo gold-copper project in Ethiopia. With drilling plans moving ahead at the flagship project, Askari will also be pouring early FY27 efforts into establishing local relationships and working on building skills.
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Askari’s executive director, Gino D’Anna, said the company believes strong local partnerships and government support are “fundamental” to building a successful long-term exploration and development business in Ethiopia.
“One of the most pleasing aspects of our work in Ethiopia has been the overwhelmingly positive engagement we have experienced at every level, from local community leaders and regional administrators through to federal government officials and regulatory bodies,” he told shareholders today.
“These relationships are critical to the long-term success of Nejo, and we are extremely encouraged by the strong support shown for our vision of responsibly exploring and developing what we believe is one of the most exciting gold and copper opportunities in East Africa.”
Mr D’Anna said Nejo offers exceptional geological potential, but equally important is the quality of the partnerships the company is building on the ground. “We remain committed to creating long-term value for local communities, supporting local employment and operating to the highest standards as we advance exploration activities across this highly prospective district-scale project.”
Mr D’Anna added that since establishing its presence in Ethiopia, Askari has maintained an active and collaborative approach to stakeholder engagement across all levels of government and within communities surrounding Nejo.
Alongside its stakeholder engagement activities, the company continues to progress exploration planning and target generation across the Nejo project.
Exploration programs remain focused on the highly prospective Guji-Gudeya and Guliso gold trends, together comprising more than 18km of interpreted strike length, while work also continues to advance high-grade copper opportunities at the Katta target area.
The company is also continuing geological mapping, sampling, target definition studies and the integration of extensive historical datasets as it works towards future drilling activities and resource definition programs.
AS2 is steady at 0.8¢. Mkt cap $6.252M.
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