Askari Kicks Off Exploration at Nejo Project Amid Rising Interest in ASX Gold and Copper Plays

2 min read | July 31, 2025 12:00 AM AEST | By Team Kalkine Media

Askari Kicks Off Exploration at Nejo Project Amid Rising Interest in ASX Gold and Copper Plays — Image source: shutterstock

Askari Begins Systematic Exploration at Nejo Gold-Copper Project

Askari Metals Ltd (ASX:AS2) has initiated a comprehensive regional exploration program at its Nejo Gold and Copper Project in Ethiopia. This development targets high-grade, near-surface mineralisation along two well-known gold corridors within the Arabian-Nubian Shield, a region known for its significant geological potential.

This large-scale project surrounds a major gold deposit and is positioned strategically within a region hosting other advanced-stage mining operations. Although Askari is not part of the ASX 200 index, its exploration activities have caught attention due to the project's scale and strategic location.

Early-Stage Work Focused on Historical High-Grade Zones

The initial phase of the campaign includes fieldwork such as mapping, trenching, and sampling to refine priority targets. Askari’s focus lies on two northeast-trending gold corridors within the project area. These zones — known as the Guliso and Guji-Gudeya Trends — have historically produced encouraging trenching and drilling results.

In the Guliso Trend, previous work identified several targets that demonstrated strong mineralisation but received limited follow-up. Similarly, the Guji-Gudeya Trend features drill-ready areas that are geologically similar to nearby known gold systems. Work is already underway to enhance understanding of these prospects, with drilling preparations set for later this year.

Copper Exploration Adds Depth to Multi-Metal Strategy

In addition to gold, Askari is also pursuing copper targets, particularly at Katta in the northwest sector of the project. Historical data from this area indicates notable mineralisation, prompting the company to design a focused exploration plan aimed at validating and expanding upon past results.

This parallel effort underlines Askari’s broader vision to define a diverse resource portfolio within the Nejo tenement area. The company’s approach includes the integration of historic exploration data, use of airborne geophysical techniques, and multi-phase drilling programs to systematically assess potential resource zones.

Frequently Asked Questions

Where is Askari conducting its latest exploration work?
Askari is currently working at the Nejo Gold and Copper Project located in central-western Ethiopia.

What minerals are being explored at the Nejo Project?
The primary focus is on gold and copper, targeting shallow, high-grade zones across key structural trends.

Is Askari part of the ASX 200 index?
No, Askari Metals Ltd (ASX:AS2) is not included in the ASX 200 index at this time.

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