Where is the Nejo project located?

It is situated in Ethiopia, within the Arabian-Nubian Shield mineral belt, a globally recognised gold-rich geological region.

What minerals are being explored at Nejo?

The primary focus is on gold, with additional copper prospects in the northern section of the project area.

What is the next step for Askari Metals?

The company plans to proceed with detailed geological surveys, sampling programs, and targeted drilling to define resources.

Askari Metals Completes Key Milestone at Nejo Gold-Copper Project in Ethiopia

3 min read | August 05, 2025 04:57 PM AEST | By Team Kalkine Media

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Askari Metals Completes Key Milestone at Nejo Gold-Copper Project in Ethiopia — Image source: Shutterstock

Exploring One of Africa’s Notable Gold Belts

Askari Metals (ASX:AS2) has successfully concluded its technical evaluation at the Nejo gold-copper project in Ethiopia. This marks a significant step in advancing the acquisition process and sets the stage for extensive exploration work in the months ahead.

The Nejo project is located within the Arabian-Nubian Shield, a mineral-rich region globally recognised for hosting substantial gold deposits. Surrounding the area are several high-profile mining projects, underscoring the strategic value of this location. While the company is not currently part of the ASX 100 stocks, the scale and geological significance of the Nejo area highlight its exploration potential.

Gold and Copper Prospects Driving Exploration

Extensive Gold Targets Identified

Askari’s due diligence confirmed significant gold mineralisation across key prospects within the Guji-Gudeya and Guliso trends. Historical drilling and trenching data have been validated, showing mineralisation over substantial strike lengths. Several drill-ready targets — including Guji, Komto 1, and Komto 2 — are expected to be the focus of upcoming field campaigns.

The planned exploration program involves geological mapping, rock and soil sampling, and a detailed airborne geophysical survey to trace mineralised structures beneath shallow cover. This approach aims to build a clearer picture of the underlying geology and locate potential high-value deposits.

Copper Adds Strategic Value

Alongside gold, the Nejo project holds copper opportunities, particularly at the Katta target in the northern licence area. Historical exploration results indicate encouraging copper mineralisation, prompting Askari to design follow-up programs to expand these findings. This dual focus on gold and copper strengthens the project’s long-term development prospects.

Local Engagement and Development Plans

Askari is actively building its operational presence in Ethiopia, emphasising strong community relationships, transparency, and local employment. Ongoing engagement with government and regional stakeholders is a core part of its strategy, ensuring that exploration activities align with local development objectives.

With geological similarities to other multi-million-ounce deposits in the region, the Nejo project offers the potential to become a significant contributor to Ethiopia’s growing mineral sector. By combining systematic exploration with stakeholder engagement, Askari aims to position itself as a leading explorer in this emerging gold and copper province.

Frequently Asked Questions

Where is the Nejo project located?
It is situated in Ethiopia, within the Arabian-Nubian Shield mineral belt, a globally recognised gold-rich geological region.
What minerals are being explored at Nejo?
The primary focus is on gold, with additional copper prospects in the northern section of the project area.
What is the next step for Askari Metals?
The company plans to proceed with detailed geological surveys, sampling programs, and targeted drilling to define resources.

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