InvestSMART

Askari Metals Limited (ASX:AS2)

ALERT: Price-sensitive ASX Announcement for AS2
Current share price for AS2 : $0.007 -0.001 (-12.50%)+
Release
10 Jun 2026 8:23AM
Price at Release
$0.008
Full Release
download
Summary
Askari Metals Limited announced outstanding Phase I trenching results from the K9 Pegmatite Target at the Uis Project in Namibia, highlighting its significant polymetallic potential. The results demonstrate extensive mineralisation across tin, lithium, tantalum, rubidium, and caesium, with some of the highest recorded assays in the district. The K9 pegmatites show evidence of spodumene weathering, affecting lithium grades at the surface. K9 extends over a 950-meter strike length, with multiple zones of continuous mineralisation, reinforcing its strategic location near the Uis Tin Mine. With follow-up drilling planned for H2 2026, Askari Metals is positioned to capitalize on the Uis Project's emerging opportunity as a critical minerals source.
Key Points
  • K9 Pegmatite Target at Uis Project in Namibia shows significant polymetallic potential.
  • Trenching results reveal extensive mineralisation across tin, lithium, tantalum, rubidium, and caesium.
  • Standout results include up to 4050 ppm tin, 0.29% Li2O, 215 ppm tantalum, 2380 ppm rubidium, and 479 ppm caesium.
  • K9 pegmatites show evidence of spodumene weathering, affecting near-surface lithium grades.
  • The project is strategically located near the Uis Tin Mine, enhancing its value as a polymetallic target.
  • The K9 system extends over a 950m strike length, with multiple zones of continuous mineralisation.
  • Phase I trenching program included 38 trenches for 781.7m, generating 199 channel samples.
  • Follow-up RC and Diamond drilling planned for H2 2026 to explore further potential.
  • The Uis Project continues to gain momentum as a critical minerals opportunity.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.