Key facts about Askari Metals' Burracoppin Gold Project

Askari Metals Limited (ASX: $AS2) has announced a JORC (2012) Exploration Target for its 100%-owned Burracoppin Gold Project in WA's Wheatbelt region. The Exploration Target estimates a potential quantity of 8.212Mt to 11.121Mt at an average grade of 0.67g/t Au to 0.91g/t Au, totaling 176,000oz Au to 323,000oz Au at a cut-off grade of 0.3g/t Au. The Exploration Target is separate from the existing JORC (2012) Mineral Resource Estimate of 1.32Mt @ 1.52g/t Au for 64,600oz contained gold at a cut-off grade of 0.85g/t Au.

Executive commentary on Burracoppin Gold Project

Askari Managing Director Gino D'Anna stated, 'A JORC (2012) Exploration Target of up to 323,000 ounces of gold underpins the significant upside that exists at the project. We recently delivered an inaugural JORC (2012) Mineral Resource Estimate at Burracoppin of ~65,000 ounces of contained gold at a grade of 1.52 g/t Au, using a 0.85 g/t Au cut-off grade. The achievement of these critical milestones demonstrates the pathway at Burracoppin and supports its continued exploration and development.'

Summary of Burracoppin Gold Project announcement

The announcement by Askari Metals outlines the JORC (2012) Exploration Target for the Burracoppin Gold Project, indicating a potential quantity of 8.212Mt to 11.121Mt at an average grade of 0.67g/t Au to 0.91g/t Au, totaling 176,000oz Au to 323,000oz Au at a cut-off grade of 0.3g/t Au. The company's Managing Director highlighted the significant upside and exploration potential at the project, with a record high AS gold price and notable mineralised intersections encountered in drilling. The Burracoppin Project offers further discovery and resource growth potential, with significant inbound interest received for the 100%-owned project.