Askari Metals (ASX: $AS2) Corporate and Exploration Objectives Update

Askari Metals Limited (ASX: $AS2) has provided an update on its corporate and exploration objectives for its lithium and uranium projects in Namibia and Tanzania. The company's focus on uranium and lithium exploration in Southern Africa is underpinned by its recent acquisition strategy in Southern Tanzania. Managing Director Mr Gino D'Anna highlighted the aim to develop robust and high-confidence drill targets for both uranium and lithium projects.

Executive Commentary on Corporate Strategy Update

The recently completed placement enables Askari Metals to execute upon its growth strategy in Southern Tanzania. The uranium portfolio underpins the company's African clean energy focus with key uranium projects currently under review. As we continue to deliver upon our exploration objectives at the Uis Lithium Project, the aim of the company is to deliver robust and high confidence drill targets where we will undertake drilling designed to delineate our maiden resources. The company has set its growth profile to emerge with a portfolio of uranium projects in a tier 1 emerging uranium district, offering shareholders exposure to two high-demand metals.

Summary of Askari Metals Announcement

Askari Metals (ASX: $AS2) has outlined its focus on uranium and lithium exploration in Southern Africa, with a particular emphasis on Southern Tanzania. The company aims to develop robust and high-confidence drill targets for both uranium and lithium projects, with a focus on resource definition across these metals. The recent completion of a placement provides the necessary funding to execute the exploration strategy. The company plans to carry out low-cost, high-impact exploration programs in Namibia and Tanzania to deliver drill-ready targets. The announcement reflects the company's ambitions to emerge with a portfolio of uranium projects in an emerging tier 1 uranium district, alongside its existing lithium project, offering shareholders exposure to high-demand metals in safe, mining-friendly jurisdictions.