Askari Metals Limited (ASX: $AS2) has presented an investor presentation highlighting its expansion of clean energy focus in Namibia and Tanzania. The company is actively engaged in critical battery metals exploration for a clean energy future in these regions. The presentation outlines the progress and recent major highlights of Askari Metals' flagship Uis Lithium Project in Namibia and the Matemanga Uranium Project in Tanzania.
The Company is focused on building a Southern African focused clean energy exploration company, leveraging the African exploration knowledge base it has built. The recent expansion into uranium exploration in Southern Tanzania marks a strategic move into in-demand uranium, with further acquisitions planned. The Company aims to continue its systematic, focused exploration to identify scalable pegmatites with typical LCT mineralization in Namibia. The addition of critical minerals experts to the exploration team strengthens the Company's capabilities and supports its multi-asset, Southern Africa focused Clean Energy Company strategy.
Askari Metals' recent exploration update highlights the targeted trenching campaign well advanced at the Uis Lithium Project in Namibia, aiming to generate high-confidence, robust drill targets. The Company's expansion into uranium exploration in Tanzania, particularly the Matemanga Uranium Project, signifies its commitment to building a dominant strategic uranium footprint. With a focus on high-impact, low-cost exploration campaigns, Askari Metals aims to continue advancing its projects and leveraging the expertise of its exploration team. The Company's outlook includes the establishment of a dominant position on the Cape Cross-Uis belt and the building of a portfolio of highly prospective uranium projects in southern Tanzania, while also focusing on building a lithium-centric Namibian exploration team and setting up an in-country sample prep facility and laboratory for rapid exploration results.