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Askari Metals Announces Significant Resource Upgrade at Burracoppin Gold Project

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Askari Metals Announces Significant Resource Upgrade at Burracoppin Gold Project

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An update from Askari Metals Limited ( (AU:AS2) ) is now available.

Askari Metals Limited has announced an upgrade to the JORC (2012) Mineral Resource Estimate for its Burracoppin Gold Project in Western Australia, showing a 28% increase in gold resources. This development has attracted significant interest from potential investors and strategic partners, given the project’s proximity to the Edna May Gold Mine and the high-grade gold intersections achieved through recent drilling. The company is in discussions with interested parties to explore potential transactions that could enhance shareholder value, highlighting the resource expansion potential through future drilling and exploration.

More about Askari Metals Limited

Askari Metals Limited is a company in the mining industry with a focus on gold exploration and development. Its primary project is the Burracoppin Gold Project located in Western Australia, which is known for its significant potential in gold resource expansion.

YTD Price Performance: -16.67%

Average Trading Volume: 862,864

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$2.8M

Learn more about AS2 stock on TipRanks’ Stock Analysis page.

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