Askari Metals (ASX: AS2) executive director Gino D'Anna joins Small Caps to discuss the company's acquisition of 100% ownership of a highly prospective gold project portfolio located within the prolific Adola greenstone belt in southern Ethiopia.

The southern-African focused exploration company now holds a significant position in one of the last under-explored mineral rich frontier belts hosting multiple large-scale gold and copper deposits.

The acquisition will provide Askari with a significant first mover advantage into a fertile gold belt in a region known to host several large-scale gold deposits, but which remains heavily under-explored where the discovery potential of the gold project portfolio considered exceptionally high.

Notably, the assets are strategically located along strike of large-scale multi-million-ounce gold mines including the globally significant Sakaro and Lega Dembi deposits.

Adding to the geological potential is an Ethiopian government focused on stimulating the mining and natural resources industry and attracting foreign investment.

Articles:
https://smallcaps.com.au/askari-metals-expands-africa-acquisition-ethiopian-gold-portfolio/

For more information on Askari Metals:
https://smallcaps.com.au/stocks/asx-as2/

See omnystudio.com/listener for privacy information.