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Askari Metals’ (ASX:AS2) inaugural RC program at Horry delivers high-grade results, WA – The Market Herald

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  • Askari Metals’ (AS2) inaugural reverse circulation drilling program at the Horry project in Western Australia delivers high-grade copper and gold results
  • The company received assays from the campaign at the Horry Horse and Mt Dockrell prospects, where it drilled 29 holes for 2096 metres
  • The program returned assays including four metres at 1.8 per cent copper from 24 metres, including two metres at 3.6 per cent copper and 0.2 grams per tonne (g/t) gold from 26 metres
  • The company says the results were “very positive” and culminated in new targets being identified at the project for future follow up exploration
  • Askari Metals shares are up 2.31 per cent to trade at 66.5 cents at 10:28 am AEDT

Askari Metals’ (AS2) inaugural reverse circulation drilling program at the Horry project in Western Australia has delivered high-grade copper and gold results.

The company received assays from its drilling campaign at the Horry Horse and Mt Dockrell prospects in the Kimberley region.  

The main focus of the campaign was to unearth copper and gold mineralisation at the Horry Horse prospect, where the bulk of the program was focused.

The company drilled 29 holes for 2096 metres across the prospects, which returned results of four metres at 1.8 per cent copper from 24 metres, including two metres at 3.6 per cent copper and  0.2 grams per tonne (g/t) gold from 26 metres.

Further hits included two metres at 5.5 g/t gold from 10 metres, and two metres at 1.3 g/t gold from 12 metres.

The company said the results were “very positive” and culminated in new targets being identified at the project for future follow up exploration.

“Drilling a project for the first time is always exciting and filled with expectations, but when the objective is achieved, and the results validate models and interpretations, the effort is well rewarded,” Askari VP Geology and Exploration Johan Lambrechts said.

“The campaign resulted in the identification of new and additional sub-parallel lodes at both the Horry Horse and Mt Dockrell prospects and opens the opportunity for further drilling campaigns testing these units.”

The company is now reviewing all data with the aim of designing additional phases of drilling to take place this year.

Askari Metals shares were up 2.31 per cent to trade at 66.5 cents at 10:28 am AEDT.

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