#nejo

It’s not halloween anymore but I want to keep consistent haha

Askari Metals continues to strengthen its position in Ethiopia by advancing stakeholder engagement, operational readiness and exploration planning at its flagship Nejo Gold-Copper Project, while also outlining a clear funding strategy to maintain compliance and support future exploration. 🚀⛏️

🔎 Key Highlights

Strong engagement with local communities, regional authorities and Federal Government representatives

Positive support received for planned exploration and development activities at Nejo

Nejo Project spans 1,174km² within the highly prospective Arabian-Nubian Shield

Project surrounds the 1.7Moz Tulu Kapi Gold Mine and lies along strike from the 3.4Moz Kurmuk Mine

Exploration targeting both high-grade gold and copper mineralisation across more than 18km of interpreted strike

Drilling equipment secured in-country, with mobilisation planning well advanced

Proposed capital raise of up to A$750,000 to support ongoing exploration and working capital

Additional funding strategy announced to restore compliance with ASX Listing Rule 7.16

New governance controls implemented to ensure ongoing regulatory compliance and operational momentum

📊 Market Snapshot

Share Price: $0.007 Market Cap: $6.30M

🚀 Investor Takeaway

Askari is laying the groundwork for long-term growth in Ethiopia by combining strong government and community support with operational readiness and a clear funding pathway. With exploration activities advancing, drilling preparations underway and enhanced governance measures in place, AS2 is positioning itself for its next phase of value creation across its African gold, copper and critical minerals portfolio.

Read More: https://colitco.com/askari-nejo-gold-copper-project-colitco/