Askari Metals Limited · ASX:AS2
Askari Metals — Investor Presentation (July 2025)
31 slides from Askari Metals's investor presentation, Jul 14, 2025
Slide 1: Askari Metals Acquisition Presentation and Shareholder Webinar Details
ASX: AS2 ASX ANNOUNCEMENT I 14 July 2025 ASKARI METALS ACQUISITION PRESENTATION AND SHAREHOLDER WEBINAR DETAILS Askari Metals Limited (ASX: AS2) (“Askari” or “Company”) provides the attached presentation material ahead of the shareholder webinar scheduled for Tuesday, 15th July 2025. The presentatio
Slide 2: About Askari Metals
ASX RELEASE 9 July 2025 ABOUT ASKARI METALS Askari Metals is a focused Southern African exploration company. The Company is actively exploring and developing its Uis Lithium Project in Namibia located along the Cape-Cross – Uis Pegmatite Belt of Central Western Namibia. The Uis project is located wi
Slide 3: Building a Tier-1 Gold Portfolio in Ethiopia
BUILDING A TIER-1 GOLD PORTFOLIO IN ETHIOPIA AFRICAN-FOCUSED EXPLORATION – LEVERAGED FOR DISCOVERY INVESTOR PRESENTATION // July 2025
Slide 4: Disclaimer / Competent Persons' Statement
DISCLAIMER This presentation has been prepared and issued by Askari Metals Limited (the “Company") to inform interested parties about the Company and its progress. The material contained in this presentation sets out general background information on the Company and its activities. It does not const
Slide 5: Experienced Board in Resources and Africa
EXPERIENCED BOARD IN RESOURCES AND AFRICA Capital Structure Mr Robert Downey Mr Gino D’Anna CHAIRMAN EXECUTIVE DIRECTOR 404.1M $0.009 $3.6M Mr Downey was admitted as a barrister and solicitor of the Mr D’Anna has significant primary and secondary capital markets Shares on Share price Market Supreme
Slide 6: Exploration Team Bolstered with Precious Metals Experts
EXPLORATION TEAM BOLSTERED WITH PRECIOUS METALS EXPERTS Bonifacius Katanga SENIOR EXPLORATION GEOLOGIST Brings extensive critical minerals experience, including direct experience exploring for LCT pegmatites on the Cape Cross – Uis belt Previously employed as an Exploration Geologist by Andrada Mini
Slide 7: Acquisition Summary − Nejo Gold Project
ACQUISITION SUMMARY − NEJO GOLD PROJECT Proven high-grade Low geological Tier-1 geological Located on the gold mineralisation risk + significant setting spanning highly prospective in historic drilling exploration upside 1,174km2 in Arabian-Nubian and trenching Central Western Shield Ethiopia Distri
Slide 8: Clear Strategy to Build a Tier-1 Gold Portfolio in Ethiopia
CLEAR STRATEGY TO BUILD A TIER-1 GOLD PORTFOLIO IN ETHIOPIA BUILDING A TIER-1 GOLD PORTFOLIO IN ETHIOPIA The Tulu Dimtu Shear Zone Focus is on high-impact, Drilling to be undertaken Targeting mineralised Advance projects using located in Central Ethiopia within low-cost exploration on those targets
Slide 9: Growth Strategy for Nejo Gold Project
GROWTH STRATEGY FOR NEJO GOLD PROJECT Development and Production Scalable Resource Potential • Strategic development and active and Robust Economics partnerships to drive the Nejo Gold Project forward Targeted Exploration • Nejo Gold Project surrounds the 1.7-million- • Strategically valuable projec
Slide 10: Ethiopia
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Slide 11: Ethiopia: Addis Ababa – Modern Capital… Open for Business
ETHIOPIA ADDIS ABABA – MODERN CAPITAL…OPEN FOR BUSINESS Ethiopia • One of the top five host economies of foreign direct investment in Africa, attracting $4.1 billion investments in 2021 • Invested 10% of its GDP in infrastructure development―the highest percentage in Africa • Population of 120 milli
Slide 12: Stimulating the Private Sector and Promoting Investment
ETHIOPIA STIMULATING THE PRIVATE SECTOR AND PROMOTING INVESTMENT Licensing reforms introduced for exploration and mining “Country Risk Rating is better than most African Africa Finance Corporation (AFC) granted gold producing countries.” PM Abiy Ahmed Country Membership to facilitate (Source: Conste
Slide 13: Heavily Underexplored in a Fertile Greenstone Belt
ETHIOPIA HEAVILY UNDEREXPLORED IN A FERTILE GREENSTONE BELT CRATON SIZE COMPARISON Geological similarity with Western Australia ARABIAN PLATE AUSTRALIA indicative of potential Current mineral exports in Ethiopia are under US$1bn, versus WA’s US$165bn Arabian-Nubian Shield is one of the last underexp
Slide 14: Nejo Gold Project
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Slide 15: Brownfields Gold Exploration, High-Grade
NEJO GOLD PROJECT BROWNFIELDS GOLD EXPLORATION, HIGH-GRADE 100% Ownership of Large-Scale, Advanced Nejo Gold Project, in Ethiopia • Nejo Gold Project spans 1,174km2 in Central Western Ethiopia on the highly prospective Arabian-Nubian Shield, one of the last underexplored mineral rich frontier belts
Slide 16: Brownfields Gold Exploration, High-Grade
NEJO GOLD PROJECT BROWNFIELDS GOLD EXPLORATION, HIGH-GRADE Extensive Exploration History • Over ~60km of prospective strike along the Tulu Dimtu Shear Belt hosting several high-grade multi-million-ounce deposits and discoveries • Robust historical data including drilling, trenching, soil and rock sa
Slide 17: Guji, Komto 1 and Komto 2 Targets – Drill Ready
NEJO GOLD PROJECT GUJI, KOMTO 1 AND KOMTO 2 TARGETS – DRILL READY Drill ready targets • Guji, • Komto 1, and • Komto 2 2014-2015, KEFI’s campaign in Guji area yielded Historically completed survey appreciable results: • Extensive soil geochemical sampling survey has been 23.2m@1.46g/t AU and histori
Slide 18: Soil Geochemical Sampling Points to More Targets
NEJO GOLD PROJECT SOIL GEOCHEMICAL SAMPLING POINTS TO MORE TARGETS 1 2 Significant exploration upside • Soil geochemical sampling and geophysics suggests significant exploration upside exists and more targets are yet to be identified beyond those already known Low-cost, high-impact exploration • Geo
Slide 19: Arabian Nubian Shield and Surrounds
ARABIAN NUBIAN SHIELD AND SURROUNDS 17
Slide 20: Prolific Belt of World Class Mineral Endowment
ARABIAN NUBIAN SHIELD PROLIFIC BELT OF WORLD CLASS MINERAL ENDOWMENT One of the final unexplored mineral rich frontier belts • Located in the central-western Arabian-Nubian Shield Centamin (Sukari) – 11 m oz Au (ANS), a Neoproterozoic continental block formed during Barrick (Jabal Sayid) – 30 mt Cu
Slide 21: Complementary Exploration: Adola Greenstone Belt Gold Projects
ADOLA GREENSTONE BELT GOLD PROJECTS COMPLEMENTARY EXPLORATION • The Adola Greenstone Belt (AGB) located in southern Ethiopia is a Neoproterozoic geological feature formed during the Pan African orogeny (850 – 550 Ma) • The AGB exhibits a long history of gold production (mainly artisanal) and hosts E
Slide 22: A Premium Landholding
ADOLA GREENSTONE BELT GOLD PROJECTS A PREMIUM LANDHOLDING • Binding agreement to acquire 100% of Rift Valley Resources • Owner of 5 projects held under 3 licence applications • Premium project portfolio • 460km2 of strategic landholding within the Adola greenstone belt • On trend from large gold dep
Slide 23: Project Area: Lega Dembi South & Sakaro
PROJECT AREA: LEGA DEMBI SOUTH & SAKARO Two Contiguous Brownfields Projects Images: An exposure of an artisanal mining pit at the Lega • Neighbouring the 2.5m oz Lega Dembi open pit and the 600k oz (@ Dembi South Project showing >14g/t) Sakaro operation deformed white quartz veins along • Historical
Slide 24: Project Area: Sakaro West
PROJECT AREA: SAKARO WEST Sakaro West • Located west of Sakaro and Lega Dembi South projects • Covers highly prospective geology Images: Swarms of milky-white quartz stringers form stockworks within highly altered host rock, crosscut by multiple fractures, which are prospective for potential gold mi
Slide 25: Project Area: Megado
PROJECT AREA: MEGADO Megado Project – in the heart of the Adola Belt • Centrally located, prospective geology, on trend and centrally located within the main mineralized corridor between large multi million oz gold deposits • 24km south of Lega Dembi and Sakaro mines • 34km north of the Dawa-Okote d
Slide 26: Project Area: Wayu Boda
PROJECT AREA: WAYU BODA Wayu Boda – Previously held by Alecto Minerals Plc • Had an earn in agreement with Centamin • Historic exploration in the close proximity to Wayu Boda licences: • Rock chip grades up to 47 g/t, • Trench results: 14m @ 0.4 g/t incl. 3.6m @ 1.5 g/t, 1.3m @ 4.9 g/t, 2m @ 1.1 g/t
Slide 27: High-Priority Targets
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Slide 28: High-Grade and High-Priority Targets
NEJO GOLD PROJECT HIGH-GRADE AND HIGH-PRIORITY TARGETS Chalte Gold Target • Located approximately 2 km southwest of the proposed Tulu Kapi mine concentrator • The strike length of the gold mineralisation identified at the Chalte gold target, which has been delineated by soil geochemistry, is approxi
Slide 29: High-Grade and High-Priority Targets
NEJO GOLD PROJECT HIGH-GRADE AND HIGH-PRIORITY TARGETS Soyoma Gold Target • Located within the northern part of the Dina Shear Zone, 15 km northwest of the Tulu Kapi mining licence • Historical surface trenches at the Soyoma target included an intercept of 14m @ 8.2g/t Au. In 2015, a series of quart
Slide 30: High-Grade and High-Priority Targets
NEJO GOLD PROJECT HIGH-GRADE AND HIGH-PRIORITY TARGETS South Chago Target • The South Chago gold target is located approximately 4km west of the Tulu Kapi Mine on a parallel mineralised structure • A surface exploration trench in the area intersected 8m @ 0.62g/t Au • This target has not been follow
Slide 31: Thank You...
Thank You... For further information, please contact: Mr Gino D’Anna Jessica Fertig Executive Director Investor Relations Askari Metals Limited Askari Metals Limited M +61 400 408 878 M +61 408 855 855 E gino@askarimetals.com E jessica@taumedia.com.au ASKARIMETALS.COM // ASX:AS2