Askari Metals (ASX:AS2) has announced results of its recently completed field reconnaissance program at its 100% owned Barrow Creek lithium project in the central Northern Territory's Arunta pegmatite province.
Askari Metals says its identified fertile LCT pegmatite in the analogous areas stretching over 4.8km by 3.8km, as well as an anomalous area in the south-east revealing lithium grades of up to 212 ppm Li.
It says the results identify exciting prospectivity for Rare Earth Elements (REE), with Total Rare Earth Oxide results of up to 4553 ppm TREO, and other TREO results from the phase including 2143, 1243, and 1235 ppm TREO.
Askari Metals says the highly anomalous REE results are very encouraging, especially at at time when the world is facing REE supply deficits and supply chain issues.