ASKARI METALS LIMITED

Uis Lithium Project The Uis Lithium Project is located in Namibia, Africa covering an area of 308.12 km² located less than 5km from the township of Uis and less than 2.5km from the operating Uis Mine owned and operated by AfriTin Mining plc (LSE. ATM), within the Erongo Region of west-central Namibia. The Namibian capital city of Windhoek is located approximately 270km southeast of the Uis Lithium Project. The deep water port of Walvis Bay is located less than 230km away by sealed roads accessible all year round. The Uis Lithium Project boasts more than 120 mapped pegmatites across the project area, with many of the pegmatites having been mined historically for tin and semi-precious stone. An abundance of altered spodumene is visible both within the workings and the mined rock around the workings. High-grade lithium up to 3.2% Li₂O has been sampled on surface as well as high-grade tin up to 3.2% Sn, high-grade tantalum up to 663ppm Ta and high-grade rubidium up to 3,387ppm Rb. The Uis Lithium Project represents a significantly under-explored lithium opportunity in a first-ranked jurisdiction in close proximity to key mining infrastructure and services.

Hillside Lithium Project The Hillside Lithium Project covers an area of approximately 65km 2 located in the Pilbara region of Western Australia, which is highly prospective for Lithium-Tin-Tantalum (Li-Sn-Ta) mineralisation. The Hillside Lithium Project is located along strike and adjacent to the Trigg Hill and East Curlew lithium projects which are being actively explored by Eastern Resources Limited (ASX. EFE) where drilling has been ongoing at the Trigg Hill lithium project and EFE has reported high-grade rock-chip assays in extensive lithium-caesium-tantalum (LCT) pegmatites, with results up to 2.28% Li₂O, 1,552ppm Cs₂O, and 514ppm Ta₂O₅. The Hillside Lithium Project is located less than 4km NE of the Tambourah Project which is being actively explored by Riversgold Ltd (ASX. RGL) and the Tambourah North Project which is being actively explored by Trek Metals Limited (ASX. TKM).

Yarrie Lithium Project The Yarrie Lithium Project is a district-scale lithium exploration opportunity located in the eastern Pilbara lithium hotspot adjacent to and along strike of significant and growing hard-rock lithium deposits. Due to its favourable location and underlying geology, the Yarrie project is considered highly prospective for hard-rock lithium mineralisation in pegmatites. The Yarrie Lithium Project comprises nine exploration licenses covering more than 1,700 km² in the eastern Pilbara lithium hotspot, approximately 50km northeast of Marble Bar, Western Australia. The Company has generated a targeted “lithium-exploration” model for the project, providing focus within this district-scale opportunity where dedicated lithium exploration can be conducted. A review of the key geological structures present at the Yarrie Lithium Project has revealed several structures and geological formations which may have acted as potential conduits for lithium-bearing mineralising fluids.

Myrnas Hill Lithium Project The Myrnas Hill Lithium Project located in the eastern Pilbara region of Western Australia and is highly prospective for Lithium-Tin-Tantalum (Li-Sn-Ta) mineralisation. Myrnas Hill is located approximately 50km from the world-class Pilgangoora Lithium Mine (ASX. PLS) and boasts a similar geological setting with target host rocks strongly analogous to that of the nearby world-class Pilgangoora and Wodgina Lithium Mines. Myrnas Hill is located adjacent to KZR / SQM JV at DOM’s Hill Lithium Project and KZR Pear Creek Lithium Project where recent exploration success by KZR has identified broad highly anomalous soil sample results and high-grade rock chip sample results. Myrnas Hill sits exclusively within the LCT Pegmatite “Goldilocks Zone” and covers an area of approximately 50km² within the highly prospective region of Pilbara, Western Australia, known for delineating some of the world’s largest lithium deposits. The Myrnas Hill Lithium Project is located less than 30 km north-west of Global Lithium Resources Limited (ASX:GL1) Archer Lithium Deposit (Marble Bar Lithium Project) near Marble Bar containing 10.5MT @1.0% Li₂O.

Barrow Creek Lithium Project The Barrow Creek Lithium Project (BCL Project) is located in the Northern Arunta Pegmatite Province of Central Northern Territory. The BCL Project is located within 20 km of the Central Australia Railway line, which links Darwin and Adelaide, thereby providing additional transportation options for the future development of the BCL Project. The project covers 278km² within the highly prospective Northern Arunta Pegmatite Province, known for hosting extensive pegmatites and is highly prospective for Spodumene dominated hard-rock Lithium mineralisation. The BCL Project is surrounded by tenements owned by Core Lithium Limited (ASX: CXO) and Lithium Plus Minerals Limited (ASX: LPM) and is proximal to several known Lithium-Tin-Tantalum occurrences. These also share similar geological settings with the BCL Project. Highly fractionated pegmatites have been mapped and documented in government reports in this region, but limited exploration has been undertaken on the BCL Project area. The project’s location, its under-explored nature and the numerous mineralised occurrences nearby point to significant exploration upside for the BCL Project.

MT MAGUIRE Gold and Base Metal Project The Mt Maguire Gold and Base Metal Project is located in Western Australia, has been historically explored with extensive gold mineralisation identified in drilling, including 31m @ 0.84g/t Au from 20m including 1m @ 6.74g/t Au from 25m. The Mt Maguire Gold and Base Metal Project is located along strike of Kalamazoo Resources Limited (ASX: KZR) Ashburton Project. The town of Paraburdoo is located approximately 10km to the north, while Newman is around 200km to the east. Access is by station tracks from the Nanutarra-Wittenoom Road.

Horry Copper Project, WA COPPER PROJECT The Horry Project is located in the north-eastern area of Western Australia. The Horry Copper Project boasts high grade Cu-Au-Ag gossanous mineralisation up to 60m long and 2.4m wide, however, broader mineralization exists over 7.4m width and 900m along shear zone with high-grade rock chip results identified on surface. The Horry Copper Project lies within the strongly deformed and mineralised Halls Creek Mobile Belt bounding the eastern edge of the Kimberley Craton – highly prospective high-grade copper-gold mineralisation with a broader low-grade copper-gold porphyry system. The Horry Copper Project is located along strike of the Halls Creek Copper Project owned by Cazaly Resources Limited (ASX: CAZ) which has reported high-grade drilling intersections including 64m @ 2.72% Cu (1.13% Zn), 62m @ 2.41% Cu (2.75% Zn), 37m @ 2.63% Cu (6.05% Zn), 16m @ 5.91% Cu and 18m @ 2.53% Cu.

BURRACOPPIN Gold Project The Burracoppin Gold Project hosts high-grade shallow gold intersections which have not been followed up with modern exploration techniques. The Burracoppin Gold Project is considered prospective for gold, nickel and platinum group elements (PGE). The Burracoppin Gold Project is located approximately 20km east of Merredin and 15km west of the Edna May Gold Mine.

CALLAWA COPPER PROJECT The Callawa Copper Project is located in Western Australia and hosts high-grade rock samples on surface which have not been adequately followed up with further exploration. The Callawa Copper Project covers granitic rocks untested for porphyry style mineralisation. Surface sampling has returned assay results of up to 28.7% Cu in altered granite, with elevated gold values, supported by other surface samples of 19% Cu, 9.4% Cu, 7.63% Cu and 2.68% Cu. A series of small shallow pits are spread over about 40m. The Callawa Copper Project contains over 2km of prospective strike, located to the west of the Rio Tinto "Winu Copper Gold Discovery" and north-west of the large Nifty Copper Mine. The Callawa Copper Project demonstrates significant potential for a further copper-gold discovery within the Archean Warrawagine Granitoid Complex.

SPRINGDALE Copper-Gold Project The Springdale Copper-Gold Project in New South Wales is located in the premier Lachlan Fold district and has been the subject of significant historic high-grade production. The Springdale Copper-Gold Project offers the Company exposure to a potential copper-gold porphyry style of mineralisation hosted within the Ordovician Volcanics and is strategically located in close proximity to the Temora Cu-Au Project owned by Sandfire Resources Limited (ASX: SFR).