Asgard is a 100%-owned Australian subsidiary of Ariana Resources, which was established to focus on technology-commodity opportunities.  Projects hosting metals utilised in renewable-energy applications, such as antimony and lithium, are being actively reviewed. Such commodities are potential economic game-changers for a growing global population driven towards green-energy platforms.

Asgard initially held interests in several lithium pegmatite projects in Western Australia and the Northern Territory and vended these in to two separate ASX-listed companies, Dakota Minerals Ltd and Kingston Resources Ltd.  Asgard has since sold its interests in these companies, netting A$3.5 million in the process.  

Following this, Asgard entered in to a Memorandum of Understanding with Metal Tiger plc in 2016 for the review, exploration and development of lithium-tantalum opportunities in the Malay Peninsula although activity on this project was placed in to stasis pending licence applications.