Anson Resources upbeat over 25% increase in lithium grade from drilling targeted Mississippian Units at Paradox in Utah
The results provide a strong indicator of the upside potential of the company's planned JORC resource upgrade.
Company
Anson Resources Ltd
ASX:ASN
Anson Resources Ltd (ASX:ASN) is a junior mineral resources company with a portfolio of minerals projects in key demand-driven commodities. The company's core asset is the Paradox Lithium Project in Utah, in the USA. Anson is focused on developing the Paradox Project into a significant lithium producing operation.
318 stories · page 2 of 4
Anson Resources using historic diamond core to fast-track Paradox JORC resource upgrade
The core is expected to deliver time and cost savings in upgrading the existing exploration target at the Paradox Lithium Project into indicated and inferred JORC resources.
Anson Resources pleased by high pressures as it wraps up drilling at Long Canyon No. 2 well in Paradox Lithium Project
The high pressure, porosity and permeability is expected to deliver continual flow at the extraction well location over the proposed life-of-mine at Paradox.
Anson Resources lifts planned initial battery-grade lithium production capacity 275% to 10,000 tonnes
The Paradox Lithium Project’s detailed feasibility study, which is well advanced, will now target Stage 1 production capacity of 10,000 tonnes per annum.
Anson Resources collects first brine sample from priority Mississippian Unit at the Paradox Lithium Project in the US
Anson has successfully drilled into the Mississippian units beneath Long Canyon Unit 2, with supersaturated brine flowing to surface without the need for pumping. Samples from this well will be used for metallurgic test work, bulk samples f
Anson Resources greenlit for next drilling chapter at Paradox
Investors won’t have to wait long before the program kicks off: Anson plans to get the drill in the ground as soon as it has completed a work program at the Long Canyon Unit 2 Well.
Anson Resources confirms high pressure and increased flow rates at Paradox Lithium Project's Long Canyon Unit 2 well
Further test-work on the Long Canyon Unit 2 well has confirmed continued high pressure and high flow rates, which the company views as a significant and highly positive outcome.
Anson Resources identifies early brine inflow, continues to drill at Utah lithium project
While the company continues to drill into the up to 120-metre-thick Mississippian units, samples have been taken from the supersaturated brine for testing for lithium and other minerals from the top of the Mississippian units at a depth of
Anson Resources reaches target depth of priority brine aquifer at Paradox Lithium Project
The Mississippian brine aquifer hosts a substantial lithium-rich zone of approximately 100-250 metres in thickness and drilling is aimed at converting an exploration target into a JORC-compliant resource.
Anson Resources updates MoU with TETRA Technologies for bromine from Paradox Lithium-Brine Project
“We are very excited by the growth potential in the zinc-bromine battery market, which will directly support the production of bromine from our Paradox Lithium Project," says executive chair Bruce Richardson.
Anson Resources begins major resource upgrade drilling at US lithium project
Anson hopes to deliver a significant resource upgrade that will support a detailed feasibility study and the development of the Paradox Project into a substantial lithium producing asset.
Anson Resources escalates resource expansion work at Paradox Lithium Project in Utah, US
Anson will re-drill the Cane Creek 32-1 well, Long Canyon No.2 well, Mineral Canyon, and Sunburst 1 wells as part of a project-wide expansion strategy targeting the large Mississippian brine aquifer, which the company hopes to convert into
Anson Resources secures strategic expansion of Paradox Lithium Brine Project, four new blocks added
Anson has doubled down on the Paradox geology, buying up more tenure with geological units prospective for lithium brine as the company looks to upgrade the project's measured resources.
Anson Resources begins resource expansion sampling program at Paradox Lithium Brine Project
Anson is working to probe the deeper Mississippian Units beneath the Paradox Lithium brine Project, aiming to meet its exploration target of 445 million tonnes to 1,000 million tonnes of brine, grading at 70-100 ppm lithium and 2,000-3,000
Anson Resources aims to drill lithium bromine production wells next quarter at Paradox Brine Project in Utah
Anson is targeting bore drilling for the first quarter of 2022 following the completion of earthworks and access roads for the Paradox lithium bromide brine project in Utah.
Anson Resources fast-tracks engineering works for Paradox asset amid favourable lithium market
The exploration and development company has appointed leading global engineering solutions firm Worley to draw up a detailed feasibility study for a lithium production plant.
ASX is down … and is coal a good buy following the net-zero announcement?
“Regardless of what you think about coal as a resource, it has certainly performed very well in the last year with pricing rising from around US$60 a tonne to over US$200 a tonne although it has eased off slightly in the last month."
Anson Resources adds to its uranium and vanadium footprint
Historical production at the Thompson District from as recently as the late 1980s presents an opportunity for near-term production of both uranium and vanadium.
Anson Resources advances Paradox brine production wells with site works underway
“I am pleased with the speed of clearing and access to establish the drill pads for LCW-1 and LCW-2. Drilling of two production wells at Paradox represents another step towards increasing JORC resource confidence level and commencing produc
Anson Resources takes big step towards producing at Paradox with approval to drill lithium-bromine production wells
“These production wells will provide significant insight into the engineering and logistics of the Paradox operation, with location of the wells carefully considered and nearby the lithium bromine plant planned to be built at Blue Hills," s
Anson Resources increases Paradox Brine Project area in Utah by 20%
It has staked an additional 228 placer claims, which are highly prospective for lithium-rich brines and abut Anson’s Cane Creek claims at its Paradox Brine Project in Utah.
Anson Resources defines priority targets for stage 1 drilling at The Bull
The company is closely following the ‘proven’ exploration strategy used to discover the nearby world-class Julimar Nickel-Copper-PGE Project.
Anson Resources confirms high-grade uranium and vanadium at Yellow Cat, Utah
The ASX-listed battery metals producer is moving to advance the Yellow Cat project in Utah given the obvious potential to supply high-grade uranium ore to help fill existing local mill processing capacity.
Anson Resources granted trading halt with capital raising news pending
The company’s shares will remain in a trading halt until Tuesday, September 14, or when an announcement is released to the market.
ASX begins to cross below 20-day moving average
Anson Resources Ltd is up 19.39% on receiving positive battery test-work results from NOVONIX Ltd, demonstrating its high-purity lithium makes batteries last longer.
Anson Resources higher on news that its high-purity lithium could make batteries last longer
Test-work for high-performance lithium-ion batteries using Anson’s high purity lithium carbonate and lithium hydroxide is proving successful.
Anson Resources stage one PEA update for Paradox Brine Project identifies further improvements
The ASX-lister is well on its way to developing a world-class lithium brine project right on Tesla’s doorstep as it updates a key economic study on the flagship Paradox Basin asset in Utah.
Anson Resources achieves even higher lithium recoveries in alternate DLE technology tests
As part of its continual improvement agenda, Anson is testing several alternative DLE technologies with the aim of improving operational and economic performance, as well as taking into account Environmental, Social & Governance (ESG) consi
Anson Resources achieves higher lithium recoveries with Alternate DLE Technology
The company’s lithium DLE recovery rate increased from 80% to 90% without a of chemical wash.
Anson Resources applies to drill two production wells within Paradox Brine Project in Utah
Brine from the production wells will be supplied to the planned Paradox Brine Project bromine/lithium plant.
Anson Resources progresses re-entry program application for Paradox Well in Utah
A recent site visit demonstrates that Anson’s plan of operations application is progressing through the US Bureau of Land Management system.
Anson Resources mapping at The Bull confirms similar geological terrane to Julimar
The early results from the resource mapping indicate The Bull Project has similar features to the world-class Julimar nickel-copper-PGE deposit.
Anson Resources begins EM survey to define The Bull drill targets
The company is pleased to start the next stage of exploration at the project that will allow its technical team to generate and refine a suite of targets for planned drill testing later this year.
Anson Resources enhances nickel-copper-PGE prospectivity of The Bull
The company is encouraged by the data generated from the drone magnetic survey and subsequent 3D aeromagnetic inversion model that identified bedrock conductors within the anomaly.
Anson Resources begins trading on US-based OTC Markets platform
This follows considerable interest shown by North American investors after the recent updated preliminary economic assessment for the Paradox Brine Project in Utah, USA.
Anson Resources’ drone magnetics at The Bull confirms and further defines nickel-copper-PGE bullseye target
The Bull nickel-copper-platinum group element project is just a stone’s throw from the Julimar discovery, which bears striking similarity to Anson’s 100%-owned asset.
Anson Resources granted The Bull Nickel-Copper-PGE Project tenement
The magnetic signature at the Bull is underlain by magnetic features that are similar to what is seen at the Julimar discovery.
Anson Resources increases Paradox Brine Project exploration target by up to 257%
A supersaturated brine aquifer below the existing resource has provided a new exploration target of 1.3-1.8 billion tonnes grading 80-140 parts per million lithium and 2,000-3,000 parts per million bromine.
Anson Resources granted additional claims at Paradox Brine Project in Utah
The company believes the leases add strategically important areas with potential for the future location of re-entry programs, drilling of production wells and brine extraction activities.
Anson Resources’ independent PEA for Paradox Brine Project in Utah adds lithium carbonate production to Phase 1
The updated PEA to accelerate the production of lithium chemicals to Phase 1 of the project follows a strategic review and recognition of changing market conditions for lithium.
Anson Resources higher as initial Novonix results show Paradox brine samples exceed commercially available Tier 1 products
The test-work has indicated a lithium quality that exceeds commercially available Tier 1 products currently used in the production of high-performance lithium-ion batteries.
Anson Resources accelerates flagship Paradox project development in response to US Biden Administration’s support for electric vehicles
In addition to the significant progress made with respect to engineering studies underway at Paradox, it is accelerating the production of lithium chemicals to Stage 1, following a strategic review and recognition of improving market condit
Anson Resources to accelerate production of lithium chemicals to Stage 1 at its Paradox Brine Project in Utah, US
The timeframe for an updated Stage 1 lithium preliminary economic assessment (PEA) and brine PFS completion is late first quarter/early second quarter 2021.
Anson Resources begins lithium battery cell performance testing through Novonix
Novonix provides high precision battery testing equipment and advanced R&D services to tier-1 battery makers and OEMs including Panasonic, CATL, Samsung, SK Innovation, LG Chem, Bosch, Honda and Dyson.
Anson Resources confirms anomalous PGEs and ‘upside potential’ at The Bull Project
The initial ground truthing sampling program is the first phase in Anson’s low-cost exploration program at The Bull Project.
Anson Resources on the charge with surveys underway at The Bull
Drone magnetic and ground gravity surveys will be carried out over the main target area and data obtained will be used to produce high-resolution imagery for the interpretation of structural details and geometry.
Anson Resources raises $2.4 million to accelerate base metals exploration
Funds raised through the placement will be used to accelerate exploration across the company’s base metal portfolio in Western Australia, with a particular focus on The Bull nickel-copper-platinum group elements project.
Anson Resources in back-to-back trading halt ahead of capital raising news
An MLEM survey will be conducted over the next few months at the Bull Project in WA, with an initial small-scale drilling program to be carried out next quarter.
Anson Resources’ initial exploration program finds three major targets at The Bull Project, now a priority focus
This indicates that The Bull has a similar geological terrane as Chalice Gold Mines' Julimar Nickel-Copper-PGE discovery correlating with the geophysical interpretation.
Anson Resources interprets larger nickel-copper-PGE intrusive complex at The Bull
The Bull forms a key focus in the company’s WA base metal exploration portfolio especially with renewed interest in nickel sulphide mineralisation and associated copper and PGE minerals.
Anson Resources targets nickel-copper-PGE in low-cost exploration program at Hooley Well
Up to 22 metres at 0.97% nickel, 1.08% chromium and 0.06% copper, including 8 metres at 1.24% nickel and 1.17% chromium from 16 metres has been assayed at the project in limited shallow historic drilling programs.
Anson Resources' Yellow Cat Project returns high-grade uranium and vanadium XRF results
Initial mapping and XRF sampling has been completed by SRK Consulting with high grades of up to 26% uranium and 14% vanadium recorded.
Anson Resources up 25% on identifying three major targets at The Bull Project near Chalice discovery
The Bull Project is surrounded by Chalice’s Gonneville tenements, only 35 kilometres from Perth with access to all major infrastructure requirements such as major roads, rail and power.
Anson Resources expands Bull Project area adjacent to Julimar nickel-copper-PGE discovery
The company has pegged an additional 26 square kilometres taking the Bull Project which is highly prospective for nickel-copper-PGE mineralisation, to 56 square kilometres.
Anson Resources targets high-grade base metals at Ajana project in WA
The company is planning initial low-cost exploration programs at some of the highly prospective lead-zinc-copper-silver mineralisation targets at the project which were identified in a review of historical data.
Anson Resources plans re-entry program aimed at boosting Paradox Brine Project indicated resource
The company has submitted a Plan of Operations for a re-entry program to the US Government for the Sunburst and Mineral Canyon wells at the project in Utah.
Anson Resources accepts oversubscriptions bringing top-up placement funds to A$1.16 million
Funds raised will allow the company to accelerate development at its flagship Paradox Brine Project with a pre-feasibility study to begin this quarter.
Anson Resources receives commitments for $900,000 in top-up placement
Funds raised will allow the company to accelerate development at its flagship Paradox Brine Project with a pre-feasibility study to begin this quarter.
Anson Resources completes SPP to raise A$1.045 million
The company has made further progress towards development of its bromine and lithium production plan at the Paradox Brine Project in the USA with land and cultural surveys accepted by the Utah State Government.
Anson Resources receives SPP applications totalling $1.045 million
The company recently made further progress towards development of its bromine and lithium production plan at its Paradox Brine Project in the USA with land and cultural surveys accepted by the Utah State Government.
Anson Resources extends share purchase plan closing date
The extension recognises the impact COVID-19 has had on the time taken for the prospectus and application forms to reach all shareholders.
Anson Resources progresses planned bromine/lithium production plant at Paradox project
The company is completing the required land and cultural and environmental surveys required for to prepare the plan of operations for the project.
Anson Resources to begin Yellow Cat uranium exploration buoyed by strong market fundamentals
Yellow Cat, which is 40 kilometres from the flagship Paradox Brine Project presents an opportunity to leverage investment in Paradox to develop another world-class project in the area.
Anson Resources launches $3 million capital raising to advance Paradox Brine Project in US
A $2 million SPP will be followed by a top-up placement to raise a further $1 million from professional and sophisticated investors.
Anson Resources halted with capital raising announcement pending
The company plans to build a production facility at a site 46 kilometres from the extraction wells at the Paradox Brine Project.
Anson Resources progresses Paradox Brine infrastructure development
The company will seek access to power, natural gas, pipeline Rights of Ways (RoW) and extensions as well as road access.
Anson Resources study indicates high economic viability for Paradox Brine Project in USA
The PEA results have confirmed the potential for a long-life, sustainable commercial-scale production with upcoming milestones including the beginning of a pre-feasibility study and offtake arrangements.
Anson Resources further de-risks Paradox Brine Project with updated resource estimate
The Paradox Brine Project is within a mature oil and gas district with brines with historically high published concentrations of lithium.
Anson Resources acquires WA nickel-copper-PGE project near Julimar discovery
The company has also raised $600,000 in a placement to help fund a PEA for the Paradox Brine Project in the US.
Anson Resources halted with capital raising news pending
The halt will be in place until Friday, April 3, or when an announcement is released to the market.
Anson Resources to test historic diamond core and cuttings with aim to upgrade lithium resource
The company is targeting mineral-rich brines in the deepest part of the Paradox Basin near Moab, Utah.
Anson Resources shares up as it produces battery-grade product
Anson’s consultant Veolia Water Technologies has successfully produced lithium hydroxide monohydrate, which will now be sent to potential customers.
Anson Resources reaches engineering study stage at Paradox Brine Project
The company has taken another step as it transitions from exploration and development into production and commercialisation.
Anson Resources achieves first stage of lithium hydroxide monohydrate crystallisation in Paradox tests
Anson is targeting mineral-rich brines in the deepest part of the Paradox Basin near Moab in Utah, USA.
Anson Resources chairman and CEO adds to holding
Bruce Richardson has acquired further shares in his second on-market transaction this month.
Anson Resources secures US$750,000 from major shareholder as PFS continues
The funding comes from major shareholder Chia Tai, who has made multiple investments since 2017 and not divested any of its shareholdings.
Anson Resources chairman and CEO purchases shares on-market
Bruce Richardson has acquired a further 168,000 shares and now holds a total of more than 24 million.
Anson Resources secures $3.27 million funding for Paradox Project
The funding comes from major shareholder Chia Tai, who has made multiple investments in Anson since 2017 and not divested any of its shareholdings.
Anson Resources in trading halt ahead of capital raising
The company is focused on advancing its flagship Paradox Brine Project in the US state of Utah.
Anson Resources confirms it can extract bromine in stage two test work
The bromine samples produced from the stage two test work will be offered to potential investors, end users and offtake partners.
Anson Resources produces high-grade lithium carbonate bulk sample
By producing the bulk sample, Anson has successfully demonstrated its processing methodology for its flagship Paradox Brine Project in Utah, US.
Anson Resources increases JORC resource by 289%
The Paradox project’s resource has increased to 501 million tonnes of brine by including 4 additional clastic zones.
Anson Resources to advance bromine test work after latest results
The test work is being undertaken by German contractor De Dietrich Process Systems GmbH, a specialist in designing bromine plants.
Anson Resources receives assays from Skyline well, JORC update pending
The strong assay results will feed into a resource update, which will be used in the upcoming scoping study.
Anson Resources able to separate lithium hydroxide and chlorine using electrolysis
It is understood that Anson has been the first to achieve this result from a commercial brine, sourced from its flagship Paradox Brine Project in Utah, US.
Anson Resources uses innovative process to deliver lithium hydroxide solution milestone
This production process is part of the company’s program to produce high-quality, low-impurity samples for testing by end-users and offtake partners.
Anson Resources confirms 35 metres of brine bearing zones at Skyline well in Utah
Clastic Zones 17, 19 & 29 of the Skyline Unit 1 well successfully perforated, sampled and sent for assay.
Anson Resources appoints Veolia for lithium hydroxide test work
Test work aims to prove that battery-grade lithium hydroxide can be produced from the project.
Anson Resources secures bromine/lithium plant site approval from Utah government
The new area will host Anson’s proposed industrial scale bromine modular plant and lithium pilot plant.
Anson Resources achieves lithium concentrate benchmark using Paradox brine
The benchmark was reached using equipment that can be easily upscaled to commercial production levels and readily available in the US.
Anson Resources eyes early bromine revenue stream at Paradox project as it plans to extend JORC resource
The company is pursuing a multiple mineral and multiple revenue strategy as it looks to extract boron, bromine, iodine and lithium.
Anson Resources sees bromine as early cash flow opportunity
A modular bromine plant could produce early cash flow and save on development costs due to processing benefits.
Anson Resources completes $1.5 million placement to strategic investor
The investment from Shanghai-based Chia Tai Xingye International shows its commitment to Anson’s Paradox Brine Project in the US.
Anson Resources strategic investor provides $1.5 million in funding
The investment from the Shanghai-based strategic shareholder shows its commitment to the Paradox Brine Project.
Anson Resources test work produces lithium chloride
Test work is designed to produce lithium carbonate and lithium hydroxide from brine at its Paradox Project.
Anson Resources targets JORC upgrade with well re-entry program
Anson established its maiden JORC resource by re-entering old oil wells, now it plans to re-enter two more wells for brine sampling.
Anson Resources lodges application to build additional pilot operation
The lease, when granted, will allow Anson to build infrastructure required for a lithium brine mining and processing operation.
Archive
Anson Resources to leverage extensive lithium industry experience of Tom Currin
This appointment will assist the company to optimise the extraction of multiple chemical products from brine sourced from the Paradox project.
Anson Resources has lithium carbonate product quality confirmed by prospective customer
A Chinese cathode producer has confirmed Anson's lithium carbonate sample as being high-purity.
Anson Resources dispatches pre-treated brine to produce lithium carbonate chemicals
The brine will now be subject to ion exchange processing, which will produce purified lithium chloride eluate.