Anson Resources begins bromine recovery test work
Test work so far has focused on extracting lithium but the extraction of other valuable chemicals such as bromine could increase project economics.
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.
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Anson Resources delivers lithium carbonate sample for prospective China customers
A lithium carbonate sample has been delivered to a cathode manufacturer for testing in China.
Investments and investor services
Anson Resources has new substantial shareholder in Chia Tai Xingye
The Shanghai-based strategic investor has accumulated a 12.27% stake with a total of 67.5 million shares.
Investments and investor services
Anson Resources raises $1.6 million from strategic investor Chia Tai Xingye
The placement of 27.5 million shares priced at 6 cents demonstrates the investor’s support for the company’s lithium strategy.
Anson Resources reveals maiden brine resource at Paradox
The resource estimate establishes a foundation to advance the project towards a scoping study.
Anson Resources boost Exploration Target ahead of maiden JORC release
The Exploration Target is an indication of the project's growth potential.
Anson Resources surges after producing battery-quality lithium carbonate at Utah project
The in-field pilot will utilise industrial-scale continuous processing equipment which will unlock the company’s ability to achieve high lithium recoveries.
Anson Resources CEO and non-executive director participate in share purchase plan
The share purchase plan closed after receiving applications for $608,700 worth of shares.
Anson Resources secures over $15 million funding for lithium carbonate plan
Multiple forms of funding have been secured in the form of an equity facility, SPP, and placement.
Anson Resources director buys shares on market
The engineering design of Anson’s brine pre-treatment and lithium carbonation processes at the Paradox Brine Project in Utah has been completed.
Anson Resources' industrial-scale lithium pilot plant process design completed by Hatch Engineering
The company plans to partly fund the pilot plant from the security purchase plan currently open for participation by eligible shareholders.
Anson Resources confirms “exceptionally high” brine flow rates at Paradox project
The high artesian flow rate supports the theory that no pumping will be required for extraction of brine.
Investments and investor services
Anson Resources will raise up to $3 million in SPP to support lithium carbonate tests
The SPP follows a placement to strategic investor Chia Tai Xingye International valued at $1.65 million.
Anson Resources prepares lithium carbonate samples for qualification testing
The company has a $1.65 million commitment from a strategic investor and is rattling the tin for a further $1.35 million.
Anson Resources records up to 320% increase in flow rates from Paradox Brine Project in US
Flow rates have increased “significantly” in the Skyline Unit 1 and Long Canyon No 2 wells with data to be used in a resource estimate.
Anson Resources raising funds to support ongoing Paradox lithium carbonate testing
Funds raised will be used for the design and engineering of an in-field industrial-scale pilot plant as well as general working capital.
Anson Resources welcomes Tino Kapfumo as company secretary and finance manager
The company has recently staked 396 yellow lode claims in the Yellow Mining district in Utah.
Anson Resources stakes vanadium claims in Utah
The new Yellow Cat Project is prospective for both vanadium and uranium.
Anson Resources assays 253ppm lithium in brine from Paradox project in US
The company is fast-tracking a JORC resource estimate using results from drilling of wells at the project along with historical assays.
Anson Resources’ US lithium project also prospective for bromine, boron and iodine
The company is extracting lithium as well as high-value bromine, iodine and boron in tests at its Utah brines project.
Anson Resources bolsters board with lithium processing expertise
The appointment comes at a key time as the company advances development of an industrial-scale, in-field pilot plant.
Anson Resources records its deepest flow of supersaturated brine from Paradox
A flow rate of 35 barrels per hour was recorded for 10 hours from 6,318 feet below surface at the Long Canyon No 2 well.
Anson Resources test work shows 89% boron recoveries
Boron is an in-demand mineral used in the production of semiconductors.
Anson Resources drilling of Long Canyon No. 2 well on track
The company is exploring for mineralised brines by re-entering old oil wells in Utah.
Anson Resources well positioned to benefit from increasing lithium demand: Arrowhead
Arrowhead Business and Investment Decisions has updated its coverage on Anson with a fair value of 28 cents in the high bracket scenario.
Anson Resources intersects lithium brines 91% higher than previous assays at US project
The company is encouraged by the strong flow rates and concentrations of bromine and iodine also encountered.
Anson Resources granted extended rights for Paradox Project lease
Utah’s School and Institutional Trust Land Administration (SITLA) granted the new rights.
Anson Resources intersects strong brine flow at Skyline well in Utah
Samples collected will be sent to a certified laboratory in Texas for assaying for lithium, iodine, bromine, boron and other minerals.
Anson Resources achieves high bromine and iodine recoveries from Paradox
The company is assessing how to incorporate bromine and iodine recovery processes into the in-field pilot plant.
Anson Resources commences drilling for brine in old oil well
Drilling is part of the program to estimate a maiden JORC Resource for the project.
Anson Resources begins building drill pad for third well, JORC on track
The company aims to estimate a JORC resource using samples taken from old wells.
Anson Resources begins roadworks to access drill pad at US lithium project
The company is working towards a JORC estimate at the Paradox project with a drill program set for completion this quarter.
Anson Resources installs brine holding tanks for pilot plant at Paradox Lithium Project
Process refinement test work is on-going with Hatch and Lilac progressing with design and engineering.
Anson Resources preparing to commence re-entry of oil wells
By re-entering old oil wells, lithium brine samples can be collected.
Anson Resources receives permit to re-enter two oil wells
Drilling of these two historical oil wells is planned to commence early next year.
Anson Resources finalises location of pilot plant for Paradox Lithium Project
The plant will be on an existing pad, which takes advantage of existing infrastructure and provides cost advantages.
Anson Resources shares rise after achieving high lithium recoveries from brine in the US
Lithium recovery has increased to about 80% after passing through Lilac’s ion exchange process.
Anson Resources lodges re-entry application for two wells at Paradox Lithium Project
The company is seeking to estimate a JORC-compliant lithium resource at the project in Utah.
Anson Resources makes appointments to address skills gap in board
A new non-executive director has been appointed while Bruce Richardson has been appointed chairman and CEO.
Anson Resources shares surge on producing first lithium hydroxide product
The company remains on track to produce battery-grade products from its lithium-rich brines in Utah, US.
Anson Resources enters trading halt pending test work results
Shares in the company last traded at 7.6 cents before being halted.
Anson Resources lifts Paradox lithium exploration target 30% after staking new claims
An exploration target of between 85 million and 171 million tonnes of brine has been set at the project in Utah.
Anson Resources aims to re-enter three wells as part of fast-track lithium strategy
Recently staked claims have provided options to re-enter and sample existing wells at the Paradox project.
Hardware & electrical equipment
Lithium demand surges along with growth in electric vehicle market
GlobalData forecasts that demand for lithium will more than double to 58,300 tonnes in 2022.
Anson Resources increases lithium prospective claims at Paradox project by 33%
The 334 new claims total 2,640 hectares and surround the Cane Creek well and industrial lease.
Anson Resources’ drill approval provides another option as US lithium project advances
The Long Canyon A1 site may assist in establishing a JORC-compliant resource at the Paradox project.
Anson Resources on-site lithium evaporation tests compare favourably with lab tests
Lithium concentration in the evaporation ponds increased to 398ppm after 17 days of evaporation.
Anson Resources continues to receive positive lithium brine test results
Reactor evaporation completed within two hours and lithium concentration increased to 891 ppm.
Anson Resources test work shows grades of lithium and boron rising higher
Shares in the company have tripled over the past month to 14.5 cents.
Anson Resources receives lease approval for pilot plant area
The lease for the pilot plant adjoins the Cane Creek 32-1 well pad area.
Anson Resources produces first lithium carbonate, shares rise
Shares in the company are trading up 13.7% to 16.5 cents intra-day.
Anson Resources to raise $2.5 million in share placement
Funding will go towards estimating a maiden lithium brine JORC resource.
Anson Resources granted trading halt pending capital raising
The halt will remain in place until the start of normal trading on Thursday, July 12, or when the announcement is released.
Anson Resources test work reveals higher grade concentrates, shares surge
This work forms part of Anson’s plan to fast-track the lithium brine project.
Anson Resources’ US lithium strategy sees Arrowhead initiate coverage
The New York-based company has placed a Fair Market Value of 5 cents to 9 cents on the ASX-listed explorer.
Anson Resources sees good flow rates upon re-opening sampled well
Data showed good flow rate, pressure and brine temperature.
Anson Resources surges 62% on positive Paradox lithium evaporation tests
Initial bench top test work on brine from Cane Creek 32-1 has increased lithium concentration by 250%.
Anson Resources re-opening Cane Creek well to conduct further tests
To obtain data to assist with battery grade lithium production process design.
Anson Resources applies for lithium drilling permit at Paradox
The proposed new A1 LC hole is required to estimate a lithium JORC resource.
Anson Resources upgrades lithium exploration target at Paradox project
Project economics have improved, providing Anson with the confidence to proceed to stage 3.
Anson Resources stakes new claims near Paradox Lithium Project
The new claims have old oil wells which can be re-entered to test for lithium brines.
Anson Resources experiences improved exploration success close to Long Canyon area
Cloud, Cane and LC South will be part of Anson's Paradox project with the claims being close to oil wells with historically recorded lithium values.
Anson Resources receives promising lithium assays and stakes three new claims
The Roberts Rupture structure is only 140 metres to the east of the recently acquired Cloud claims.
Anson Resources' Cane Creek well demonstrates promising high-pressure and temperatures during sampling
The strong flow rates are important as they could reduce operating costs if maintained during production.
Anson Resources spikes 70% on news of supersaturated brine flow at Paradox Lithium Project
On the score of pressure requirements, management drew comparisons with the high-grade Long Canyon I well.
Anson Resources enters ASX trading halt ahead of update
Earlier this week, the company staked two additional placer claims at its Paradox Lithium Project.
Anson Resources stakes two new lithium claims at Paradox project in Utah
The claims are close to wells where supersaturated brine has been recorded to contain high grades of lithium and other minerals.
Anson Resources suggests lithium trap could be responsible for varied assay results
Cane Creek 32-1 is 5 kilometres south of Gold Bar Unit 2 and could provide information regarding the possibility of a lithium trap.
Anson Resources awaiting samples as it works towards establishing JORC resource
The JORC resource is required for the feasibility study.
Anson Resources to begin sampling brines from new well in Lithium Four Corners area
The company aims to produce first lithium carbonate from its project in the US state of Utah during the June quarter.
Anson Resources confirms supersaturated brines at U.S. lithium project
The brines were intersected during re-entry drilling of the Gold Bar Unit 2 well.
Anson Resources to start brine sampling for lithium at newly acquired well
Information from the well will help determine how best to produce lithium.
Anson Resources raises cash from options exercise
First production of lithium carbonate is expected in April 2018.
Anson Resources gets more funding to develop lithium brine project
Progress with the bench-top and in-field pilot plants will assist with the feasibility study.
Anson Resources acquires power source as it moves to first lithium carbonate in April
The first production of lithium carbonate from the pilot plant is expected in April 2018.
Anson Resources conducting sample testing ahead of April lithium carbonate production
Sampling from Clastic Zone 31 will assist in assessing project economics.
Anson Resources starts sampling on path to lithium production
First lithium carbonate production from a bench top plant is expected in April 2018.
Anson Resources on track for lithium carbonate production
The company’s shares have today reached a 12-month high of $0.28.
Anson Resources ready to drill at U.S. lithium project
Shares continue to surge, reaching new 12 month high of $0.19.
Anson Resources' shares cruise to 12-month high
Anson is on-track to produce its first lithium carbonate in April 2018.
Anson Resources breaks ground at Paradox Lithium Project
The company plans to produce its first lithium carbonate in April 2018.
Anson Resources shares surge, remains on track for lithium carbonate production
Shares in the company traded up 43% to $0.105 during the morning session.
Anson Resources will begin phase I exploration this week at U.S. lithium project
The access road is to be upgraded and the drill pad constructed.
Anson Resources extends lithium brine project near high-grade lithium
The share price has surged in recent months in anticipation of the maiden drill program.
Anson Resources prepares for highly anticipated drilling at Paradox Lithium Project
Anson is fully permitted to drill its Paradox Lithium Project.
Anson Resources secures additional funding from Zhongfan Group
Planning of the fast-track development of an in-field pilot plant has commenced.
Anson Resources upgrades lead deposit to JORC 2012
Anson’s flagship project is the Paradox Lithium Brine Project located in Utah, U.S.
Anson Resources' shares soar as results higher than expected from Paradox Brine Project
Anson is targeting lithium rich brines in the deepest part of the Paradox Basin.
Anson's shares spike on continued progress at lithium project in the U.S.
The company remains on schedule to start drilling in the December quarter.
Anson Resources aims to fast-track Paradox Lithium Project with the help of Zhongfan Group
Anson placed 20 million shares to Zhongfan at $0.03 to raise $600,000.
Anson Resources to drill for lithium in Utah this year
Anson remains on schedule to commence drilling in the December quarter 2017.
Anson Resources allocates code for heavily in-the-money options
The options are priced at $0.025, with Anson last trading at $0.044.
Anson Resources to receive foreign investment for test work
Shares have more than doubled over the past month to $0.039.
Anson's enters four-bagger territory as lithium drilling draws closer at Paradox
Paradox is located an 11-hour drive from the Tesla Gigafactory in Nevada.
Norwest Energy and Anson Resources top ASX Most Active, but shares head in different directions
There is a lot of market action in the small caps this morning.
Anson Resources' shares rocket higher on lithium off-take agreements
Anson is the most active stock on the ASX in morning trade.
Anson Resources' shareholders snap up share offer which is two-times subscribed
In total Anson raised $1.2 million as it progresses to drilling for lithium.
Anson Resources tops the ASX % Gainers as lithium drilling nears
Anson's project is located an 11-hour drive to Tesla's Gigafactory.
Anson Resources moves a step closer to drilling lithium brine project in Paradox Basin
Drilling is expected to commence during the December quarter 2017.
Anson Resources priority lithium drill target validated by SRK Consulting
Anson is re-entering the well to test super saturated brines for lithium.