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Anson Resources tops the ASX % Gainers as lithium drilling nears

Anson's project is located an 11-hour drive to Tesla's Gigafactory.

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Anson's project is located an 11-hour drive to Tesla's Gigafactory.

Anson Resources Ltd's (ASX:ASN) shares have jumped 38.5% on volume of 10 million in early trade, making the company the best performer on the ASX.

Anson is advancing towards drilling its lithium brine project located in the Paradox Basin, Utah, U.S.

Historical brine analysis taken within 800 metres of the project produced results ranging from 500 ppm to 1,700 ppm lithium, comparable to the world's highest grades of lithium brine.

Paradox is located in a resources friendly jurisdiction and is an 11-hour drive to the Tesla Inc's (NASDAQ:TSLA) Gigafactory in the neighbouring state of Nevada.

Company Name Code Last Change Volume
Anson Resources Ltd ASN $0.018 38.46% 10,547,529
Stargroup Ltd STL $0.031 34.78% 31,885,821
Tomizone Ltd TOM $0.016 33.33% 31,032
Search Party Group Ltd SP1 $0.005 25% 100,000
Kalnorth Gold Mines Ltd KGM $0.016 23.08% 22,700
3D Resources Ltd DDD $0.011 22.22% 9,467,137
Motopia Ltd MOT $0.040 21.21% 12,500
Digitalx Ltd DCC $0.094 20.51% 26,611,619
Eclipse Metals Ltd EPM $0.006 20% 5,887,020

 

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