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Anson Resources enters ASX trading halt ahead of update

Earlier this week, the company staked two additional placer claims at its Paradox Lithium Project.

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The claims are close to lithium-rich wells

Anson Resources Ltd (ASX:ASN) has been granted a trading halt today by the ASX, pending the release of an update by the company.

The halt is expected to remain in place until the earlier of the release of the information or the commencement of trading on Friday, 6 April 2018.

READ: Anson Resources stakes two new lithium claims at Paradox project in Utah

Earlier this week, the company staked two additional placer claims at its Paradox Lithium Project in the US that are close to lithium-rich wells.

One of the claims is a suitable site for a future drill hole proposed as part of the exploration program Anson intends to carry out this year.

The proposed drill pad has a graded track access in place and could be levelled quickly for drilling to begin once surveys have been completed and government approvals have been granted.

Quick facts: Anson Resources Ltd

Price: 0.031 AUD

ASX:ASN
Market: ASX
Market Cap: $18.6 m
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