Proactive Investors - Run By Investors For Investors

Anson Resources sees good flow rates upon re-opening sampled well

Data showed good flow rate, pressure and brine temperature.
highway sign reading 'welcome to utah'
Temperature of brine at surface was 83F, beneficial for processing

Anson Resources Ltd (ASX:ASN) is witnessing freely flowing brine from the recently sampled and re-opened Cane Creek 32-1 well within the Paradox lithium brine project in the US.

The flow rate of 45,600 gallons per day shows there is a good amount of pressure within the well which will make for low future operating costs.

Leaving the well open will facilitate the collection of additional bulk samples of brine future test work.

READ: Anson Resources surges 62% on positive Paradox lithium evaporation tests

Anson’s managing director Bruce Richardson said: “In order to fast track the Paradox Brine Project into production the properties of the brine when extracted need to be understood to ensure that all of the advantages that it offers can be taken into account when designing the production flow chart.

“Higher than normal pressure at this depth will assist in maintaining flow rates, a temperature of 830F will assists in the process if evaporation is required, as the initial test work done by Outotec indicates.

“For example, if less energy is needed to evaporate the brine to cause some salts to precipitate and further concentrate lithium in the brine solution, then it would be expected that there will be an positive impact on operating costs.”

View full ASN profile View Profile

Anson Resources Ltd Timeline

Related Articles

dollar and gold
September 20 2018
Wishbone Gold's unique business model is now beginning to bear fruit
project area
September 04 2018
Significant scope for quick expansion both along strike and at depth with ongoing drilling throughout the remainder of 2018.
Gold nugget
November 22 2018
Such is the size of the two nuggets, they are now touring the world’s museums as curios

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use