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Anson Resources enters trading halt pending test work results

Published: 12:08 03 Oct 2018 AEST

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The company recently increased the lithium brine exploration target at its US project

Anson Resources Ltd (ASX:ASN) has been granted a trading halt by the ASX pending the release of information regarding test work results from its Paradox Lithium Project in Utah, US.

Shares in the company will remain halted until, the earlier of the release of relevant information, or, the commencement of trading this Friday 5 October 2018.

READ: Anson Resources lifts Paradox lithium exploration target 30% after staking new claims

Most recently, Anson increased the estimated lithium brine exploration target for the Paradox Lithium Project by 30%.

The exploration target is now between 85 million and 171 million tonnes of brine using an estimated grade of 140 to 500 ppm lithium.

Anson Resources enters next development phase at Paradox lithium camp

Anson Resources Ltd (ASX:ASN) managing director and CEO Bruce Richardson brings Proactive up to speed on a crucial step towards construction at the company’s Paradox lithium camp in Utah. The critical minerals player has just commenced a pivotal front end engineering and design (FEED) study,...

on 26/5/23