The lease covers an area of 640 acres and is for a 10 year period with possible extensions subject to determination by SITLA.
Minerals from the 1,317 claims that make up the Paradox Brine Project can now be processed on 640 acres covered by the SITLA lease.
During November 2018, Anson outlined that it had been granted a Minerals Salts lease by SITLA and that a location for the pilot plant had been selected.
The SITLA leased area is now being considered by Anson as a possible location of not only the industrial-scale pilot plant but also for the full-scale production plant.
Infrastructure continues being installed at Paradox
Anson has completed the connection of the existing underground piping infrastructure to the recently installed storage tanks.
Existing infrastructure which is being used enables Anson to continue with its plans to fast-track the project into production while minimising investment costs.
Last week, Anson intersected a zone of heated and pressurised supersaturated brine resulting in artesian flow at the Skyline well within the Paradox Brine Project.
The free flow of the brine from 6,220 feet below surface continued for 6 hours until the horizon was temporarily shut-in.
Samples collected will be sent to a certified laboratory in Texas for assaying for lithium, iodine, bromine, boron and other minerals.