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Anson Resources expands portfolio of lithium brine projects in Paradox Basin, Utah

Last updated: 11:35 12 Mar 2024 AEDT, First published: 15:04 21 Sep 2023 AEST

Snapshot

  • Anson Resources confirms no interconnectivity between lithium brines and aquifers at Green River
  • Anson Resources enters next development phase at Paradox lithium camp
Anson Resources Ltd - Anson Resources Australian assets well placed to drive multi-mineral strategy

About the company

Anson Resources Ltd (ASX:ASN) is a junior mineral resources company with a portfolio of minerals projects in key demand-driven commodities.

The company's core asset is the Paradox Lithium Project in Utah, in the USA.

Anson is focused on developing the Paradox Project into a significant lithium producing operation.

How it is doing

12 Mar 2024

Anson Resources Ltd (ASX:ASN, OTCQB:ANSNF) has completed the surface drilling and casing of the Bosydaba #1 well, which is on recently purchased private property at its Green River Lithium Project in the Paradox Basin in south-eastern Utah, USA.

Importantly, the intersection of shallow slightly saline aquifers supports the fact that there is no connectivity between aquifers and the sealed Pennsylvanian brines 7,000 feet deeper.

This drilling represents the first phase in Anson’s mineral resource definition plan at Green River, where the company is targeting lithium-rich brines in the highly porous clastic horizons and the Mississippian units in the region.

Upon completion of the well, it is expected that brine will be able to flow directly to the sample demonstration plant, which consists of both the direct lithium extraction and the downstream purification process.

28 Feb 2024

Anson Resources Ltd (ASX:ASN, OTCQB:ANSNF) has begun the second phase of drilling — surface drilling and casing — targeting lithium-rich brines at the Green River Lithium Project’s Bosydaba #1 well in the Paradox Basin of south-eastern Utah, USA.

This drilling program is the first phase in Anson's JORC mineral resource definition plan. 

26 Feb 2024

Anson Resources Ltd (ASX:ASN, OTCQB:ANSNF) has received positive assay results from first-pass sampling at the Hooley Well Project, in the Mid-West region of Western Australia, confirming the project’s potential to host a highly prospective nickel-chrome-cobalt and platinum group element (PGE) deposit. 

The sampling program — comprising a total of 46 rock chip and 356 soil samples collected across priority targets at Hooley Well —  was designed to map and identify potential for nickel-chrome-cobalt and PGE laterites, and explore for rare earth element (REE) targets within clay zones.

What management says

26 May 2023

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, weighing the viability of a lithium carbonate processing plant. The study is set to wrap in the December quarter, providing key insights for Paradox’s financial model as Anson prepares to engage with prospective financiers.

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