Anson Resources produces high-grade lithium carbonate bulk sample
By producing the bulk sample, Anson has successfully demonstrated its processing methodology for its flagship Paradox Brine Project in Utah, US.
Company
ASX:ASN
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.
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By producing the bulk sample, Anson has successfully demonstrated its processing methodology for its flagship Paradox Brine Project in Utah, US.
The Paradox project’s resource has increased to 501 million tonnes of brine by including 4 additional clastic zones.
The test work is being undertaken by German contractor De Dietrich Process Systems GmbH, a specialist in designing bromine plants.
The strong assay results will feed into a resource update, which will be used in the upcoming scoping study.
It is understood that Anson has been the first to achieve this result from a commercial brine, sourced from its flagship Paradox Brine Project in Utah, US.
This production process is part of the company’s program to produce high-quality, low-impurity samples for testing by end-users and offtake partners.
Clastic Zones 17, 19 & 29 of the Skyline Unit 1 well successfully perforated, sampled and sent for assay.
Test work aims to prove that battery-grade lithium hydroxide can be produced from the project.
The new area will host Anson’s proposed industrial scale bromine modular plant and lithium pilot plant.
The benchmark was reached using equipment that can be easily upscaled to commercial production levels and readily available in the US.
The company is pursuing a multiple mineral and multiple revenue strategy as it looks to extract boron, bromine, iodine and lithium.
A modular bromine plant could produce early cash flow and save on development costs due to processing benefits.
The investment from Shanghai-based Chia Tai Xingye International shows its commitment to Anson’s Paradox Brine Project in the US.
The investment from the Shanghai-based strategic shareholder shows its commitment to the Paradox Brine Project.
Test work is designed to produce lithium carbonate and lithium hydroxide from brine at its Paradox Project.
Anson established its maiden JORC resource by re-entering old oil wells, now it plans to re-enter two more wells for brine sampling.
The lease, when granted, will allow Anson to build infrastructure required for a lithium brine mining and processing operation.
This appointment will assist the company to optimise the extraction of multiple chemical products from brine sourced from the Paradox project.
A Chinese cathode producer has confirmed Anson's lithium carbonate sample as being high-purity.
The brine will now be subject to ion exchange processing, which will produce purified lithium chloride eluate.