Anson Resources stakes new claims near Paradox Lithium Project
The new claims have old oil wells which can be re-entered to test for lithium brines.
Company
Anson Resources Ltd
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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Anson Resources experiences improved exploration success close to Long Canyon area
Cloud, Cane and LC South will be part of Anson's Paradox project with the claims being close to oil wells with historically recorded lithium values.
Anson Resources receives promising lithium assays and stakes three new claims
The Roberts Rupture structure is only 140 metres to the east of the recently acquired Cloud claims.
Anson Resources' Cane Creek well demonstrates promising high-pressure and temperatures during sampling
The strong flow rates are important as they could reduce operating costs if maintained during production.
Anson Resources spikes 70% on news of supersaturated brine flow at Paradox Lithium Project
On the score of pressure requirements, management drew comparisons with the high-grade Long Canyon I well.
Anson Resources enters ASX trading halt ahead of update
Earlier this week, the company staked two additional placer claims at its Paradox Lithium Project.
Anson Resources stakes two new lithium claims at Paradox project in Utah
The claims are close to wells where supersaturated brine has been recorded to contain high grades of lithium and other minerals.
Anson Resources suggests lithium trap could be responsible for varied assay results
Cane Creek 32-1 is 5 kilometres south of Gold Bar Unit 2 and could provide information regarding the possibility of a lithium trap.
Anson Resources awaiting samples as it works towards establishing JORC resource
The JORC resource is required for the feasibility study.
Anson Resources to begin sampling brines from new well in Lithium Four Corners area
The company aims to produce first lithium carbonate from its project in the US state of Utah during the June quarter.
Anson Resources confirms supersaturated brines at U.S. lithium project
The brines were intersected during re-entry drilling of the Gold Bar Unit 2 well.
Anson Resources to start brine sampling for lithium at newly acquired well
Information from the well will help determine how best to produce lithium.
Anson Resources raises cash from options exercise
First production of lithium carbonate is expected in April 2018.
Anson Resources gets more funding to develop lithium brine project
Progress with the bench-top and in-field pilot plants will assist with the feasibility study.
Anson Resources acquires power source as it moves to first lithium carbonate in April
The first production of lithium carbonate from the pilot plant is expected in April 2018.
Anson Resources conducting sample testing ahead of April lithium carbonate production
Sampling from Clastic Zone 31 will assist in assessing project economics.
Anson Resources starts sampling on path to lithium production
First lithium carbonate production from a bench top plant is expected in April 2018.
Anson Resources on track for lithium carbonate production
The company’s shares have today reached a 12-month high of $0.28.
Anson Resources ready to drill at U.S. lithium project
Shares continue to surge, reaching new 12 month high of $0.19.
Anson Resources' shares cruise to 12-month high
Anson is on-track to produce its first lithium carbonate in April 2018.