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 lifts Paradox lithium carbonate equivalent resource past the magic 1 million tonnes mark; shares up
The latest MRE follows the completion of drilling and sampling at the Cane Creek 32-1 well, and will be incorporated into the detailed feasibility study (DFS) by global engineering group Worley.
Anson Resources delivers 25% increase in lithium grades of Mississippian Units at Cane Creek 32-1 Well
The company has delivered a grade increase in the lithium brines, confirming the massive, supersaturated brine aquifer in the Mississippian Units of Cane Creek 32-1 well are rich in lithium and bromine and ripe for a JORC resource estimate.
Anson Resources gets the nod for Paradox’s western resource expansion drilling
The company plans to update its JORC resource by converting its existing ore and exploration target into higher confidence indicated and inferred resources.
Anson Resources set for further Paradox resource boost with new lithium-rich zones revealed
Assay results from clastic zones 43, 45, 47 and 49 average 100ppm lithium, around 17% higher than the average grade of clastic zones 17, 19, 29 and 33 that were included in a recent resource upgrade.
Anson Resources bolsters Paradox funding with $50 million from single tranche placement
"Interest in the placement far exceeded Anson’s requirements, with Anson upsizing to $50 million to facilitate access to the register for quality investors," executive chairman Bruce Richardson said.
Anson Resources higher as initial resource drilling assays confirm lithium-rich brines at Cane Creek 32-1 well
The program confirmed that the majority of the clastic zones contain lithium-rich supersaturated brines, providing numerous targets when further drilling programs commence as well as resource upside potential.
Week in review: Mortgage ‘timebomb’ set to blow by 2023, rate rises to ‘slow’ and young Australians most reluctant to return to the office
“Very few Aussies have the emergency funds they need to handle a monthly rise of this proportion – and rate increases may not be over yet,” Finder head of consumer research Graham Cooke said.
Anson Resources hits record as robust DFS confirms economic and ESG credentials for phase 1 lithium development at Paradox
“The DFS confirms the technical and financial viability of a major new source of high purity lithium carbonate available for the rapidly growing US market," executive chair Bruce Richardson said.
Anson Resources surges after joining forces with Sunresin to develop full-scale lithium plant at Paradox Lithium Project in the US
Sunresin has successfully concluded eight months of engineering design work for the Paradox Lithium Project’s DFS.
Anson Resources releases major resource upgrade at Paradox Lithium Project in Utah, USA
The upgraded mineral resource represents a 324% increase on the lithium resource the company reported in March of last year.
Anson Resources targets new lithium zones in resource expansion drilling at Paradox Lithium Project in the US
The zones sampled contain supersaturated brines similar to the previously sampled clastic zones where a JORC indicated and inferred resource has been confirmed.
Anson Resources confirms resource expansion potential in western areas of Paradox Lithium Project in the US
The key positive attributes of the western extent of the project mirror those on the eastern side of the project, which is currently the subject of the company’s resource expansion drilling.
Anson Resources increases lithium grades up to 70% with drilling in Clastic Zones of Long Canyon No.2
The company intends to produce an upgraded JORC resource for the project, which will then be included in a definitive feasibility study.
Anson Resources delivers 87% increase in lithium grades from drilling Mississippian Units at Paradox Project's Long Canyon No.2
Grades revealed at the Mississippian Unit within the US project exceed the grades assumed in the company's exploration target and offer a particularly promising resource expansion opportunity.
Anson Resources stakes more key ground ahead of Paradox lithium resource upgrade
As its attention turns to the west, Anson is rounding up the eastern component of the resource expansion plan, which focused on drilling at the Cane Creek 32-1 well.
Anson Resources fields additional high-grade lithium and bromine results outside existing Paradox resource
The company’s resource expansion drilling campaign is focused on delivering a significant resource upgrade at the project and incorporates separate 'Eastern' and 'Western' expansion strategies.
Anson Resources increases flow rates up by more than 140% at Paradox Lithium Project in the US
A key positive outcome of the significantly improved flow rates is that it is anticipated they will push the brine to the surface without the need for pumping.