Anson Resources upbeat over 25% increase in lithium grade from drilling targeted Mississippian Units at Paradox in Utah
The results provide a strong indicator of the upside potential of the company's planned JORC resource upgrade.
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 using historic diamond core to fast-track Paradox JORC resource upgrade
The core is expected to deliver time and cost savings in upgrading the existing exploration target at the Paradox Lithium Project into indicated and inferred JORC resources.
Anson Resources pleased by high pressures as it wraps up drilling at Long Canyon No. 2 well in Paradox Lithium Project
The high pressure, porosity and permeability is expected to deliver continual flow at the extraction well location over the proposed life-of-mine at Paradox.
Anson Resources lifts planned initial battery-grade lithium production capacity 275% to 10,000 tonnes
The Paradox Lithium Project’s detailed feasibility study, which is well advanced, will now target Stage 1 production capacity of 10,000 tonnes per annum.
Anson Resources collects first brine sample from priority Mississippian Unit at the Paradox Lithium Project in the US
Anson has successfully drilled into the Mississippian units beneath Long Canyon Unit 2, with supersaturated brine flowing to surface without the need for pumping. Samples from this well will be used for metallurgic test work, bulk samples f
Anson Resources greenlit for next drilling chapter at Paradox
Investors won’t have to wait long before the program kicks off: Anson plans to get the drill in the ground as soon as it has completed a work program at the Long Canyon Unit 2 Well.
Anson Resources confirms high pressure and increased flow rates at Paradox Lithium Project's Long Canyon Unit 2 well
Further test-work on the Long Canyon Unit 2 well has confirmed continued high pressure and high flow rates, which the company views as a significant and highly positive outcome.
Anson Resources identifies early brine inflow, continues to drill at Utah lithium project
While the company continues to drill into the up to 120-metre-thick Mississippian units, samples have been taken from the supersaturated brine for testing for lithium and other minerals from the top of the Mississippian units at a depth of
Anson Resources reaches target depth of priority brine aquifer at Paradox Lithium Project
The Mississippian brine aquifer hosts a substantial lithium-rich zone of approximately 100-250 metres in thickness and drilling is aimed at converting an exploration target into a JORC-compliant resource.
Anson Resources updates MoU with TETRA Technologies for bromine from Paradox Lithium-Brine Project
“We are very excited by the growth potential in the zinc-bromine battery market, which will directly support the production of bromine from our Paradox Lithium Project," says executive chair Bruce Richardson.
Anson Resources begins major resource upgrade drilling at US lithium project
Anson hopes to deliver a significant resource upgrade that will support a detailed feasibility study and the development of the Paradox Project into a substantial lithium producing asset.
Anson Resources escalates resource expansion work at Paradox Lithium Project in Utah, US
Anson will re-drill the Cane Creek 32-1 well, Long Canyon No.2 well, Mineral Canyon, and Sunburst 1 wells as part of a project-wide expansion strategy targeting the large Mississippian brine aquifer, which the company hopes to convert into
Anson Resources secures strategic expansion of Paradox Lithium Brine Project, four new blocks added
Anson has doubled down on the Paradox geology, buying up more tenure with geological units prospective for lithium brine as the company looks to upgrade the project's measured resources.
Anson Resources begins resource expansion sampling program at Paradox Lithium Brine Project
Anson is working to probe the deeper Mississippian Units beneath the Paradox Lithium brine Project, aiming to meet its exploration target of 445 million tonnes to 1,000 million tonnes of brine, grading at 70-100 ppm lithium and 2,000-3,000
Anson Resources aims to drill lithium bromine production wells next quarter at Paradox Brine Project in Utah
Anson is targeting bore drilling for the first quarter of 2022 following the completion of earthworks and access roads for the Paradox lithium bromide brine project in Utah.
Anson Resources fast-tracks engineering works for Paradox asset amid favourable lithium market
The exploration and development company has appointed leading global engineering solutions firm Worley to draw up a detailed feasibility study for a lithium production plant.
ASX is down … and is coal a good buy following the net-zero announcement?
“Regardless of what you think about coal as a resource, it has certainly performed very well in the last year with pricing rising from around US$60 a tonne to over US$200 a tonne although it has eased off slightly in the last month."
Anson Resources adds to its uranium and vanadium footprint
Historical production at the Thompson District from as recently as the late 1980s presents an opportunity for near-term production of both uranium and vanadium.
Anson Resources advances Paradox brine production wells with site works underway
“I am pleased with the speed of clearing and access to establish the drill pads for LCW-1 and LCW-2. Drilling of two production wells at Paradox represents another step towards increasing JORC resource confidence level and commencing produc
Anson Resources takes big step towards producing at Paradox with approval to drill lithium-bromine production wells
“These production wells will provide significant insight into the engineering and logistics of the Paradox operation, with location of the wells carefully considered and nearby the lithium bromine plant planned to be built at Blue Hills," s