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The Markets
by Proactive
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Anson Resources advances Paradox brine production wells, appoints BurnVoir to help secure funding

Anson Resources advances Paradox brine production wells, appoints BurnVoir to help secure funding

Anson Resources Ltd (ASX:ASN) CEO Bruce Richardson tells Proactive has started site work on proposed production wells at its flagship Paradox Lithium-Bromine Project just seven days after receiving approval from the Utah State Government, rapidly advancing the project toward production and a JORC resource upgrade.

Richardson says equipment has been mobilized to establish road access to drill pad locations. The two production wells have been designed to support the 2,700 tonnes per annum lithium carbonate production plant to be constructed (subject to feasibility study) 30 miles north of the project area. What's more, Anson has hired independent finance advisory group BurnVoir Corporate Finance to arrange financing for the development of the project.

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