Anson Resources Ltd (ASX:ASN) is working toward completing lithium bromine production wells at the Paradox Project in Utah, with drilling scheduled for the first quarter of 2022 following the rapid completion of site works.
The company had already moved to mobilise equipment to the site, just a week after receiving approval from the Utah State Government.
Earthworks and two access roads for the large trucks required to transport the drill rig to site have now been completed, just two months later.
These preparations allow access to where drill pads are slated to be constructed, bores LCW-1 and LCW-2. The planned production wells are on the Little Utah lease, which covers 80 acres and was granted to Anson by the Utah State government earlier this year.
Other projects in the works
Anson recently staked an additional 66 mineral claims at its Yellow Cat Project in the Thompson District, Grand County, Utah.
The new claims abut and surround the original Yellow Cat Project claims and increase ASN’s landholding by 78% in the rich uranium and vanadium field.
Effectively, ASN increased its footprint by 5.5 square kilometres to 12.6 square kilometres.
Read: Anson Resources adds to its uranium and vanadium footprint
The company also identified priority targets from its geophysical survey, geological mapping and rock chip sampling programs for upcoming drilling at The Bull Project, 20 kilometres from the world-class Julimar nickel-copper-PGE deposit in Western Australia.
Read: Anson Resources defines priority targets for stage 1 drilling at The Bull
About Anson Resources
Anson Resources is an Australian-based exploration and development company, focused on the discovery, acquisition and development of natural resources that will meet the demand from rapidly growing new energy and technology markets.
A key component of this strategy is the development of the Paradox Basin Brine Project in southern Utah, USA, where Anson is targeting the recovery of valuable chemicals from a unique salt brine resource.
The Paradox Project is targeting the supply of lithium chemicals to the rapidly growing battery market, while extracting additional value from by-products, including bromine, iodine, and boron, contained within the brine.
Anson has also established a portfolio of base metals projects covering 458 square kilometres in the highly prospective Yilgarn Craton of Western Australia.
A key near-term focus within the WA portfolio is on The Bull Project which covers 82 square kilometres and adjoins the high-grade Julimar nickel-copper-PGE discovery made by Chalice Mining.