Australia-based junior mineral resources company Anson Resources has announced a significant expansion at its flagship lithium project, Paradox, in Utah.
The expansion was supported by Anson’s subsidiary A1 Lithium, which staked a further 586 claims.
These claims are located on the north-western edge of the project area.
With the new claims in place, the project area has expanded by 28% and the whole project now covers around 214km² of contiguous tenure, which has highly prospective lithium-rich brines.
These claims are located next to its Petro, Cloud III and MP claims.
The expanded area is planned to be added to the company’s Western Strategy Mineral Resource drilling programme, which is expected to begin in the near future.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
The presence of lithium-rich supersaturated brines was confirmed in the area.
These new claims are expected to increase the indicated and inferred joint ore reserves committee (JORC) categories of the mineral resource.
The Western Strategy drilling programme is part of the company’s plan to continue to increase the project’s JORC mineral resource estimate, both vertically and horizontally.
Drilling at the two target wells within the Western Strategy drilling areas, specifically the Mineral Canyon and Sunburst wells, is anticipated to add a large amount of data that can be used to upgrade and expand the existing JORC resources.
Assaying and flow testing of the brines in areas surrounding the well is also being added to JORC indicated and inferred categories.
In February 2023, Anson completed direct lithium extraction (DLE) test at the Mississippian brine samples from the Long Canyon Unit 2 and Cane Creek 32-1 wells within the project area.
Based on the outcomes of the test, the company expects to begin the next phase of test work to determine the optimal extraction methodology for the brines.