Anson Resources Limited is an Australian exploration company listed on the Australian Securities Exchange (ASX) focusing on the exploration, acquisition and development of natural resources that meet the demand of tomorrow’s new energy and technology markets. The company is headquartered and managed from Perth, Western Australia.
The primary focus for Anson is the development of the Paradox Brine Project, Utah, USA. The Paradox Brine project is a unique lithium brine project fed by natural aquifers that sits on a known brine basin (Paradox Basin, Grand County, Utah) where lithium concentrations of up to 1700ppm have been assayed a mere 800 metres from Anson’s tenements. An Exploration Target of the lithium rich brine within Clastic Zone 31 has been estimated between 30 million barrels and 40 million barrels. Potential quantity (volume) and the grade of the Exploration Target is conceptual in nature and there has been insufficient exploration to estimate a Mineral Resource. The brine is highly pressurised at the target zone with the brine rising to the surface already heated to 60° C (140°F). Historical assays have also shown significant concentrations of other minerals – Iodine, Bromine, Boron and Magnesium.
The Paradox Brine project tenements are logistically well placed in close proximity to key infrastructure: Road, Power, Gas and Rail, and are in a known mining and Oil & Gas province, Grand County, Utah, all within an 11 hour drive to the Tesla Giga-Factory, Nevada.
Anson also has projects located in Western Australia: Ajana (zinc, lead, silver and graphite) and Hooley Wells (nickel cobalt laterites).
Drilling results and test work at the Ajana project confirmed higher graphite grades at depth. Graphite mineralisation intersected at Mary Springs north included:
- 6m @ 4.8% TGC (including 4m @ 6.3% TGC)
- 9m @ 2.6% TGC (including 5m @ 3.2% TGC)
- 10m @ 2.3% TGC (including 4m @ 3.1% TGC)
Previously at the Mary Springs pit, samples were taken from surface to 3 meters and metallurgical test work completed.
This test work showed average floatation concentration values of 94.1% total graphitic carbon (TGC) and yield spherical graphite purified to 99.97 TGC exceeding battery grade specification.
Through its projects, Anson is poised to leverage the increasing demand of tomorrow’s new energy and technology markets.