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Additional Projects

Yellow Cat Vanadium-Uranium Project

Anson owns 396 lode claims in the Yellow Cat Mining District in Utah, USA. Assays from the 3,307 hectare area show grades of up to 13.1% vanadium, or 23.4% vanadium pentoxide. Anson discovered the opportunity after developing an extensive network of contacts in the mining industry in Utah for the Paradox Basin Brine Project, which remains Anson’s main focus for development work. Anson is planning an exploration program to measure the extent of the ore body in the future, given the extremely high assay results for V2O5. Production of uranium-vanadium ore in the district from 1935-1954 totaled 42,000 short tons that averaged 0.3% U3O8 and 1.8% V2O5. Below is a table showing the results of the assays.

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HIgh-grade uranium and vanadium mineralised sample from Yellow Cat

HIgh-grade uranium and vanadium mineralised sample from Yellow Cat

Ajana Graphite Project

The Ajana Project is located in Northampton, Western Australia, a proven and established mining province for zinc, lead, silver and graphite. The project is situated within the prospective historic mining center of Ajana. The tenements, E66/89 and E66/94, and E66/100 (under application) are located 130kms north of Geraldton and on the North West Coastal Highway.

Highlights of the Ajana Project include:

  • 2012 JORC Pb Resource at Mary Springs

  • The global Indicated and Inferred Resource estimate is 390,000 tonnes grading at 6.5% Pb.

  • Four Regional Graphite Prospects

  • Walcott (reprocessed historic EM targets)

  • Mary Springs (rock chip/Mullock samples)

  • Geraldine, and

  • Warrianno

  • Jumbo flake (>300 microns)

  • Rock chips up to 42%TGC

  • High grade metamorphism with hydrothermal alteration

  • Graphite schist within a Proterozoic Gneiss

The Ajana area is dominated by the Proterozoic gneiss with conformable lenses of meta-sediment, pelitic gneiss, meta-quartzite, mafic gneiss and graphitic schist known as the Northampton Metamorphic Complex. This gneissic geological environment, typically hosts high grade graphite deposits in Western Australia.

The Northampton Complex is intersected by a closely spaced swarm of dolerite dykes striking north northeast associated with shear zones and parallel to the fold axes. All the lead-silver and copper mines in the Northampton Complex appear to be related to the same north northeast trending fault system that has controlled the intrusion of dolerites.

Mary Springs Lead Resource

The updated Mineral Resource has been reported at a cut-off grade of 1%Pb, a summary of the estimate is shown below.

Mary Springs Mineral Resource Estimate, JORC 2012

Mary Springs Mineral Resource Estimate, JORC 2012

Oblique view of the Mary Springs lead deposit, looking east, showing wireframes and drill holes

Oblique view of the Mary Springs lead deposit, looking east, showing wireframes and drill holes

The strings in the Block Model were created from cross sectional interpretation and were wireframed into 5 solids (designated lodes 100, 200, 300, 400 and 500) as shown below. Zones of Pb-Zn-Cu-Ag rich mineralisation have been intersected in recent drilling but were not included in modelling the resource, see above. Further drilling may enable the zinc, copper and silver bearing zones to be modelled as part of a future resource.

Graphite Project

The initial small drilling program showed a graphitic rich clay horizon (surface to 25m) and a graphitic schist below that with graphitic grades increasing with depth.

Graphite mineralisation intersected at Mary Springs North included:

  • 30m @ 2.3% TGC from surface (up to 4.1% TGC)

  • 5m @ 5.5% TGC

  • 3m @ 4.8% TGC

  • Shallow mineralisation similar to previously tested samples at Mary Springs, 1.5km to the south:

  • Average floatation concentration value of 94.1% TGC

  •  Spherical graphite purified to 99.7% TGC

Depiction of graphite resource at Ajana project

Depiction of graphite resource at Ajana project

Graphene

Research work carried out has shown that:

  • Pristine sheets of graphene can be produced, particularly single layers

  • The graphene has shown to be uniform and defect free

  • Ajana graphite is said to be of very high quality resembling a highly ordered pyrolytic graphite (HOPG)

Image of Ajana graphite under microscope

Image of Ajana graphite under microscope

 

Hooley Wells Nickel-Cobalt Laterite Project

The Hooley Wells Nickel-Cobalt Laterite Project is located 800km north of Perth and 300km east of Geraldton in Western Australia. The granted tenements, E9/2218 and E9/2219, contain historical shallow drilling which has intersected nickel and cobalt laterites. Associated with these laterites are high grade chromium values.

Erong Hill near Claypan Bore consists of a siliceous cap rock over an ultramafic intrusive body which is probably part of a layered igneous intrusion. From past work it appears that this body has intruded an amphibolite.

To the north there is exposed Archaean Gneissic Terrane to the Earabiddy Shear zone which runs along the Camel Hills Belt.

Around Erong Hill the ground is mostly covered by transported Quaternary alluvium/colluvium with some small lateritic horizons and little exposed outcropping bedrock geology.

Simplified geology of Hooley Well

Simplified geology of Hooley Well

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