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Anson Resources: Approved for resource expansion drilling at Paradox, Utah

Anson Resources Approved for resource expansion drilling at Paradox, Utah

  • Anson Resources (ASN) has been granted approval to begin resource expansion drilling at its flagship Paradox project in Utah
  • The company will re-enter wells in the western part of the project to target lithium-rich brine aquifers within the Mississippian units and Pennsylvanian clastic horizons
  • Anson plans for this work to convert existing inferred resources and the exploration target in the area into indicated and inferred resources
  • The drilling work is set to begin before the end of March
  • ASN shares are up 21 per cent to trade at 23 cents at 12:54 pm AEDT
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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