HomeFinTechAnson Resources: Reports strong results at Yellow Cat

Anson Resources: Reports strong results at Yellow Cat

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  • Anson Resources (ASN) has completed the initial uranium and vanadium exploration program at its Yellow Cat Project in Utah
  • The program completed by SRK Consulting and included initial mapping and x-ray fluorescence sampling of adit walls
  • Results from the program indicate high-grade uranium and vanadium found, which included 26 per cent of triuranium octoxide and 14 per cent of vanadium oxide
  • Workings in the project area are still open and in good condition, which helps with XRF readings from adit walls
  • SRK has collected samples and have sent them to Anson’s laboratories for assay
  • Anson Resources is down 2.50 per cent with shares trading for just under 4 cents each
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