Anson Resources LimitedASX: ASN

Western Strategy Resource Expansion Drilling to Commence

· Issued by Anson Resources Limited

Filed with ASX · · 11 pages · English

Summary by 6ix AI

Anson Resources Limited has announced the commencement of its Western Strategy Resource Expansion Drilling at the Paradox Lithium Project, following the approval of drilling permits by the Utah Division of Oil, Gas and Mining. The program aims to convert existing Inferred Resources and a large Exploration Target into Indicated and Inferred Resources, potentially increasing the project's lithium and bromine resources significantly. The Exploration Target has been upgraded to a substantial range of brine with specific lithium and bromine grades, indicating a promising outlook for the project. The drilling is expected to begin shortly, with preparations underway to reinstate historic drill pads at the targeted wells.

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