Anson Resources Limited announced the strategic development of the Paradox Lithium Project in Utah’s southern Paradox Basin.
A1 Lithium Inc., Anson’s wholly-owned Utah subsidiary, has staked an additional 586 placer claims immediately next to the north-western edge of the Paradox Lithium Project region. The additional claims border the Petro, Cloud III, and MP claims, increasing the Project’s footprint by 28% to a 214km2 continuous ground holding with high potential for lithium-rich brines.
The extended Paradox Lithium Project area will be included in Anson’s Western Strategy Mineral Resource drilling program, which is set to begin soon.
Lithium-rich supersaturated brines have been found in the area, and it is expected that the new claims will increase the Mineral Resource’s Indicated and Inferred JORC categories if the drilling programme is successful and the Mineral Canyon well is re-entered.
A successful Western Strategy drilling program is part of Anson’s goal to continue increasing the JORC Mineral Resource estimate for the Paradox Lithium Project, both vertically and horizontally. Drilling of the two target wells in the Western Strategy drilling – the Mineral Canyon and Sunburst wells – will yield a significant quantity of additional data that will be utilised to improve and enhance the current JORC Resource.
Following the assaying and flow testing of the brines, the regions surrounding the wells would be classified as JORC Indicated and Inferred.
