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Anson Resources Ltd.
Summary
| Project: | Paradox Brine Project | |
|---|---|---|
| Deposit: | Clastic Zones 17, 19, 29, 31, 33 | |
| Location: | United States | |
| Commodities: | Lithium | |
| Date: | 6/12/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-6-2019: Anson Resources Ltd. announces a Resource Estimation report for its Clastic Zones 17, 19, 29, 31, 33 deposit at the Paradox Brine Project project. Exploration Target calculated for Clastic Zones 17, 19, 29 & 33. Anson Resources Limited (Anson) | |
| Resources: | Exploration Target Range: 569.2Mt - 963.4Mt Brine | |
| CP/QP: | [Overall Report]: Greg Knox (Internal) | |
| ABSTRACT: | Anson Resources Limited (Anson) has calculated an Exploration Target of 484 M to 792 M tonnes of brine, with estimated grades of 50 to 150ppm lithium (Li), 50 to 400ppm boron (B), 2,500 to 4,000ppm bromine (Br) and 30 to 100ppm iodine (I), for four Clastic Zones sampled by Anson during drilling at its Paradox Brine Project, located in Utah, USA. In addition, following assays from drilling confirming the presence of additional minerals, the existing Exploration Target of 85 M to 171 M tonnes of brine for Clastic Zone 31 has been extended to include additional minerals, with estimated grades of 50 to 400ppm B, 3,000 to 4,000ppm Br and 30 to 100ppm I added to the existing estimated grade of 140 to 500ppm Li. The Exploration Targets are conceptual in nature for these horizons as there has been insufficient exploration undertaken on the project to name a mineral resource. It is uncertain that future exploration will result in a mineral resource, however, Anson is approaching completion of the estimation of it maiden mineral resource for Clastic Zone 31 which Anson expects to finalise and announce shortly. | |
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