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Anson Resources Ltd.

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Summary

Project:

Paradox Brine Project

Deposit:Long Canyon No. 2
Location:United States
Commodities:Lithium
Date:4/1/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:1-4-2019: Anson Resources Ltd. announces an Exploration/Drilling Update report for its Long Canyon No. 2 deposit at the Paradox Brine Project project. Results of 253 ppm Li intercepted at Long Canyon No. 2 Well. Anson Resources Limited (Anson) has receive
Resources:x
CP/QP:[Overall Report]: Greg Knox (Internal)
ABSTRACT:Anson Resources Limited (Anson) has received the first assays of the free-flowing brine intercepted during the recent drilling at the Long Canyon No. 2 Well, at its Paradox Brine Project, located in Utah, USA. These include a lithium grade of 253ppm, which is approximately 148% higher than the lithium grade of the brine from Anson’s Cane Creek 32-1 well which has been used in the Lilac Solutions’ (Lilac) IX test work to date. Samples from the well will be sent to Lilac for processing through the modular extraction plant that it has been constructed at its new larger premises as part of the detailed design and work for the pilot plant that Anson plans to build later this year. The results of this test work will assist in the final design of the pilot plant. Table 1, below, shows the assays of Long Canyon No. 2, Skyline Unit 1 and the Cane Creek 32-1 wells and other historic results in the Long Canyon area.

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