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Anson Resources ( (AU:ASN) ) has provided an announcement.
Anson Resources has submitted a proposal to re-enter the Mt Fuel-Skyline Geyser 1-25 well at its Green River Lithium Project in Utah to test for lithium-rich brines. This initiative is part of a broader strategy to confirm the presence of lithium-rich brines in the region, leveraging historical data and previous drilling results. The project targets specific geological formations known for their high porosity and permeability, which could significantly impact Anson’s resource validation efforts and enhance its positioning in the lithium market.
More about Anson Resources
Anson Resources Limited is a company involved in the exploration and development of lithium-rich brine projects. The company focuses on the Green River Lithium Project in south-eastern Utah, USA, aiming to leverage historical drilling data to establish a JORC Mineral Resource.
YTD Price Performance: -54.00%
Average Trading Volume: 36,452
Technical Sentiment Signal: Buy
Current Market Cap: $49.57M
For detailed information about ASN stock, go to TipRanks’ Stock Analysis page.