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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 well at its Green River Lithium Project in Utah, USA. This move is part of a drilling program aimed at confirming the presence of lithium-rich brines in the area, leveraging historical data that indicated high porosity and permeability in the target reservoirs. The initiative is expected to enhance Anson’s resource base and potentially strengthen its position in the lithium market.
More about Anson Resources
Anson Resources Limited is a company operating in the mining industry, focusing primarily on the exploration and development of lithium-rich brines. The company is engaged in projects that aim to harness lithium resources, which are crucial for the growing battery and electric vehicle markets.
YTD Price Performance: -34.00%
Average Trading Volume: 32,460
Technical Sentiment Signal: Buy
Current Market Cap: $49.77M
See more insights into ASN stock on TipRanks’ Stock Analysis page.