Anson Resources Advances Green River Lithium Project with New Petrel Model

Anson Resources ( (AU:ASN) ) has shared an update.

Anson Resources has completed both a Static and Dynamic Petrel Model for its Green River Lithium Project, confirming a large interconnected brine reservoir across the project area. The model provides valuable insights into geological formations, aiding in the selection and design of future drilling programs and engineering studies. The identification of over 42 aquifers within the Mississippian Unit and the potential to increase the JORC Resource Estimate through further drilling underscore the project’s potential to enhance Anson’s industry positioning.

The most recent analyst rating on (AU:ASN) stock is a Buy with a A$0.15 price target. To see the full list of analyst forecasts on Anson Resources stock, see the AU:ASN Stock Forecast page.

More about Anson Resources

Anson Resources Limited is a company operating in the lithium industry, focusing on the exploration and development of lithium-rich brine projects. Their primary project, the Green River Lithium Project, is located in south-eastern Utah, USA, where they aim to enhance their resource estimates and production capabilities.

Average Trading Volume: 1,260,110

Technical Sentiment Signal: Sell

Current Market Cap: A$65.18M

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