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Anson Resources ( (AU:ASN) ) has issued an update.
Anson Resources has expanded its Green River Lithium Project by acquiring 100 additional strategic placer claims, increasing the project’s land package by 10%. This expansion includes claims that are strategically positioned within the Area of Influence, which will be incorporated into future JORC Mineral Resource estimates. The new claims contain two historical oil wells with recorded brine flows, indicating potential for increased resource estimates. These developments are expected to enhance Anson’s operational capabilities and strengthen its position in the lithium extraction industry, potentially benefiting stakeholders through increased resource availability and project viability.
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 mining industry, focusing on the exploration and development of lithium-rich brine projects. Its primary project is the Green River Lithium Project located in south-eastern Utah, USA.
YTD Price Performance: -30.0%
Average Trading Volume: 1,332,728
Technical Sentiment Signal: Sell
Current Market Cap: A$67.95M
For detailed information about ASN stock, go to TipRanks’ Stock Analysis page.