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Anson Resources ( (AU:ASN) ) has issued an announcement.
Anson Resources has initiated a re-entry drilling program at the Mt Fuel-Skyline Geyser Well, part of its Green River Lithium Project in Utah. This program aims to increase the JORC resource estimates by converting exploration targets into indicated and inferred resources, with sampling expected to reach depths of 9,800 feet. The initiative is set to confirm the presence of lithium-rich brines, enhancing the project’s resource base and potentially strengthening Anson’s position in the lithium market.
The most recent analyst rating on (AU:ASN) stock is a Buy with a A$0.38 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, primarily focusing on lithium exploration and extraction. The company is engaged in developing lithium-rich brine projects, with a significant focus on its Green River Lithium Project in south-eastern Utah, USA.
YTD Price Performance: 37.14%
Average Trading Volume: 3,224,623
Technical Sentiment Signal: Buy
Current Market Cap: A$138.6M
For a thorough assessment of ASN stock, go to TipRanks’ Stock Analysis page.