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Anson Resources ( (AU:ASN) ) has provided an announcement.
Anson Resources has significantly upgraded the JORC mineral resource estimate for its Green River Lithium Project in Utah, revising indicated resources to 183,000 tonnes and inferred resources to 590,000 tonnes of lithium carbonate equivalent, increases of 863% and 602% respectively. The company also issued a retraction and clarification of an earlier announcement, updating competent person disclosures, adding detail on mineral claims and leases, and withdrawing a previous reference to 1 million tonnes of LCE, while flagging further upside potential as new drilling data and additional claims are incorporated.
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 Ltd is an ASX-listed resources company focused on lithium exploration and development, primarily through its Green River Lithium Project in south-eastern Utah, U.S. The company operates the project via its wholly owned subsidiary Blackstone Minerals NV LLC, targeting lithium carbonate equivalent resources within the Mississippian Leadville Limestone aquifer system.
Average Trading Volume: 3,089,089
Technical Sentiment Signal: Sell
Current Market Cap: A$82.6M
See more insights into ASN stock on TipRanks’ Stock Analysis page.