Anson Resources Reports Significant Increase in Lithium Values at Green River Project

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

Anson Resources has reported a 44% increase in lithium values at its Green River Lithium Project following recent swabbing programs. The assays revealed an average lithium concentration of 135mg/l, significantly higher than the initial JORC resource estimate. This improvement is attributed to the cleaning of the well and the opening of higher-grade aquifers, which will be included in future resource upgrades. The clean and low-contaminant nature of the Green River brine enhances the efficiency and cost-effectiveness of lithium carbonate production, positioning Anson Resources favorably in the lithium extraction industry.

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. Its primary project is the Green River Lithium Project located in south-eastern Utah, USA. The company is dedicated to enhancing its resource estimates and optimizing lithium extraction processes.

YTD Price Performance: -31.43%

Average Trading Volume: 1,226,660

Technical Sentiment Signal: Sell

Current Market Cap: A$66.56M

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