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Anson Resources ( (AU:ASN) ) has provided an announcement.
Anson Resources has received approvals from the US Department of Interior and the Utah Department of Natural Resources for a revised drilling program at the Mt Fuel-Skyline Geyser Well, part of its Green River Lithium Project. The original re-entry program was abandoned due to significant blockages in the well, leading to the development of a new drilling strategy that involves sidetracking the existing wellbore. This revised approach will allow Anson to collect brine samples and additional data to potentially strengthen its JORC resource, enhancing its operational capabilities and positioning in the lithium exploration industry.
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 engaged in the exploration and development of lithium projects. Its primary focus is on the Green River Lithium Project in Utah, USA, where it aims to extract lithium-enriched brines.
Average Trading Volume: 5,087,878
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$110.1M
For a thorough assessment of ASN stock, go to TipRanks’ Stock Analysis page.