How is Anson Progressing with drilling for lithium at the Green River site?

$ASN How is Anson Progressing with drilling for lithium at the Green River site?

Deepening the Lithium Hunt: Anson's Advanced Drilling at Green River

Anson Resources Limited has embarked on a pioneering drilling program at its Green River Lithium Project in Utah, marking a significant phase in its journey to define a JORC Mineral Resource. The operation has progressed past the initial conductor casing phase and is now deep into "surface" drilling, with plans to reach depths that promise to unlock the lithium-rich brines of the Clastic horizons and the Mississippian units.

A Leap into Deep Drilling

Anson's ambitious drilling endeavor has transitioned from setting the conductor casing over the initial 80 feet to embarking on surface drilling aimed at a depth of 1,500 feet. This operation is a critical component of Anson's strategy to delineate a JORC Mineral Resource at its Green River Lithium Project, located in the Paradox Basin of southeastern Utah.

Strategic Drilling Design

The exploration drilling program is meticulously designed to avoid any interaction between ... the surface waters and the lithium-saturated brines below. With a comprehensive plan to drill to approximately 3,292 meters (10,800 feet), the program aims to thoroughly sample the Mississippian Units and Clastic Zones, ensuring the integrity of the surface waters while tapping into the brine's potential.

Precision in Execution

Anson's drilling technique is segmented into four distinct phases, each defined by the hole and casing sizes. This precision drilling begins with the conductor phase, ensuring a stable foundation, followed by surface, intermediate, and production phases. Each step is crucial, employing steel casing and cement to secure and isolate the well, preventing contamination and ensuring the safe extraction of lithium brines.

Environmental Considerations

With an acute awareness of the environmental implications, Anson has taken steps to ensure the drilling process respects the natural landscape and water resources. The property, recently rezoned to allow for exploration and mineral processing, is situated on flat, sparsely vegetated ground, minimizing the environmental footprint of the drilling operation.

Unlocking Lithium Resources

The Green River Project stands on the cusp of a significant discovery, with its drilling program poised to unlock the secrets of the highly porous clastic horizons of the Pennsylvanian Formation and the Mississippian Units. These formations are known to host supersaturated brines, a potential treasure trove of lithium yet to be fully assayed.

A Path to Production

Upon successful completion of the well, Anson anticipates a direct flow of brine to its Sample Demonstration Plant. This facility, equipped with Direct Lithium Extraction (DLE) and downstream purification processes, is set to operate round the clock, producing high-purity lithium carbonate. This step not only signifies a leap towards sustainable lithium production but also positions Anson at the forefront of addressing the growing demand for lithium in the global market.

As Anson Resources Limited advances its drilling program at the Green River Lithium Project, it not only underscores the company's commitment to innovation and environmental stewardship but also highlights the potential of the Paradox Basin as a key player in the future of lithium extraction. With each meter drilled, Anson moves closer to tapping into a critical resource for the renewable energy sector, setting a precedent for responsible and sustainable mineral exploration.

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