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How Is Anson Resources Advancing Lithium Extraction in Utah? — ASX:ASN| ASX Mining News & Discussion
L
Lykeshares
2y
Official
$ASN
How Is Anson Resources Advancing Lithium Extraction in Utah?
Pioneering Lithium Extraction: Anson Resources Launches Drilling Program at Green River Project
Anson Resources Limited, a prominent ASX-listed mineral resources company, is making significant strides in lithium extraction with the initiation of site works for its JORC Mineral Resource drilling program at the Green River Project in Utah, USA.
This move signifies a crucial phase in Anson's ambition to define and exploit the lithium resources within the Paradox Basin, positioning the company at the forefront of addressing the burgeoning demand for lithium, a critical component in the new energy and technology markets.
Drilling Program Commencement
Anson has embarked on earthworks at the Green River Project site, laying the groundwork for an extensive drilling program designed to delineate a JORC Mineral Resource. The program, set to commence by the end of the week, will target the Clastic Zones and the Mississippian Units, known for their supersaturated lithium brines.
This endeavor is bolstered by Anson's
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strategic acquisition of privately owned land within the project area, expediting the approval process and facilitating the swift launch of drilling operations.
Strategic Land Ownership
Owning land privately has offered Anson significant advantages, notably reducing the timeframe for drilling approvals. This strategic decision underscores the company's commitment to leveraging every opportunity to enhance project timelines and efficiency. The drill site, an 88.4 meters squared area on flat terrain, necessitated minimal earthworks, further streamlining site preparation efforts.
Environmental Considerations and Water Conservation
Anson's drilling strategy is meticulously designed to ensure the protection of local aquifers and surface waters. The drilling program will employ steel casings and cementation to prevent any interaction between the lithium brines and surface waters. Additionally, the unique geological features of the Paradox Basin, with its impermeable evaporite cycles, further safeguard the region's water resources, enabling a sustainable extraction process that respects the environmental integrity of the area.
The Green River Drilling Program
Named Bosydaba 1, the well will reach a total depth of 10,800 feet, adjacent to Anson's planned Utah Sample Demonstration Plant (USDP) and Visitor Centre. The drilling outcomes will inform the delineation of a JORC Mineral Resource, with the extracted brine slated for direct processing at the USDP, facilitating a continuous production cycle of high-purity lithium carbonate.
A Closed-Loop System
Emphasizing sustainability, Anson's extraction process will operate within a closed-loop system, where extracted brines are re-injected back into the ground after processing. This approach not only conserves water resources but also minimizes environmental impact, showcasing Anson's commitment to eco-friendly extraction methodologies.
With the drilling program underway, Anson Resources is poised to unlock the potential of the Green River Project, contributing significantly to the lithium supply chain critical for new energy technologies. The company's rapid progress, underscored by strategic land acquisitions and a streamlined approval process, highlights its potential to add substantial shareholder value as it advances toward lithium production.
About Anson Resources
Anson Resources is dedicated to developing its core asset, the Paradox Lithium Project, into a significant lithium-producing operation. The company's focus on commodities essential for the new energy and technology sectors reflects its vision to create long-term shareholder value through sustainable resource development.
Anson Resources' initiation of the Green River Lithium Project drilling program marks a pivotal step in its journey to become a key player in the lithium market. Through strategic planning, environmental stewardship, and innovative extraction processes, Anson is well-positioned to meet the demands of the future energy landscape, driving progress and sustainability in the lithium extraction industry.
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L
Lykeshares
133d
Official
Berkshire is hoarding so. much. cash.
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L
Lykeshares
133d
Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can
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rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares
164d
Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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L
Lykeshares
1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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L
Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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L
Lykeshares
1y
Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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L
Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
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