Anson Resources Limited · ASX:ASN
Anson Resources — Shareholder Meeting (November 2018)
19 slides from Anson Resources's shareholder meeting presentation, Nov 28, 2018
Slide 1: Paradox Lithium Project: Fast Tracking to Production
For personal use only Paradox Lithium Project: Fast Tracking to Production 28th November 2018 Anson Resources Ltd AGM Anson’s First Lithium Carbonate
Slide 2: Disclaimer
Disclaimer The information contained in this confidential document ("Presentation") has been prepared by Anson Resources Limited (the "Company"). It has not been fully verified and is subject to material updating, revision and further amendment. The Information many not be distributed to others at a
Slide 3: Shareholding Dashboard – Last 12 Months
Shareholding Dashboard – Last 12 Months For personal use only Nov Nov 2017 2018 # of shares 341m 494m Price $0.10 $0.09 Market Cap $34.1m $44.5m # of 1,955 3,537 shareholders 108m 2.5c options exercised raising $2.7m 23m shares placed at $0.11 raising $2.5m ASX: ASN 3
Slide 4: Directors
Directors For personal use only Bruce Richardson, B.A (Hons) – Peter (Greg) Knox B.Sc. (Geology) – Michael van Uffelen B. Com. – Executive Chairman & CEO Director Director Proven track record of 9 years in Experienced Director, CFO & Company Mr Knox is a qualified geologist with over explorati
Slide 5: Location
Paradox Lithium Project - Location Well Known Historic Mining Area For personal use only Existing exploration and mining support infrastructure Mined for uranium, copper, potash etc and oil & gas Brines known to exist throughout the Paradox Basin which covers an area 33,000 square miles (85,47
Slide 6: Timeline
Paradox Lithium Project - Timeline Q1 2018 Q2 2018 Q3 2018 Q4 2018 Q1 2019 Q2 2019 Q3 2019 For personal use only Exploration - drilling Gold Bar Unit 1 √ Cane Creek √ Skyline Unit 1 Long Canyon No. 2 JORC Resource Test Work Outotec √ Lilac - benchtop Li2CO3, LiOH √ Hazen – other minerals Pilot Plant
Slide 7: Brine Project – November 2017
Paradox Brine Project – November 2017 508 placer claims with an area of 4,091 hectares For personal use only Long Canyon No. 1 operating well with known brine value of 500ppm from Clastic Zone 31 at 6,013 feet (120 metres from claims) White Cloud No. 2 with historic brine value of 1,700ppm fro
Slide 8: November 2018 project update and exploration target
Paradox Lithium Project – November 2018 Total project area 1,317 claims covering 10,791 hectares For personal use only (108 sq km) of land, re-entered 2 wells Test work produced lithium carbonate (Li2CO3) and lithium hydroxide (LiOH) Fast-track to production: Purchased oil/gas lease and well
Slide 9: Advantages
Paradox Lithium Project – Advantages Extraction - Artesian Flow: For personal use only Comes to surface under own pressure 2,000+ psi at surface In-situ State – Assists in Processing: Temperature 120 degrees at depth & surface 80 degrees Fahrenheit Highly concentrated supersaturated brine
Slide 10: Advantages: High Concentrations of Five Minerals
Paradox Lithium Project – Advantages High Concentrations of Five Minerals: For personal use only High concentrations of Lithium, Boron, Bromine, Iodine and Magnesium recorded in historical assay results in the area surrounding the project High concentration of Bromine at Cane Creek 32-1 sampled
Slide 11: Drilling
Paradox Lithium Project – Drilling Re-entered two oil wells and sampled brines For personal use only Gold Bar: Low Li values, so focused on southern claims Cane Creek 32-1 Oil & Gas Well: Re-entered with work over drilling rig in April 2018 Tested five clastic zones Clastic 29 came to surfac
Slide 12: JORC Resource Pathway
Paradox Lithium Project – JORC Resource Pathway Two Re-entry Wells: For personal use only Notice of Intent (NOI) process underway to re-enter Long Canyon No.2 & Skyline Unit 1 To commence Q1 2019: Geological important structures present Located near historic high grade Li values One New Samp
Slide 13: Initial Test Work
Paradox Lithium Project – Initial Test Work Summary of Findings: For personal use only Solar evaporation laboratory & on-site evaporation ponds Lab & pond results correlated Precipitation of sodium & potassium Lithium & bromine grade increased Low energy cost but slow in evaporation ponds
Slide 14: Metallurgical Test Work: Outotec Solvent Extraction
Paradox Lithium Project – Metallurgical Test Work For personal use only Outotec – Solvent Extraction (SX) Outotec a global leader in minerals and metals processing technology based in Finland test has commenced test work on samples taken from Cane Creek 32-1 well A conceptual process developed b
Slide 15: Metallurgical Test Work: Lilac Solutions Ion Exchange
Paradox Lithium Project – Metallurgical Test Work Lilac Solutions – Adsorption Ion Exchange (IX) For personal use only Li only extraction process using patented beads First stage bench top test work extracted Li successfully from the Cane Creek well brine in July 2018 Li2CO3 produced Li2CO3
Slide 16: Metallurgical Test Work: Hazen Process Improvement
Paradox Lithium Project – Metallurgical Test Work Hazen – Process Improvement Test For personal use only Work Hazen are testing if other minerals including boron, bromine and iodine can be extracted as products Lilac - Production Test Work Lilac’s Li extraction planned to follow the boron, bromi
Slide 17: Additional Projects – Western Australia
Additional Projects – Western Australia Ajana – Graphite & Base Metals: For personal use only Lead Resource just upgraded to JORC 2012 Base metals and graphite: 31 VTEM targets to test Soil anomalies throughout project area to be tested 470km north of Perth Hooley Well Nickel & Cobalt:
Slide 18: Thank You
Paradox Basin Project For personal use only Thank You ASX: ASN 18
Slide 19: Contact Details
Contact Details For personal use only Bruce Richardson Executive Chairman and CEO E: brichardson@ansonresources.com T: +61 8 9226 0299 W: www.ansonresources.com twitter.com/anson_ir LinkedIn: https://www.linkedin.com/company/13357337/ ASX: ASN 19
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