Anson Resources Limited · ASX:ASN
Anson Resources — Benchmark Mineral Intelligence, New York (May 2019)
14 slides from Anson Resources's conference presentation, May 7, 2019
Slide 1: Paradox Basin Brine Project
Paradox Basin Brine Project Moab, Utah, USA • Lithium in natural brines in North America • Low risk mining jurisdiction • Sophisticated & simple flowsheet • Bromine and boron and minerals 6 May 2019 Benchmark Mineral Intelligence New York, New York
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: Shareholder Details
Shareholder Details May 2019 Number of shares 497M Price per share (AUD) $0.059 Market Capitalization (AUD) $29.4M Number of Shareholders 3,325 ASX: ASN 3
Slide 4: Board of Directors
Board of Directors Bruce Richardson, B.A. (Hons) – Executive Chairman & CEO • 10 years in exploration, mining, and production in public and private companies • >30 years of international business experience with major focus in China • Raised >$170M for mining projects in past few years Greg Knox, B.
Slide 5: Paradox Basin Brine Project - Location
Paradox Basin Brine Project - Location • Century old mining district • Mined for uranium, copper, potash, O&G, etc. • High voltage power and water easily accessible • 6 hour drive to Green River, WY (soda ash supply) and supply of all necessary reagents nearby • High lithium concentrations in natura
Slide 6: Project Area
Project Area Total project area: over 1,317 claims covering 27,000 acres (108 km2) of land Well re-entry program: sampled brines from clastic layers ~6,000 feet deep Leases awarded: oil/gas lease at Cane Creek 32-1 (marked by red dot), large pad for brine processing and industrial operations, indust
Slide 7: Exploration Results
Exploration Results Artesian flow from Clastic Zone #31 targeted with 3 well re-entries, strong evidence of aquifer replenishment from below Li Br B I Depth Flow Rate Pressure Temperature Well (mg/L) (mg/L) (mg/L) (mg/L) (ft) (bbl/h) (psi) (downhole, oF) Anson’s Results: Skyline 194 4,427 164 156 6,
Slide 8: Direct Lithium Extraction Test work, Lithium Chemical Synthesis, & Piloting
Direct Lithium Extraction Test work, Lithium Chemical Synthesis, & Piloting Advanced ion exchange (IX) technology and simple lithium carbonate flowsheet tested at multiple scales Proof of Concept Testing (~1,000L of brine) Goal: demonstrate selective lithium extraction from Paradox Basin brine Stage
Slide 9: Sophisticated & Simple Extraction Flowsheet
Sophisticated & Simple Extraction Flowsheet High extraction recoveries achieved at bench scale for lithium (>80%), bromine (90%), and boron (89%) • Bromine oxidation and recovery is low-risk, conventional technology, will be demonstrated at pilot scale with oxidation specialist partner • Boron recov
Slide 10: On-Site Pilot Plant
On-Site Pilot Plant Design work underway for all process blocks of >100 tonne Li2CO3/year scale industrial scale facility • Millcreek Engineering (Salt Lake City) leading permitting, infrastructure, balance of plant, and logistics for pilot plant (provided balance of plant for Simbol Materials pilot
Slide 11: Paradox Basin Brine Project Timeline
Paradox Basin Brine Project Timeline Activity Q4 2018 Q1 2019 Q2 2019 Q3 2019 Q4 2019 Q1 2020 Exploration & Drilling Skyline Unit 1 Re-entry Long Canyon No. 2 Re-entry JORC Resource Estimate Underway Lithium Extraction Pilot Plant Design & Engineering of Pilot IX System Underway On track BG Li2CO3 P
Slide 12: Thank you
Thank you Contact: Bruce Richardson, Executive Chairman & CEO Email: brichardson@ansonresources.com Phone: + 1 702 759-0182 Website: www.ansonresources.com @anson_ir Anson Resources
Slide 13: Additional Project – Yellow Cat Vanadium Project in Utah
Additional Project – Yellow Cat Vanadium Project in Utah • Historic high grade V/U mineralization • Rock chip samples up to 13.1% V (23.4% V2O5) • 418 lode claims, 8,352 acres covered Sample Type Vanadium V2O5 Uranium U3O8 (V%) (%) (U%) (%) YC01 Weathered 1.42 2.53 0.03 0.035 YC02 Fresh 13.1 23.38 0
Slide 14: Additional Project – Graphite & Base Metals in WA
Additional Project – Graphite & Base Metals in WA Ajana – Graphite & Base Metals • 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: • Lateritic Ni-C
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