Anson Resources LimitedASX: ASN

New Approval for Resource Expansion Drilling at Paradox

· Issued by Anson Resources Limited

Filed with ASX · · 9 pages · English

Summary by 6ix AI

Anson Resources Limited has announced the receipt of new approval from the USA's Bureau of Land Management for its Western Strategy drilling program at the Paradox Lithium Project in Utah, USA. The program aims to re-enter existing wells to increase the JORC Mineral Resource by converting an Exploration Target into Indicated and Inferred Resources. This approval follows a previous one granted in October of the prior year and confirms the project's compliance with environmental impact assessments. The drilling will target specific geological formations known to contain lithium-rich brines, potentially enhancing the project's resource estimates.

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