Anson Resources drilling update at Green River Lithium Project

Anson Resources Limited (ASX: $ASN) has confirmed through its drilling program at the Green River Lithium Project that the clastic zones are deeper and thicker than those at the Paradox Lithium Project. The drilling program is part of Anson's JORC Mineral Resource definition plan, with the 'production' phase expected to intersect the targeted Clastic Zone horizons at approximately 8,800ft.

Executive Commentary on Green River Drilling Program

The clastic zones intersected at the Green River Lithium Project have been found to be geologically similar to those at the Paradox Lithium Project, but deeper and thicker. This is a significant development for Anson Resources as it indicates the potential for increased extraction of brines. The drilling program is progressing well, with increased drilling speed through the softer salt and clastic zone, and the intersection of shallow slightly saline aquifers supporting the absence of connectivity between these aquifers and the targeted sealed Pennsylvanian brines.

Summary of Anson Resources' Green River Lithium Project Update

Anson Resources' drilling program at the Green River Lithium Project has confirmed the presence of deeper and thicker clastic zones, similar to those at the Paradox Lithium Project. This discovery is a positive indicator for the potential extraction of brines. The geological structures and lithological units within the clastic zones provide favorable attributes for extraction, including high pressure, increased porosity, and permeability. The completion of the well is expected to enable brine flow directly to the Sample Demonstration Plant, leading to continuous production of high purity lithium carbonate product. The drilling program has been designed to ensure no interaction between surface waters and the supersaturated lithium brines, with a focus on conservation of water aquifers. Anson Resources remains focused on creating long-term shareholder value through the development of natural resources to meet the demand of tomorrow's new energy and technology markets.