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Anson Resources Limited (ASX:ASN)

ALERT: Price-sensitive ASX Announcement for ASN
Current share price for ASN : $0.045 0.001 (2.27%)+
Announcement
Release
3 Aug 2026 8:39AM
Price at Release
$0.044
Full Release
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Summary
Anson Resources Limited, through its subsidiary Blackstone Minerals NV LLC, has successfully won the bid to acquire mineral rights from the Utah Division of Forestry, Fire and State Lands (FFSL) for its Green River Lithium Project. This new acquisition increases the project area by 5.4% and will be included in future JORC Resource estimations. The FFSL leases cover approximately 1,175 acres of land believed to be rich in lithium brines, and their inclusion is expected to enhance Anson’s JORC estimates without requiring additional drilling, thus limiting costs and expediting project advancement. The upgraded JORC resource estimates, anticipated to be completed by Q3 2026, will support the Company’s Definitive Feasibility Study and funding initiatives for the Green River Project in 2027.
Key Points
  • Anson Resources wins FFSL mineral rights bid for Green River Project.
  • New tenure covers 1,175 acres of lithium-rich brines.
  • 5.4% increase in project area, joining east and west claim areas.
  • Inclusion in future JORC Resource update.
  • Leases 1 to 4 within Indicated JORC Resource, leases 5 to 8 in Inferred Resource.
  • FFSL leases expected to enhance JORC estimates without additional drilling.
  • JORC resource update expected in Q3 2026.
  • Upgrade supports Definitive Feasibility Study for 2027 project funding.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.