{"id":4806,"date":"2024-01-23T21:53:37","date_gmt":"2024-01-23T21:53:37","guid":{"rendered":"https:\/\/economicherald.net\/?p=4806"},"modified":"2024-01-23T21:53:37","modified_gmt":"2024-01-23T21:53:37","slug":"anson-resources-dual-track-lithium-development-under-way-following-green-river-approval","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=4806","title":{"rendered":"Anson Resources\u2019 dual track lithium development under way following Green River approval"},"content":{"rendered":"

Anson Resources lands conditional use permit for exploration drilling at Green River
\nPlanned wells will feed brine directly into the demonstration plant to closely replicate commercial operating conditions
\nConstruction of demonstration plant is progressing on schedule<\/p>\n

\u00a0<\/p>\n

Special Report<\/em>: Anson\u2019s plans to develop its Green River lithium brine project in Utah as part of a broader dual project development strategy have advanced following a conditional grant for drilling.<\/strong><\/p>\n

Green River is a potentially large project, with a conceptual exploration target of between 2Bt and 2.6Bt of brines grading 100ppm to 150ppm lithium and 2,000ppm to 3,000ppm bromine.<\/p>\n

Early work has indicated that lithium-rich brine at the 106.2km2 project could flow to the surface naturally<\/strong><\/a>, which could reduce operating costs by eliminating the need for mechanical pumping to extract brines from depth.<\/p>\n

Anson Resources (ASX:ASN)<\/strong><\/a> intends to develop Green River in parallel with its flagship asset, the nearby 1.038Mt LCE\u00a0Paradox lithium project about 50km southeast.<\/p>\n

Both projects have similar geological, metallurgical and structural characteristics.<\/p>\n

\u00a0<\/p>\n

Green light for exploration drilling<\/strong><\/h2>\n

The receipt of the Conditional Use Permit (CUP) from the Green River City Planning & Zoning Commission for exploration drilling on ASN\u2019s proposed Utah Sample Demonstration Plant (USDP) follows the Green River City Council\u2019s approval of the re-zoning of Anson\u2019s privately-owned ground at the Green River Project for exploration drilling and mineral processing.<\/p>\n

It will allow the company to begin drilling with the aim of utilising the brine from the drilled well directly into the lithium extraction process at the demonstration plant to replicate as closely as possible the operating conditions of ASN\u2019s proposed future full-scale production plant.<\/p>\n

This will include the temperature of the brine and make-up of the brine, including the lithium grade.<\/p>\n

Carrying out this work will further de-risk the project and provide greater certainty on the attributes of the Green River project\u2019s lithium brines for potential offtake partners.<\/p>\n

The company has now made applications for the planned drilling program to the Utah Division of Oil and Gas (UDOGM), as well as continuing to progress through the approval stages.<\/p>\n

Additionally, the CUP allows the company to progress its planned visitor centre, which will be used for meetings with potential off-take partners.<\/p>\n

\u00a0<\/p>\n

Map of the area re-zoned for drilling and mineral processing. Pic: Supplied (ASN)<\/p>\n

\u00a0<\/strong><\/p>\n

Demonstration plant progress<\/strong><\/h2>\n

ASN also continues to progress construction of the USDP<\/strong><\/a> with fencing installed around the plant site in recent weeks, along with preparation of a drilling pad and the connection of grid power and other utilities.<\/p>\n

Equipment from the ASN\u2019s Lithium Innovation Centre (LIC) has been replicated and will be installed in the USDP.<\/p>\n

\u00a0<\/p>\n\n

\ufeff<\/span>\u00a0<\/p>\n

This article was developed in collaboration with Anson Resources, a Stockhead advertiser at the time of publishing. <\/em><\/p>\n

\u00a0<\/em><\/p>\n

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n

<\/span><\/p>\n

The post Anson Resources\u2019 dual track lithium development under way following Green River approval<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Anson Resources lands conditional use permit for exploration drilling at Green River Planned wells will feed brine directly into the demonstration plant to closely replicate [more…]<\/a><\/p>\n","protected":false},"author":0,"featured_media":4807,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4806","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nAnson Resources\u2019 dual track lithium development under way following Green River approval - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=4806\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Anson Resources\u2019 dual track lithium development under way following Green River approval - 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