Curated News
By: NewsRamp Editorial Staff
May 01, 2024
Anson Resources Taps into High-Grade Lithium Brine at Green River
TLDR
- Anson Resources taps into high-grade lithium brine at Green River, confirming potential for second lithium project in Utah.
- The extraction of supersaturated brine from the Mississippian Units at Green River confirms favourable geological conditions for lithium extraction.
- The high-grade lithium brine extraction at Green River has the potential to contribute to the production of high-purity lithium carbonate for potential offtake partners, making tomorrow's technology more sustainable.
- Anson Resources' CEO discusses significant progress at Green River Lithium Project, including the extraction of high-pressure brine with a density of 9.5 pounds per gallon from a depth of 10,470 to 11,210 feet.
Impact - Why it Matters
The extraction of high-grade lithium brine at the Green River Lithium Project marks a significant step forward for Anson Resources Ltd, confirming the potential for a second lithium project in Utah. This development also showcases the company's strong presence in the US market, with a cornerstone binding offtake term sheet providing market validation for its Paradox Basin Lithium Project.
Summary
Anson Resources Ltd CEO and MD Bruce Richardson discusses the significant progress at its Green River Lithium Project, confirming the potential for a second lithium project in Utah. The Bosydaba #1 well confirmed favourable geological conditions for lithium extraction. Brine samples will be sent for assaying lithium, iodine, bromine, boron and other minerals. Richardson also discusses a cornerstone binding offtake term sheet, showcasing the company's strong US market presence.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Anson Resources Taps into High-Grade Lithium Brine at Green River
