| Lithological Unit | Range | Brine Tonnes (Mt) | Li Grade (ppm) | Br Grade (ppm) | Li
(t) |
Li₂O₃
(t) |
Br
(t) |
| Mississippian | Minimum | 2,000 | 100 | 2,000 | 200,000 | 1,064,600 | 3,200,000 |
| & Clastic Zones | Maximum | 2,600 | 150 | 3,000 | 390,000 | 2,075,900 | 7,800,000 |
Green River Lithium Project
Anson staked the Green River Lithium Project in January 2023. It is located 50 kilometres northwest of the Company’s flagship Paradox Lithium Project, and represents a strategic addition to its lithium asset portfolio in the Paradox Basin in Utah, USA.
The Project comprises a total of 1,251 placer claims over a total area of 106.2km2 and exhibits positive geological, metallurgical and structural similarities with the Paradox Project.
The Green River Project has major infrastructure in place, including proximity to major road and rail networks, power and water. The sub-lease agreement for the supply of water for future production at the Paradox Project allows for diversion from both the Colorado River and Green River; the Project is located close to the Green River.
Anson plans to adopt a similar exploration strategy at the Green River Project as it successfully adopted at the Paradox Project by re-enter existing oil wells to define lithium brine resources, that would contribute significant additional Resources to Anson’s global Paradox Mineral Resource base.
The Green River Project has a substantial Exploration Target of; 2.0 billion tons to 2.6 billion tons of brine, grading 100 – 150ppm Li and 2,000 – 3,000ppm Br1
Exploration Target calculations for the Green River Lithium Project – for the combined Mississippian Leadville and Pennsylvanian Paradox Units.
1The Exploration Target figure is conceptual in nature as there has been insufficient exploration undertaken on the Project to define a mineral resource for the Leadville. It is uncertain that future exploration will result in a mineral resource.
