Why is Anson Resources Confident in the Geological Characteristics and Prospects of the Green River Lithium Project?

Anson Resources Limited, an exploration company focused on lithium projects, has conducted a comprehensive review of its Green River Lithium Project in the Paradox Basin, Utah. The results of this review affirm the project's exceptional geological features and high-level prospects, further enhancing its potential for exploration and development.

Promising Geological Attributes:

The detailed review of the Green River Lithium Project has revealed several positive geological characteristics that make it highly favorable for lithium exploration. The thickness of brine-bearing rock units within the project area is notably high, indicating the potential for significant lithium resources. Moreover, the porosity and permeability of these rock units are also substantial, suggesting the ease with which liquids, such as brine, can flow through them. The review also uncovered high-pressure levels in the Mississippian Units, reaching up to 5,500 psi. This resulted in artesian brine flow in completed drillholes, indicating the presence of brine-filled reservoirs.

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Additionally, three fault lines were discovered, intersecting the flow of brine from north to south.

Comparison to Paradox Lithium Project:

The review indicates that the Green River Project boasts geological characteristics comparable to Anson's core project, the Paradox Lithium Project. The clastic zones and Mississippian units, which are significant lithium-bearing formations, are continuous between the two project areas. In fact, in certain areas, the thickness of these formations at Green River is even greater, with measurements of up to 204. 8 meters (672 feet) reported in the Mississippian Units. Brines containing lithium have been recorded in the Clastic Zone 31 and Mississippian Units at the Green River Project, with a continuous artesian flow of brine from depth.

Path to Lithium Production:

Anson Resources Limited is focused on developing the Green River Project alongside the more advanced Paradox Project, aiming to establish potential lithium production operations. The favorable geological characteristics and prospectivity of the Green River Project, as confirmed by the detailed review, highlight the project's potential for contributing to Anson's overall lithium portfolio. The project's proximity to existing infrastructure, such as the national rail network, interstate road system, and access to the Green River, further enhances its appeal.

Anson Resources is now advancing its plans for the development of the Green River Project, leveraging the valuable insights gained from this review. By harnessing the geological advantages and prospects within the project area, the company aims to establish a successful lithium production operation in the future.

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