Lithium Carbonate produced at Anson’s Lithium Innovation Centre. Source: Anson Resources
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Anson Resources (ASX:ASN) confirms the location for its proposed processing plant at the Green River Lithium Project in Utah, USA
  • The decision is based on a positive geotechnical engineering study conducted on the site
  • The study results indicate that the site’s subsurface conditions are suitable for constructing the plant’s foundations.
  • Anson intends to develop the Green River project concurrently with its Paradox lithium project
  • Anson Resources shares last traded at 14.3 cents

Anson Resources (ASX:ASN) has confirmed the site for a proposed processing plant at its Green River lithium project in the Paradox Basin of Utah, USA.

This development marks another significant step forward in the project’s progress, following a comprehensive geotechnical engineering study.

The engineering study was conducted by independent engineering and geological consultants as part of Anson’s due diligence process after acquiring an industrial land package at Green River.

Importantly, the majority of the site consists of alluvial deposits resting on layers of gravel and cobbles, with no anticipated groundwater issues affecting construction.

The study included nine boreholes and five trenches, with bedrock encountered at depths ranging from 0.76 metres to approximately 4.27 metres.

Core samples were taken to a depth of approximately 21.34 metres, and soil samples, as well as field resistivity measurements, were collected.

The boreholes were initially drilled using a seven-inch diameter hollow-stem auger and subsequently cored to their final depths.

Standard penetration tests (SPT) were performed on the core samples, followed by laboratory testing.

Geotechnical laboratory tests included evaluations of grain size distribution, Atterberg limits, 1D consolidation, unconfined compression, water-soluble chloride and sulphate concentration, electrical resistivity, and pH.

Anson Resources shares last traded at 14.3 cents.


ASN by the numbers
More From The Market Online
The Market Online Video

Market Close: Autumn’s ASX200 record breaking start

The ASX200 has closed the first day of Autumn at a new record 7745.6 points -…
The Market Online Video

Ark Mines (ASX:AHK) improves REE grades at Sandy Mitchell

North Queensland-based REE explorer Ark Mines (ASX:AHK) has proven higher-grade mineralisation is present on-site.

Week 9 Wrap-up: ASX hits 2 new ATHs on US inflation + the headlines that mattered

What a week. As US markets continue to go crazy after the American earnings season (read: NVIDIA), the ASX has done the same. 
OBM

Ora Banda Mining secures $30 M placement, marks progress toward second underground mine

Ora Banda Mining (ASX:OBM) has completed a single tranche placement, securing commitments at an issue price…