Anson Resources
(ASX:ASN)

Anson Resources Limited (ASX: ASN) has a multi-mineral/multi-revenue strategy aimed at creating long-term shareholder value through the discovery, acquisition and development of natural resources that meet the demand from new energy and technology markets.

A key component of this strategy is the development of the Paradox Basin Brine Project in southern Utah, USA, where Anson is targeting the recovery of valuable chemicals from a unique salt brine resource. The Paradox Project is targeting the supply of lithium chemicals to the rapidly growing battery market, while extracting additional value from by products, including bromine, iodine, and boron, contained within the brine.

Anson also has a portfolio of base metals projects covering 458km² in Western Australia, located in the Yilgarn Craton which has yielded highly productive base metal mines and projects.

A key immediate focus with the Company’s WA portfolio is on rapidly advancing exploration at The Bull Project which covers 82km² and adjoins the high-grade Julimar Ni-Cu-PGE discovery made by Chalice Gold Mines Limited (ASX: CHN). With renewed focus on nickel sulphide mineralisation and associated copper and PGE minerals, Anson’s WA portfolio holds significant potential and is in a favourable position to benefit from the renewed interest in these minerals.