Anson bulks up Ajana project as it progresses hunt for critical minerals

Anson Resources’ new tenement has increased the size of the Ajana project by 175%
New tenement hosts structures suitable for zinc-lead-silver mineralisation
Government surface geo-chemical sampling identified gallium and barium in a new area

Special Report: Anson Resources has increased the size of its Ajana project in WA’s Mid-West region by 175% after pegging the adjacent tenement to advance its search for critical minerals.

Ajana is within an established mining province which contains several historical copper, lead and silver producing mines dating back to 1850.

Anson Resources’ (ASX:ASN) maiden 30-hole drill program delivered high-grade hits with a hole at the Surprise prospect returning a top intersection of 12m @ 3% zinc, 1% lead and 1.75g/t silver while drilling at Ethel Maude delivered significant results topping up at 20m @ 0.8% zinc, 0.71% lead and 5.75g/t silver.

This drilling also intersected critical minerals such as gallium, indium, germanium and barium.

More recently, the company identified high-grade gallium and barium in numerous historical drillholes at the two additional prospect areas, 8km to the north of the recent drilling at the Ethel Maude and Surprise prospects.

Gallium is used in semi-conductors, blue ray technology light emitting diodes (LEDs), mobile phones and nuclear engineering whilst indium is widely used in the aerospace, defence, energy and telecommunications sectors.

Germanium is used in fibre optics, infra-red optics, high brightness LED’s, as well as semi-conductors and solar panels.

Anson, Resources, ASX, ASN, Zinc, Lead, Silver, Ajana, Project, WA, Tenement, Pegged, Pegging, Critical, Minerals — Plan showing newly pegged tenement at Ajana (in green). Pic: Anson Resources

New tenement pegged for critical minerals

The new 127.75km2 tenement was pegged after the recent drilling discovered the critical minerals on Ajana.

Geological structures suitable for zinc-lead-silver mineralisation strike through the new tenement while government surface geo-chemical sampling previously identified critical mineral anomalies (gallium and barium) in the additional area pegged.

Previous exploration also identified numerous prospective targets for follow up with the aim of defining multiple zinc-lead-silver resources.

This article was developed in collaboration with Anson Resources, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.