Anson Resources (ASX:ASN) said its UV1 Minerals unit will start drilling in early March at its Yellow Cat uranium-vanadium project in Utah, according to a Monday Australian bourse filing.
The company plans to drill the mineralized trend from the Windy Point and McCoy Group to the Cactus Rat and Mineral Treasure mines, seeking to confirm the uranium and vanadium mineralization continues between the two historical mining locations, the filing said.
Anson Resources' shares fell nearly 4% in recent trading on Monday.