Anson Resources Unit Starts Re-Entry Drilling at Utah Well; Shares Up 9%

MT Newswires Live

10/21

Anson Resources (ASX:ASN), through its Blackstone Minerals subsidiary, started a re-entry drilling program of the Mt Fuel-Skyline Geyser 1-25 well at its Green River project in Utah, according to a Tuesday filing with the Australian bourse.

The program is designed to confirm the presence of lithium-rich brines in target horizons, which will be used to increase the overall project JORC mineral resources, the filing said.

Shares rose past 9% in afternoon trade Tuesday.

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