Anson’s Executive Chairman and CEO, Bruce Richardson, commented: “Anson is
focused on the development of the Paradox Brine Project while at the same time continuing
to make progress on other projects that it has in its portfolio as part of its multimineral/multi-revenue strategy. The recent increase in the uranium price has been
expected for some time and as Anson has continued to invest in the development of the
Yellow Cat Project, it is well positioned to take advantage of the renewed interest in this
mineral. These high grade assay results and a data base that provides a detailed
understanding of the geological setting, provides further opportunity to increase the project
exploration target. The Company is continuing to develop the Yellow Cat project through
the next stage of its exploration program with the aim of increasing shareholder value
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