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7.4¢ anson resources limited

Ann: Anson Delivers 1Mt LCE Mineral Resource at Paradox, page-118

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Chris2184

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03/11/22

06:17

Post #: 64558210
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Originally posted by 1sharetrader1: ↑

From today's announcement.
All the below mentions targeting the Mississippian.
So, I suggest people ignore non holder misinformation.

Project hosts substantial further Mineral Resource expansion potential; o ‘Western Expansion’ strategy due to commence, including newly discovered Mississippian units – results to be included in future Resource upgrade o Approval granted by the BLM to re-enter the ‘Western Expansion’ wells.

‘Western Expansion’ strategy The Company also plans to commence its ‘Western Expansion’ strategy by re-entering historic drillholes in the western areas of the Project, recently approved by the Department of the Interior, Bureau of Land Management (BLM), see ASX Announcement 5 October 2022. This may result in a significant increase in the block model grades and ultimately the product tonnages for the clastic zones, and also the new Mississippian units where there are little previous recorded assays. The Mississippian units in the western strategy have an average thickness of 142 metres, previously recorded in historical oil well drilling. Figure 5 shows the oil wells that were drilled into the Mississippian.

New Discovery The new Mississippian units in the western extent of the Project area represent a new discovery by Anson. This presents the opportunity to drill and sample these new zones, beyond the Company’s core strategy of re-entering existing wells in the Project area to sample and define Mineral Resources. The proposed drilling and sampling of the new discovery area has the potential to deliver further new Mineral Resources at the Project.

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Good pickup.

Can you post the in-ground value calculations for the most recent resource figures please?

Cheers

ASN Price at posting: 32.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

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Ann: Anson Delivers 1Mt LCE Mineral Resource at Paradox, page-118

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Ann: Anson Delivers 1Mt LCE Mineral Resource at Paradox, page-118

Top Stories

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Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

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