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Ann: New Lithium-Rich Horizons Discovered at Cane Creek 32-1 Well, page-2

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    “The assay results from Clastic Zones 43, 45, 47 and 49 returned an average of 100ppm Li for the four horizons intersected, see Table 1. This is 17% higher than the average grade of the shallower Clastic Zones 17, 19, 29 and 33 from drilling at the Long Canyon No. 2 well, included in Anson’s recently reported upgraded JORC resource at the Project (ASX announcement, 22 August 2022).

    It is also be noted that a number of these additional clastic zones are much thicker than the zones previously sampled and used in the recent JORC resource upgrade. The extra thickness in the new clastic zones has the potential to deliver a large increase in a further planned mineral resource upgrade, which will incorporate results from the Cane Creek drilling.”
 
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