Ann: Yellow Cat Assays Confirms High Grade Uranium & Vanadium, page-2

Yellow Cat Assays Confirms High Grade Uranium & Vanadium
Highlights:
• Exceptional high-grade Uranium & Vanadium assays recorded
o Assays up to 10.33% U3O8 & 25.61% V2O5
• Samples from outcrops, ore pads and exposed mineralisation
• Mapping of historic drill holes completed & data base acquired enabling fasttrack geological interpretation
• Next stage of exploration program to increase exploration target underway
Anson Resources Limited (‘Anson’ or ‘the Company’) is pleased to advise that it has
completed the Stage 2 of its uranium and vanadium exploration program at its 100%
owned Yellow Cat Project (‘Yellow Cat’), Grand County, Utah confirming high grades of
uranium and vanadium. Surface outcrops and ore pad grab samples were submitted to
ALS in Reno and subsequently ALS Vancouver. High grade assay values of up to
87,600ppm uranium (U) (10.33% U3O8) and 143,500ppm vanadium (V) (25.61% V2O5)
were reported. A summary of the results of the elemental values and the more common
metal oxides are shown in Table 1 below.
Location ID Northing Easting Sample ID U3O8 (%) V2O5 (%) Comments
YC2 4,299,798 627,312 YC20007 6.65 4.69 Exposed mineralisation, UG workings
YC20008 10.33 2.46
YC20010 0.94 23.92
YC3 4,301,989 634,173 YC20004 3.27 5.87 Exposed mineralisation, UG workings
YC4 4,299,789 627,312 YC20014 1.43 1.77 Ore pad grab samples
YC8 4,300,420 627,803 YC20022 1.07 10.16 Exposed mineralisation, UG workings
YC10 4,302,105 634,215 YC20006 0.86 14.57 Exposed mineralisation, UG workings
YC11 4,302,017 633,665 YC20012 0.05 25.61 Exposed mineralisation, UG workings
Table 1: Selected assay results for Uranium and Vanadium at Yellow Cat