Anson Resources Achieves 1.5 Million Tonnes of LCE at Paradox

Anson Resources Ltd has announced a substantial enhancement in its mineral resource estimate, with a remarkable 1.5 million tonnes of lithium carbonate equivalent (LCE) now attributed to its Paradox Lithium Project in southeastern Utah, USA. This significant development follows the successful acquisition of the Green River Lithium Project, situated in close proximity to the Paradox Project.

The incorporation of the Green River Lithium Project represents a pivotal moment in Anson's strategic efforts, as it not only expands the project area by 8%, bringing the total to 231.35 square kilometers but also contributes to a remarkable 45% increase in the lithium resource previously reported. This achievement marks a momentous leap forward in Anson's mineral resource inventory for its Paradox Basin lithium assets, representing a substantial milestone in the ongoing development of the Paradox Lithium Project.

Anson Resources' dynamic expansion in lithium resource at the Paradox Lithium Project underscores the company's dedication to advancing its foothold in the lithium sector. By securing additional resources and elevating their lithium carbonate equivalent estimate to 1.5 million tonnes, they are positioning themselves as a significant player in the ever-growing lithium market. The Green River Lithium Project's contribution to this enhancement signifies the critical role of strategic acquisitions in expanding resource potential and fueling the growth of the Paradox Lithium Project.

This accomplishment is not only a cause for celebration within Anson Resources but also a noteworthy development in the broader context of lithium exploration and production in the region. It reinforces the region's potential as a vital hub for lithium extraction and underlines the growing importance of lithium as a key element in the renewable energy and electric vehicle sectors.

The added acreage from the Green River Lithium Project and the corresponding increase in lithium resources are pivotal for Anson Resources, as they are well aware of the mounting global demand for lithium. With lithium being an essential component in the batteries that power electric vehicles and store renewable energy, Anson's strategic move to expand its resource base aligns perfectly with the increasing global focus on clean energy and sustainable transportation.

The Green River Lithium Project's proximity to the existing Paradox Lithium Project adds a layer of convenience to Anson's operations, reducing logistical complexities and enhancing overall operational efficiency. This strategic advantage places Anson in an excellent position to meet the burgeoning demand for lithium as the electric vehicle market continues to surge and clean energy solutions gain traction.