Anson Resources (ASX:ASN) has begun site works in preparation for the start of JORC mineral resource drilling at its Green River Project in Utah, US.
The $105.43 million market capitalisation company says required earth works on the drill pad site are underway with the drill ‘cellar’ excavated and installed.
The drill pad covers a small surface area of about 88.4m by 88.4m in size on flat, sparsely vegetated ground that requires minimal earthworks prior to drilling. As such, ‘significant’ time and cost benefits have been recorded.
All approvals are in place ahead of the drilling program, which will be conducted on Anson’s privately owned land at Green River.
The drill rig has been mobilised and is expected to arrive and begin drilling at the end of this week.
The imminent drilling program is the first phase of Anson’s JORC mineral resource definition plan.
As part of the program, the Bosydaba 1 well will be drilled to a total vertical depth of 10,800 feet adjacent to the planned Utah Sample Demonstration Plant (USDP) and Visitor Centre, which is already on site.
Drilling will target both the clastic zones and Mississippian Units that contain previously recorded supersaturated brines. Coring will be carried out on ‘major’ horizons of interest that will be used for laboratory testwork.
The resultant data, such as specific yield, will then be used to delineate a JORC mineral resource at Green River.
Executive Chairman and Chief Executive Officer (CEO) Bruce Richardson says: “The speed at which the drilling approvals were provided by the State of Utah is an indicator of the advantage of owning surface area and highlights the strategic importance of the purchase of the land at Green River. A total of 4 months was required, from application to final permitting, not only approval to drill but also for the rezoning of the land to allow drilling and mineral processing on this site.
As a brownfields site, biological, archeological and other surveys were also able to be completed in a very short period of time which demonstrates the skills and knowledge that the Anson team has developed over previous programs.”
Anson Resources is a junior mineral resources company with a portfolio of minerals projects in key demand-driven commodities.
The company’s core asset is its Paradox Lithium Project in Utah.
Write to Adam Drought at Mining.com.au
Images: Anson Resources