Anson Resources Limited (OTCMKTS:ANSNF) Stock On Watchlist: Here is Why

Following a major new announcement from Anson Resources Limited (OTCMKTS:ANSNF) on Monday it is quite likely that the company’s stock may come into focus among investors and hence, it may be a good time to take a closer look.

Anson Delivers Successful DLE Test Results on Mississippian Brines at Paradox Lithium Project

The company announced yesterday that it had been successful in completing a Direct Lithium Extraction (DLE) test program on its Mississippi brine samples. The samples had been extracted by the company from the Cane Creek 32-1 and Long Canyon Unit 2 wells at the Paradox Lithium Project located in Utah. The test program that had been undertaken by the company had deployed the same DLE process that had been used by Anson’s DLE partner firm Sunresin.

The entire program had been undertaken by a Salt Lake City-based independent laboratory and had been completed through the deployment of a small DLE pilot plant. The DLE test proved to be a resounding success for Anson Resources and the company announced yesterday that it had kicked off the next stage of the test work as well. The next stage of the test work is going to look into the ideal extraction method for the aforementioned Mississippi brines.

Related Posts

About The Author