Anson Resources climbs on reaching target depth at Utah project

Anson Resources

23/05/2022 04:02

** Shares of mineral explorer Anson Resources  ASN.AX  rise
as much as 10.9% to A$0.128, set to mark their best day since
May 11, if gains hold
    ** Co says it has reached its target depth in an expansion
drilling program at its Paradox lithium project in Utah, U.S.
 urn:newsml:reuters.com:*:nASX5HvW9p
    ** Says it reached a total depth of 2334 metres at the Long
Canyon No. 2 well, meaning drilling into the Mississippian Units
can now begin
    ** Stock down 14.8% YTD, as of last close 

 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))