Australia's Anson Resources jumps on mineral resource upgrade in Utah project

Anson Resources

02/11/2022 04:46

** Shares of Anson Resources Limited  ASN.AX  rise as much
as 9.5% to A$0.345, its biggest intraday pct gain since Oct 25
    ** The Australian mineral explorer says major mineral
resource upgrade confirmed at Paradox Lithium Project in Utah,
USA
    ** Co adds upgraded mineral resource represents 24% increase
on previously reported Lithium Resource, including 31% increase
in Indicated Resource on previously reported Lithium Mineral 
Resource and 33% increase on the previously reported Bromine
Resource
    **Co further adds project hosts substantial further Mineral
Resource expansion potential
    ** Stock posts its highest since Oct. 26
    ** Stock gains for three consecutive sessions      
    ** Stock has risen 133.3% this year, as of last close
 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@Thomsonreuters.com))