Anson Resources Limited (ASX: ASN) has completed a 3D geological model for its Paradox lithium project and Green River lithium project in the Paradox Basin, south-eastern Utah, USA.
The model covers the region hosting both the Paradox and Green River lithium projects and is currently being imported into a numerical hydrogeological flow model that will be used in the conversion of the JORC inferred resources into indicated category, and from there into JORC ore reserves.
The company has said that the completion of the model represents an important step in its JORC resources and JORC ore reserves development strategy. Converting the lithium JORC resources into JORC ore reserves is essential for obtaining project funding for the company’s lithium projects.
The next stage for Anson is to import the 3D geological model into third-party proprietary modelling software package, with advanced capabilities that supports a wide range of grid types, to create a numerical brine flow model for the project areas.
This will facilitate project planning, permitting, operations, and JORC ore reserves estimation. The 3D geological model of the project areas will aid in developing the structure of the groundwater to confirm flow rates, feeding into the front-end engineering and design (FEED) study currently being undertaken by Anson in conjunction with Worley and Anson’s technology providers.
To find out more, please visit www.ansonresources.com
