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ANSON RESOURCES LIMITED — Interim / Quarterly Report 2023
Jul 30, 2023
64435_rns_2023-07-30_4b6cfaef-084d-498b-b528-32c400432d2d.pdf
Interim / Quarterly Report
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June 2023 Quarterly Activities Report
Paradox Lithium Project, Utah, USA
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Anson has expanded its flagship Paradox Lithium Project in Utah via the strategic addition of 586 claims that abut the north-western edge of the project area.
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Worley Group Inc. was appointed and has commenced the Front End Engineering and Design Study for the proposed lithium carbonate processing plant.
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Post the June quarter, Anson to purchase a lithium brine project from Legacy Lithium Corp. in the Paradox Basin. The proposed strategic acquisition will result in the Paradox Lithium Project becoming one contiguous mineralised block with an 8% increase in land area, to a total of 231.35 km[2] .
Green River Lithium Project, Utah, USA
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Letter of Intent signed for strategic acquisition of 140.39 acres (0.568 km[2] ) as the site for the Green River Lithium Project's proposed future mineral extraction and processing plant. The proposed agreement includes water rights, as well as the oil and gas and mineral rights underlying the new landholding.
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The site also provides easy access to the national rail network, interstate road system and gas and power infrastructure, plus access to the Green River.
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Anson is undertaking a Geotechnical Engineering Study, consisting of core drilling and shallow trenching plus geophysical surveys, as part of due diligence for the proposed acquisition.
Corporate
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41,482,012 ordinary shares were issued following conversion of listed options ASNOC and ASNOD. Total funds raised from the exercise of options was $1.7 million.
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Strong balance sheet with $38.6 million cash on hand at the end of the quarter.
Diversified minerals development company Anson Resources Limited (ASX: ASN) (Anson, the Company) is pleased to provide the following update on its activities for the period ended 30 June 2023.
Anson has a portfolio of minerals projects in demand-driven commodities, led by its core asset, the Paradox Lithium Project (Project) in Utah, USA. It is focused on developing the Project into a significant lithium producing operation.
Australian Registered Office Level 3, 10 Eagle Street BRISBANE QLD 4000 T: + 61 7 3132 7990 E: [email protected]
Anson Resources Ltd ABN: 46 136 636 005 ASX: ASN, ASNOD OTC: ANSNF
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www.ansonresources.com
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Paradox Lithium Project, Utah
During the quarter, Anson’s wholly owned Utah based subsidiary, A1 Lithium Inc., has staked an additional 586 placer claims immediately adjacent to the north-western extent of the Paradox Project area, as shown in Figure 1 below (ASX announcement, 10 May 2023).
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Figure 1: Plan showing the new claims pegged in relation to the State Parks to the south.
The new claims abut the Petro, Cloud III and MP claims. The presence of lithium-rich supersaturated brines has been confirmed in the area. The expanded Project area is planned to be included in Anson’s Western Strategy Mineral Resource drilling program. It is anticipated that the new claims may increase the existing Indicated and Inferred Mineral Resource estimates at Paradox upon the successful re-entering of historical wells and the positive assaying and flow testing of brines.
Acquisition of Green Energy Lithium Project
Post the end of the quarter, Anson announced that it has entered into an agreement to purchase the strategically located Green Energy Lithium Project, from Legacy Lithium Corp (Legacy) (ASX announcement, 18 July 2023). The acquisition increases the Paradox Lithium Project land holding by 8% to a total of 231.35 km[2] .
Australian Registered Office Level 3, 10 Eagle Street BRISBANE QLD 4000 T: + 61 7 3132 7990 E: [email protected]
Anson Resources Ltd ABN: 46 136 636 005 ASX: ASN, ASNOD OTC: ANSNF
2
www.ansonresources.com
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The Green Energy Lithium Project comprises 208 placer claims over a total area of 16.85km[2] and is strategically positioned immediately adjacent to the Paradox Lithium Project (Figure 2).
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Figure 2: Plan showing the location of Green Energy Lithium Project claims.
The increase in the Paradox project area is expected to result in an increase in the Exploration Target of 14%, see Table 1.
| Exploration Target |
Density | Brine (Mt) |
Li (ppm) |
Li2CO3 (‘000t)1 |
Br (ppm) |
Br (‘000t) |
|---|---|---|---|---|---|---|
| MIN | 1.27 | 310 | 108 | 1,294 | 2,000 | 4,811 |
| MAX | 1.27 | 350 | 200 | 3,096 | 3,000 | 8,734 |
Table 1: Exploration Target estimation for the combined Paradox Lithium Project and Legacy Lithium claims.
The Exploration Target figure is conceptual in nature as there has been insufficient exploration undertaken on the project to define a mineral resource for the Clastic Zones and Mississippian units. It is uncertain that future exploration will result in a mineral resource.
Australian Registered Office Level 3, 10 Eagle Street BRISBANE QLD 4000 T: + 61 7 3132 7990 E: [email protected]
Anson Resources Ltd ABN: 46 136 636 005 ASX: ASN, ASNOD OTC: ANSNF
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www.ansonresources.com
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The Green Energy Lithium Project has strong potential to deliver an increase in the existing JORC Mineral Resource estimate at Paradox without the need for further drilling. The Project area contains 18 historic oil and gas wells – and three of these wells have recorded lithium values: 173ppm in Clastic Zone 31, 134ppm in Clastic 19 and 81ppm in the Mississippi Units.
The data from the historic wells will contribute to a Mineral Resource upgrade at the consolidated Paradox Lithium Project and would be included in the development of a numerical Hydrogeological Flow Model for the Paradox Lithium Project.
Post the end of the quarter, Anson completed a 3D Geological model covering the region hosting both its Paradox and Green River Lithium Projects (ASX announcement, 19 July 2023).
The model (Figure 3) 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.
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Figure 3: Snapshot of the Paradox Lithium Project 3D Geological Model showing two salt domes (purple peaks) interpreted to have directed the brine flow towards the Project area.
The completion of the 3D Geological model represents an important step in Anson's 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 Paradox Basin lithium projects.
Australian Registered Office Level 3, 10 Eagle Street BRISBANE QLD 4000 T: + 61 7 3132 7990 E: [email protected]
Anson Resources Ltd ABN: 46 136 636 005 ASX: ASN, ASNOD OTC: ANSNF
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www.ansonresources.com
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Project Summary:
The Paradox Lithium Project consists of 2,434 placer claims, 87 that are subject to an earnin agreement[1] and the remainder are 100% owned by Anson[2] in Utah, USA. In addition, three state Potash and Mineral leases and two state industrial leases are included in the Project area[1] .
Green River Lithium Project
Anson has signed a letter of intent (LOI) to enter into a Purchase and Sale Agreement for the strategic acquisition of 0.568km[2] of privately owned, industrial use land at its Green River Lithium Project in the Paradox Basin, in south-eastern Utah, USA (ASX announcement, 23 May 2023).
Anson plans to utilise the new site as the location for the future lithium extraction and production facility for its proposed lithium producing operation at the Green River Project. The proposed agreement also includes water rights. These water rights will be added to those that have already been subleased from the Green River Companies LLC and confirmed by the Wayne County Water Conservancy Board.
The new site also provides access to the national rail network, interstate road system, as well as gas and power infrastructure, and access to the Green River. It is also situated in close proximity to the town of Green River, providing easy access to other supporting infrastructure and a potential workforce.
Bull Nickel-Copper-PGE Project
The Bull Project is located only 35km from Perth abutting Chalice Gold Mines Limited’s (Chalice) (ASX: CHN) tenements and is 20km south-west along strike of Chalice’s high-grade Julimar Ni- Cu-PGE discovery. Anson also pegged an additional tenement that abuts the Bull Project area to the south, ELA70/5619.
During the quarter negotiations continued with the 3 landowners in which exploration programs are planned. These negotiations are in the final stages of completion. Priority drill targets have been defined based on geophysical surveys and geological mapping. The stage 1 drilling program consists of 18 holes focusing on priority areas 1, 2 and 3, and will be drilled to a depth of 200m from west to east at a 60[0] angle to maximize potential intersection of the targeted anomalous ultramafic units, See Figure 4.
1 Anson commenced with a 10% interest in these 87 claims which increased to 50% from the work done, and may be subject to finalisation under the terms of the agreement to earn-into the ULI Project
2 65 claims owned by Anson may be subject to area of interest provisions of the agreement to earn-into the ULI Project.
Australian Registered Office Level 3, 10 Eagle Street BRISBANE QLD 4000 T: + 61 7 3132 7990
Anson Resources Ltd ABN: 46 136 636 005 ASX: ASN, ASNOD OTC: ANSNF
E: [email protected] 5
www.ansonresources.com
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Figure 4: Drone Mag RTP image at the Bull Project showing proposed drillhole locations.
The magnetic image interpretation in Figure 7 shows the distinct internal character of the magnetic anomaly at The Bull. Rather than a homogenous ovoid-shaped magnetic anomaly, the anomaly appears to be comprised of a series of magnetic high lenses and potential structural offsets.
Anson Resources Ltd ABN: 46 136 636 005 ASX: ASN, ASNOD OTC: ANSNF
Australian Registered Office Level 3, 10 Eagle Street BRISBANE QLD 4000 T: + 61 7 3132 7990 E: [email protected] 6
www.ansonresources.com
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Yellow Cat Vanadium / Uranium Project
The Yellow Cat project is located 30 km north of Moab, in the Thompson District, Grand County Utah. There are two separate areas: the Yellow Cat and the Yellow Cat West claims.
The Yellow Cat Project is considered prospective for the development of both uranium and vanadium due to the high historic grade mineralisation present on the claims. The project is located in a region that is increasingly sought-after by companies exploring for uranium.
High grade assay values of up to 87,600ppm uranium (U) (10.33% U3O8) and 143,500ppm vanadium (V) (25.61% V2O5) were reported. A summary of the results of the elemental values and the more common metal oxides are shown in Table 2.
Anson is sourcing quotes from contractors to carry out surveys required to get approvals for exploration drilling programs during the summer. Only a small diamond drill rig would be required minimising ground disturbance which will allow an exploration program consisting of approximately 25 drill holes to be approved. The aim of the exploration programs is to confirm existing drilling results and to extend the known mineralisation along strike and down dip, see Figure 5.
| Location ID | Northing | Easting | Sample ID | U3O8(%) | V2O5(%) | Comments |
|---|---|---|---|---|---|---|
| YC2 | 4,299,798 | 627,312 | YC20007 | 6.65 | 4.69 | Exposed mineralisation, UG workings |
| YC20008 | 10.33 | 2.46 | ||||
| YC20010 | 0.94 | 23.92 | ||||
| YC3 | 4,301,989 | 634,173 | YC20004 | 3.27 | 5.87 | Exposed mineralisation, UG workings |
| YC4 | 4,299,789 | 627,312 | YC20014 | 1.43 | 1.77 | Ore pad grab samples |
| YC8 | 4,300,420 | 627,803 | YC20022 | 1.07 | 10.16 | Exposed mineralisation, UG workings |
| YC10 | 4,302,105 | 634,215 | YC20006 | 0.86 | 14.57 | Exposed mineralisation, UG workings |
| YC11 | 4,302,017 | 633,665 | YC20012 | 0.05 | 25.61 | Exposed mineralisation, UG workings |
Table 2: Selected assay results for Uranium and Vanadium at Yellow Cat.
Notes:
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Underground sample location coordinates are based on location of the closest underground adit. Ore pad grad samples location coordinates are for the ore pad sampled.
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Conversion of uranium (U) to uranium oxide (U3O8) is by factor of 1.179. 3. Conversion of vanadium (V) to vanadium oxide (V2O5) is by a factor of 1.785.
Anson Resources Ltd ABN: 46 136 636 005 ASX: ASN, ASNOD OTC: ANSNF
Australian Registered Office Level 3, 10 Eagle Street BRISBANE QLD 4000 T: + 61 7 3132 7990 E: [email protected]
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www.ansonresources.com
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Figure 5: Plan showing the Yellow Cat claims and the interpreted mineralised trend to follow up.
The Ajana Project
The Ajana Project is located in Northampton, Western Australia, a proven and established mining province for zinc, lead and silver. The Project is adjacent to the North West Coastal Highway and 130km north of Geraldton. Historical exploration in the area has concentrated on the search for lead and zinc deposits. The prospective ground on the tenements E66/89 and E66/94 is dominated by the Northampton Metamorphic Complex.
The Ajana Project contains several historic copper, lead and silver producing mines that date back to 1850.
The Mary Springs tenement contains a JORC 2012 Mineral Resource estimate which is summarised in Table 3. The global Indicated and Inferred Resource estimate is 390,000 tonnes grading at 6.5% Pb. Zones of Pb-Zn-Cu-Ag rich mineralisation have been intersected in recent drilling but were not included in modelling the resource. Further drilling may enable the zinc, copper and silver bearing zones to be modelled as part of a future resource.
Australian Registered Office Level 3, 10 Eagle Street BRISBANE QLD 4000 T: + 61 7 3132 7990 E: [email protected]
Anson Resources Ltd ABN: 46 136 636 005 ASX: ASN, ASNOD OTC: ANSNF
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www.ansonresources.com
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| Category | Indicated | Inferred | Total | ||||||
|---|---|---|---|---|---|---|---|---|---|
| BCM | Tonnes | % Pb | BCM | Tonnes | % Pb | BCM | Tonnes | % Pb | |
| + 1% Pb | 80,000 | 240,000 | 6.6 | 50,000 | 150,000 | 6.2 | 130,000 | 390,000 | 6.5 |
Table 3: Mary Springs Mineral Resource Estimate, JORC 2012.
Anson plans to drill three prospects at Ajana in the next quarter. These prospects have POW’s already approved by the Department of Mines, Industry Regulation and Safety (DMIRS). Heritage surveys have been completed, which included archaeological and ethnographical work area clearance, at the proposed sites for the exploration programs to be carried out, see Figure 6. The survey was completed over the Surprise, Ethel Maud and Block 1 prospect areas.
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Figure 6: Plan showing the areas approved for exploration in the submitted POW’s and cleared in the heritage survey (green) and local prospect locations.
The proposed three exploration programs will consist of reverse circulation (RC) drilling under and along strike of existing pits and mine shafts in the areas approved for exploration in the POW’s.
Anson Resources Ltd ABN: 46 136 636 005 ASX: ASN, ASNOD OTC: ANSNF
Australian Registered Office Level 3, 10 Eagle Street BRISBANE QLD 4000 T: + 61 7 3132 7990 E: [email protected]
9
www.ansonresources.com
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Anson is planning a 1,990m reverse circulation drilling program at the Ajana Project and will appoint a drilling company to carry out the program in the next quarter. A local contractor will be used for the clearance work to prepare access and drill sites prior to the drilling programs commencing.
Most of the known prospects at Ajana have been identified along the north-east trending dolerite dykes and considered to be “in echelon” type (parallel formation) deposits, similar to the Mary Springs mine. However, historic small mining operations also identified a number of prospects which were located between these dykes that were crosscut by faults which may increase the grade of mineralisation as has occurred with the zinc at Ethel Maude, see Table 4.
| Target Area | Mine | Grades | Grades | Comments | ||
|---|---|---|---|---|---|---|
| Zn (%) | Pb (%) | Cu (%) | Ag (g/t) | |||
| Geraldine | Ethel Maude* | 43.0 | 11.3 | NA | 6.5 | Samples from shafts |
| Surprise | Surprise** | Not Assayed | 10.5 | Not Assayed |
Not Assayed |
Production figures |
Table 4: Table showing the target areas and grades of minerals previously sampled.
Hooley Well Cobalt-Nickel Laterite Project
The Hooley Well Nickel-Cobalt Laterite Project is located 800km north of Perth and 300km north- east of Geraldton in Western Australia consisting of three tenements E9/2218, E9/2219 and E9/2462. Tenements E9/2218 and E9/2219 contain historical shallow drilling which has intersected nickel and cobalt laterites. There are also possible primary nickel sulphides (identified by IP response) at depth.
During the quarter an Extension of Term was applied for E09/2219 and was approved by the Department of Mines, Industry Regulation and Safety (DMIRS).
Anson had previously flown a drone aeromagnetic survey over the E09/2218 and 2219 tenements on a line spacing of 50m and at a height of 25m. With the completion of the processing of the aeromagnetic data obtained from the drone surveys, further interpretation of the data has begun.
Interpretation at 1:20,000 is being completed over the surveyed area and interrogated at a closer scale of approximately 1:10,000. A comprehensive interpretation of the aeromagnetic data includes all the relevant geoscientific information, allowing for the mapping of lithologies and structure.
Australian Registered Office Level 3, 10 Eagle Street BRISBANE QLD 4000 T: + 61 7 3132 7990 E: [email protected]
Anson Resources Ltd ABN: 46 136 636 005 ASX: ASN, ASNOD OTC: ANSNF
10
www.ansonresources.com
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This work involves:
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Interpretation of:
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Domains of magnetic and radiometric anomalism,
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Delineation of magnetic and radiometric trends,
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Interpretation and classification of structures (lineaments, faults and folds), and
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Delineation and interpretation of lithology and stratigraphic relationships,
Once the processing of the aeromagnetic data is completed, processing of historical radiometric surveys will be carried out to target Rare Earth Element (REE) mineralisation due to a REE Resource being proved up east of the Hooley Well tenements.
REE mineralisation has also been recorded in drill holes that abut the western side of the Hooley Well tenements. The historical ternary imagery over Hooley Well is similar to that of Krakatoa’s mineral resource.
On completion of the aeromagnetic and radiometric interpretations, Anson plans to submit several POW applications to carry out both air-core (AC) and reverse circulation (RC) drilling programs across the high priority targets identified.
Corporate
Exercise of options raised $1,714,406
The Company received valid exercise of 41,482,012 listed ASNOC and ASNOD options, resulting the issue of 41,482,012 ordinary shares. The Company raised a total of $1,714,406 from the exercise of listed options.
Expenditure during the quarter:
The attached Appendix 5B details the expenditure during the quarter. Administration and corporate costs were $1.5 million. In accordance with Listing Rule 5.3.1, the Company reports that there was $3.2 million exploration and evaluation costs which were predominantly expended on the Paradox Project. Payments to related parties at section 6.1 of the Appendix 5B of $403 thousand relate to director fees, salaries, superannuation and consulting fees.
This report has been authorised for release by the Executive Chairman and CEO.
Australian Registered Office Level 3, 10 Eagle Street BRISBANE QLD 4000 T: + 61 7 3132 7990
Anson Resources Ltd ABN: 46 136 636 005 ASX: ASN, ASNOD OTC: ANSNF
11
www.ansonresources.com
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For further information please contact:
Bruce Richardson Executive Chairman and CEO
Media and Investor Relations James Moses, Mandate Corporate
E: [email protected] Ph: +61 478 491 355 www.ansonresources.com Follow us on Twitter @anson_ir
E: [email protected] Ph: +61 420 991 574
Forward Looking Statements: Statements regarding plans with respect to Anson’s mineral projects are forward looking statements. There can be no assurance that Anson’s plans for development of its projects will proceed as expected and there can be no assurance that Anson will be able to confirm the presence of mineral deposits, that mineralisation may prove to be economic or that a project will be developed.
Competent Person’s Statement 1: The information in this report that relates to exploration results; exploration target, Mineral Resources and geology is based on information compiled and/or reviewed by Mr Greg Knox, a member in good standing of the Australasian Institute of Mining and Metallurgy. Mr Knox is a geologist who has sufficient experience which is relevant to the style of mineralisation under consideration and to the activity being undertaken to qualify as a “Competent Person”, as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves and consents to the inclusion in this report of the matters based on information in the form and context in which they appear. Mr Knox has reviewed and validated the metallurgical data and consents to the inclusion in this Announcement of this information in the form and context in which it appears. Mr Knox is a director of Anson Resources Limited and a consultant to Anson.
Competent Person’s Statement 2: The information contained in this ASX release relating to Exploration Results and Mineral Resource Estimates has been prepared by Mr Richard Maddocks, MSc in Mineral Economics, BSc in Geology and Grad Dip in Applied Finance. Mr Maddocks is a Fellow of the Australasian Institute of Mining and Metallurgy (111714) with over 30 years of experience. Mr Maddocks has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a competent person as defined in the 2012 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.
Mr Maddocks is an independent consultant to Anson Resources Ltd. Mr Maddocks consents to the inclusion in this announcement of this information in the form and context in which it appears. The information in this announcement is an accurate representation of the available data from exploration at the Paradox Lithium Project.
Australian Registered Office Level 3, 10 Eagle Street BRISBANE QLD 4000 T: + 61 7 3132 7990 E: [email protected]
Anson Resources Ltd ABN: 46 136 636 005 ASX: ASN, ASNOD OTC: ANSNF
12
www.ansonresources.com
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Competent Persons Statement 3: The information in this announcement that relates to the Exploration Results on the Yellow Cat project is based on information compiled and fairly represented by Matthew Hartmann. Mr. Hartmann is a Principal Consultant with SRK Consulting (U.S) Inc. with over 20 years of experience in mineral exploration and project evaluation. Mr. Hartmann is a Member of the Australasian Institute of Mining and Metallurgy (318271) and a Registered Member of the Society of Mining, Metallurgy and Exploration (4170350RM). Mr Hartmann has sufficient experience relevant to the style of mineralisation and type of deposit under consideration, and to the activity which has been undertaken in 2019 and 2020, to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of exploration results, Mineral Resources and Ore Reserves. Mr Hartmann provides his consent to the inclusion in this report of the matter based on this information in the form and context in which it appears.
Information is extracted from reports entitled ‘Anson Obtains a Lithium Grade of 235ppm at Long Canyon No 2’ created on 1 April 2019, ‘Anson Estimates Exploration Target For Additional Zones’ created on 12 June 2019, ‘Anson Estimates Maiden JORC Mineral Resource’ created on 17 June 2019, ‘Anson Re- enters Skyline Well to Increase Br-Li Resource’ created on 19 September 2019, ‘Anson Confirms Li, Br for Additional Clastic Zones’ created on 23 October 2019 and all are available to view on the ASX website under the ticker code ASN. Anson confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. Anson confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement.
Anson Resources Ltd ABN: 46 136 636 005 ASX: ASN, ASNOD OTC: ANSNF
Australian Registered Office Level 3, 10 Eagle Street BRISBANE QLD 4000 T: + 61 7 3132 7990 E: [email protected]
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www.ansonresources.com
APPENDIX A: INTERESTS IN MINING TENEMENTS AS AT 30 JUNE 2023
| Project | Lease | Commodity | Holder | Locality | Status |
|---|---|---|---|---|---|
| Ajana | E66/89 | Graphite and base metals |
Rhodes Resources PtyLtd |
Western Australia |
Granted |
| E66/94 | Graphite and base metals |
Anson Resources Limited |
Western Australia |
Granted | |
| Hooley Well | E9/2218 | Cobalt, nickel | Western Cobalt Pty Ltd |
Western Australia |
Granted |
| E9/2219 | Cobalt, nickel | Anson Resources Limited |
Western Australia |
Granted | |
| E9/2462 | Cobalt, nickel | Anson Resources Limited |
Western Australia |
Granted | |
| The Bull | E70/5420 | Ni-Cu-PGE | State Exploration Pty Ltd |
Western Australia |
Granted |
| ELA70/5619 | Ni-Cu-PGE | Anson Resources Limited |
Western Australia |
Under Application |
|
| Paradox Brine |
87 Placer Claims |
Lithium | (i) | Utah, USA | (i) |
| Paradox Brine |
155 Placer Claims |
Lithium | A1 Lithium Inc |
Utah, USA | (ii) |
| Paradox Brine |
71 Placer Claims |
Lithium | A1 Lithium Inc |
Utah, USA | (iii) |
| Paradox Brine |
191 Placer Claims |
Lithium | A1 Lithium Inc |
Utah, USA | (iv) |
| Paradox Brine |
66 Placer Claims |
Lithium | A1 Lithium Inc |
Utah, USA | (v) |
| Paradox Brine |
178 Placer Claims |
Lithium | A1 Lithium Inc |
Utah, USA | (vi) |
| Paradox Brine |
334 Placer Claims |
Lithium | A1 Lithium Inc |
Utah, USA | (vii) |
| Paradox Brine |
228 Placer Claims |
Lithium | A1 Lithium Inc |
Utah, USA | (viii) |
| Paradox Brine |
536 Placer Claims |
Lithium | A1 Lithium Inc |
Utah, USA | (ix) |
| Paradox Brine |
586 Placer Claims |
Lithium | A1 Lithium Inc |
Utah, USA | (x) |
| Paradox Brine |
3 Potash & Mineral Lease |
Lithium | A1 Lithium Inc |
Utah, USA | (xi) |
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| Paradox Brine |
2 Industrial Permit |
Lithium | A1 Lithium Inc |
Utah, USA | (xii) |
|---|---|---|---|---|---|
| Yellow Cat Project |
151 Lode Claims |
Vanadium and Uranium |
Blackstone Resources Inc |
Utah, USA | (xiii) |
| Green River Lithium |
548 Placer Claims |
Lithium | Blackstone Minerals NV LLC |
Utah, USA | (xiv) |
| Green River Lithium |
307 Placer Claims |
Lithium | Blackstone Minerals NV LLC |
Utah, USA | (xv) |
| Green River Lithium |
396 Placer Claims |
Lithium | Blackstone Minerals NV LLC |
Utah, USA | (xvi) |
- (i) Anson currently holds a 50% interest in 87 Placer Claims in Utah, USA (the ULI Project).
At the date of this Report, the holder of the remaining 50% interest had not completed the formalities to transfer the claims to the joint venture company (Paradox Lithium LLC) established for this purpose. Further, achievement of the milestones which increased Anson’s interest to 50% may be subject to finalisation under the terms of the agreement to earn-into the ULI Project
These claims are referred to as ULI-13, ULI-14, ULI-14S, ULI-15, ULI15S, ULI16, ULI16S, ULI-30, ULI- 31, ULI-32, ULI-33, ULI-34, ULI-35, ULI-36, ULI-37, ULI-38, ULI-39, ULI-40, ULI-41, ULI-42, ULI-43, ULI-54, ULI-55, ULI-56, ULI-57, ULI-58, ULI-59, ULI-60, ULI-60-E, ULI-61-E, ULI-62-E, ULI-63, ULI-64, ULI-64 N, ULI-65, ULI-65 W, ULI-66, ULI-67, ULI-68, ULI-69, ULI-70, ULI-71, ULI-77, ULI-78, ULI-79, ULI-80, ULI-81, ULI-81 W, ULI-82, ULI-83, ULI-84, ULI-85, ULI-86, ULI-87, ULI-88, ULI-89, ULI-90, ULI91, ULI-92, ULI-93, ULI-93 E, ULI-94, ULI-95, ULI-96, ULI-97, ULI-97 E, ULI-98, ULI-98 N, ULI-99, ULI100, ULI-101, ULI-102, ULI-102 N, ULI-103, ULI-104, ULI-105, ULI-105 N, ULI-106, ULI-107, ULI-107 N, ULI-108, ULI-109, ULI-110, ULI-111, ULI-112, ULI-113 and ULI-114.
- (ii) Anson currently holds a 100% interest in 155 Placer Claims in Utah, USA. Under the terms of an earn-in agreement for the ULI Project, these placer claims may be subject to area of interest provisions of the agreement to earn-into the ULI Project.
These claims are referred to as ULI201, ULI202, ULI203, ULI204, ULI205, ULI206, ULI207, ULI208, ULI209, ULI210, ULI211, ULI212, ULI213, ULI214, ULI215, ULI216, ULI217, ULI218, ULI219, ULI220, ULI225, ULI226, ULI227, ULI228, ULI229, ULI230, ULI231, ULI232, ULI233, ULI234, ULI235, ULI236, ULI237, ULI238, ULI239, ULI240, ULI241, ULI242, ULI243, ULI244, ULI245, ULI249, ULI250, ULI251, ULI252, ULI253, ULI254, ULI255, ULI256, ULI257, ULI258, ULI259, ULI260, ULI261, ULI262, ULI263, ULI264, ULI265, ULI266, ULI267, ULI268, ULI269, ULI273, ULI274, ULI275, ULI276, ULI277, ULI278, ULI279, ULI280, ULI281, ULI282, ULI283, ULI284, ULI285, ULI286, ULI287, ULI288, ULI289, ULI293, ULI294, ULI295, ULI296, ULI297, ULI298, ULI299, ULI300, ULI301, ULI302, ULI303, ULI304, ULI305, ULI306, ULI307, ULI311, ULI312, ULI313, ULI314, ULI315, ULI316, ULI317, ULI318, ULI319, ULI320, ULI321, ULI322, ULI323, ULI324, ULI325, ULI326, ULI330, ULI331, ULI332, ULI333, ULI334, ULI335, ULI336, ULI337, ULI338, ULI339, ULI340, ULI341, ULI342, ULI343, ULI344, ULI345, ULI350, ULI351, ULI352, ULI353, ULI354, ULI355, ULI356, ULI357, ULI358, ULI359, ULI360, ULI361, ULI362, ULI369, ULI370, ULI371, ULI372, ULI373, ULI374, ULI375, ULI376, ULI379, ULI380, ULI381, ULI382, ULI383, ULI384, ULI385, ULI386,
15
- (iii) Anson currently holds a 100% interest in 71 Placer Claims in Utah, USA. Under the terms of an earn-in agreement for the ULI Project, these placer claims may be subject to area of interest provisions of the agreement to earn-into the ULI Project.
These claims are referred to as ULI501, ULI525, ULI549, ULI573 ULI597, ULI621, ULI645, ULI646, ULI647, ULI648, ULI653, ULI654, ULI655, ULI656, ULI661, ULI662, ULI663, ULI664, ULI665, ULI666, ULI667, ULI668, ULI669, ULI670, ULI671, ULI672, ULI673, ULI674, ULI675, ULI676, ULI677, ULI678, ULI679, ULI680, ULI681, ULI682, ULI683, ULI688, ULI689, ULI690, ULI691, ULI696, ULI697, ULI698, ULI699, ULI700, ULI701, ULI702, ULI703, ULI704, ULI705, ULI706, ULI707, ULI708, ULI709, ULI710, ULI711, ULI712, ULI713, ULI714, ULI715, ULI716, ULI717, ULI718, ULI719, ULI720, ULI721, ULI722, ULI723, ULI724, and ULI725.
- (iv) Anson currently holds a 100% interest in 193 Placer Claims in Utah, USA.
These claims are referred to as, ,ULI649, ULI650, ULI651, ULI652, ULI 652W, ULI657, ULI658, ULI659, ULI660, ULI660W, ULI726, ULI727, ULI728, ULI729, ULI730, ULI731, ULI732, ULI733, ULI734, ULI735, ULI736, ULI737, ULI738, ULI739, ULI740, ULI741, ULI742, ULI743, ULI744, ULI745, ULI746, ULI747, ULI748, ULI749, ULI750, ULI751, ULI752, ULI753, ULI754, ULI755, ULI756, ULI757, ULI758, ULI759, ULI760, ULI761, ULI762, ULI763, ULI764, ULI765, ULI766, ULI767, ULI768, ULI769, ULI770, ULI771, ULI772, ULI773, ULI774, ULI775, ULI776, ULI777, ULI778, ULI779, ULI780, ULI781, ULI782, ULI783, ULI784, ULI785, ULI786, ULI787, ULI788, ULI789, ULI790, ULI791, ULI792, ULI793, ULI794, ULI795, ULI844, ULI845, ULI846, ULI847, ULI848, ULI849, ULI850, ULI851, ULI852, ULI853, ULI854, ULI855, ULI856, ULI857, ULI858, ULI859, ULI860, ULI861, ULI862, ULI863, ULI864, ULI865, ULI866, ULI867, ULI868, ULI869, ULI870, ULI871, ULI872, ULI873, ULI874, ULI875, ULI876, ULI877, ULI878, ULI879, ULI880, ULI881, ULI882, ULI883, ULI884, ULI885, ULI886, ULI887, ULI888, ULI889, ULI890, ULI891, ULI892, ULI893, ULI894, ULI895, ULI896, ULI897, ULI898, ULI899, ULI900, ULI901, ULI902, ULI903, ULI904, ULI905, ULI906, ULI907, ULI908, ULI909, ULI910, ULI911, ULI912, ULI913, ULI914, ULI915, ULI916, ULI917, ULI918, ULI919, ULI920, ULI921, ULI922, ULI923, ULI924, ULI925, ULI926, ULI927, ULI928, ULI929, ULI930, ULI931, ULI932, ULI933, ULI934, ULI935, ULI936, ULI937, ULI938, ULI939, ULI940, ULI941, ULI942, ULI943, ULI944, ULI945, ULI946, ULI947, ULI948, ULI949, ULI950, ULI951, ULI952, ULI953 and ULI954.
- (v) Anson currently holds a 100% interest in 66 Placer Claims in Utah, USA.
These claims are referred to as CLOUD001, CLOUD002, CLOUD003, CLOUD004, CLOUD005, CLOUD006, CLOUD007, CLOUD008, CLOUD009, CLOUD010, CLOUD011, CLOUD012, CLOUD013, CLOUD014, CLOUD015, CLOUD016, CLOUD017, CLOUD018, CLOUD019, CLOUD020, CLOUD021, CLOUD022, CLOUD023, CLOUD024, CLOUD025, CLOUD026, CLOUD027, CLOUD028, CLOUD029, CLOUD030, CLOUD031, CLOUD032, CLOUD033, CLOUD034, CLOUD035, CLOUD036, CLOUD037, CLOUD038, CLOUD039, CLOUD040, CLOUD041, CLOUD042, CLOUD043, CLOUD044, CLOUD045, CLOUD046, CLOUD047, CLOUD048, CLOUD049, CLOUD050, CLOUD051, CLOUD052, CLOUD053, CLOUD054, CLOUD055, CLOUD056, CLOUD057, CLOUD058, CLOUD059, CLOUD060, CLOUD061, CLOUD062, CLOUD063, CLOUD064, CLOUD065 and CLOUD066
- (vi) Anson currently holds a 100% interest in 178 Placer Claims in Utah, USA.
These claims are referred to as CANE001, CANE002, CANE003, CANE004, CANE005, CANE006,
16
CANE007, CANE008, CANE009, CANE010, CANE011, CANE012, CANE013, CANE014, CANE015, CANE016, CANE017, CANE018, CANE019, CANE020, CANE021, CANE022, CANE023, CANE024, CANE025, CANE026, CANE027, CANE028, CANE029, CANE030, CANE031, CANE032, CANE033, CANE034, CANE035, CANE036, CANE037, CANE038, CANE039, CANE040, CANE041, CANE042, CANE043, CANE044, CANE045, CANE046, CANE047, CANE048, CANE049, CANE050, CANE051, CANE052, CANE053, CANE054, CANE055, CANE056, CANE057, CANE058, CANE059, CANE060, CANE061, CANE062, CANE063, CANE064, CANE065, CANE066, CANE067, CANE068, CANE069, CANE070, CANE071, CANE072, CANE073, CANE074, CANE075, CANE076, CANE077, CANE078, CANE079, CANE080, CANE081, CANE082, CANE083, CANE084, CANE085, CANE086, CANE087, CANE088, CANE089, CANE090, CANE091, CANE092, CANE093, CANE094, CANE095, CANE096, CANE097, CANE098, CANE099, CANE100, CANE101, CANE102, CANE103, CANE104, CANE105, CANE106, CANE107, CANE108, CANE109, CANE110, CANE111, CANE112, CANE113, CANE114, CANE115, CANE116, CANE117, CANE118, CANE119, CANE120, CANE121, CANE122, CANE123, CANE124, CANE125, CANE126, CANE127, CANE128, CANE129, CANE130, CANE131, CANE132, CANE133, CANE134, CANE135, CANE136, CANE137, CANE138, CANE139, CANE140, CANE141, CANE142, CANE143, CANE144, CANE145, CANE146, CANE147, CANE148, CANE149, CANE150, CANE151, CANE152, CANE153, CANE154, CANE155, CANE156, CANE157, CANE158, CANE159, CANE160, CANE161, CANE162, CANE163, CANE164, CANE165, CANE166, CANE167, CANE168, CANE169, CANE170, CANE171, CANE172, CANE173, CANE314, CANE175, CANE176, CANE177, and CANE178.
(vii) Anson currently holds a 100% interest in 334 Placer Claims in Utah, USA. Under the terms of the earn- in agreement referred to in point (i) above for the ULI Project, 88 of these placer claims may be subject to area of interest provisions of the agreement to earn-into the ULI Project. These claims are referred to as CLOUDIII001, CLOUDIII002, CLOUDIII003, CLOUDIII004, CLOUDIII005, CLOUDIII006, CLOUDIII007, CLOUDIII008, CLOUDIII009, CLOUDIII010, CLOUDIII011, CLOUDIII012, CLOUDIII013, CLOUDIII014, CLOUDIII015, CLOUDIII016, CLOUDIII017, CLOUDIII018, CLOUDIII019, CLOUDIII020, CLOUDIII021, CLOUDIII022, CLOUDIII023, CLOUDIII024, CLOUDIII025, CLOUDIII026, CLOUDIII027, CLOUDIII028, CLOUDIII029, CLOUDIII030, CLOUDIII031, CLOUDIII032, CLOUDIII033, CLOUDIII034, CLOUDIII035, CLOUDIII036, CLOUDIII037, CLOUDIII038, CLOUDIII039, CLOUDIII040, CLOUDIII041, CLOUDIII042, CLOUDIII043, CLOUDIII044, CLOUDIII045, CLOUDIII046, CLOUDIII047, CLOUDIII048, CLOUDIII049, CLOUDIII050, CLOUDIII051, CLOUDIII052, CLOUDIII053, CLOUDIII054, CLOUDIII055, CLOUDIII056, CLOUDIII057, CLOUDIII058, CLOUDIII059, CLOUDIII060, CLOUDIII061, CLOUDIII062, CLOUDIII063, CLOUDIII064, CLOUDIII065, CLOUDIII066, CLOUDIII067, CLOUDIII068, CLOUDIII069, CLOUDIII070, CLOUDIII071, CLOUDIII072, CLOUDIII073, CLOUDIII074, CLOUDIII075, CLOUDIII076, CLOUDIII077, CLOUDIII078, CLOUDIII079, CLOUDIII080, CLOUDIII081, CLOUDIII082, CLOUDIII083, CLOUDIII084, CLOUDIII085, CLOUDIII086, CLOUDIII087, CLOUDIII088, CLOUDIII089, CLOUDIII090, CLOUDIII091, CLOUDIII092, CLOUDIII093, CLOUDIII094, CLOUDIII095, CLOUDIII096, CLOUDIII097, CLOUDIII098, CLOUDIII099, CLOUDIII100, CLOUDIII101, CLOUDIII102, CLOUDIII103, CLOUDIII104, CLOUDIII105, CLOUDIII106, CLOUDIII107, CLOUDIII108, CLOUDIII109, CLOUDIII110, CLOUDIII111, CLOUDIII112, CLOUDIII113, CLOUDIII114, CLOUDIII115, CLOUDIII116, CLOUDIII117, CLOUDIII118, CLOUDIII119, CLOUDIII120, CLOUDIII121, CLOUDIII122, CLOUDIII123, CLOUDIII124, CLOUDIII125, CLOUDIII126, CLOUDIII127, CLOUDIII128, CLOUDIII129, CLOUDIII130, CLOUDIII131, CLOUDIII132, CLOUDIII133, CLOUDIII134, CLOUDIII135, CLOUDIII136, CLOUDIII137, CLOUDIII138, CLOUDIII139, CLOUDIII140, CLOUDIII141, CLOUDIII142, CLOUDIII143, CLOUDIII144, CLOUDIII145, CLOUDIII146, CLOUDIII147, CLOUDIII148, CLOUDIII149, CLOUDIII150, CLOUDIII151, CLOUDIII152, CLOUDIII153, CLOUDIII154, CLOUDIII155, CLOUDIII156, CLOUDIII157, CLOUDIII158, CLOUDIII159, CLOUDIII160, CLOUDIII161, CLOUDIII162, CLOUDIII163, CLOUDIII164, CLOUDIII165, CLOUDIII166, CLOUDIII167, CLOUDIII168, CLOUDIII169, CLOUDIII170, CLOUDIII171, CLOUDIII172, CLOUDIII173, CLOUDIII174, CLOUDIII175, CLOUDIII176, CLOUDIII177, CLOUDIII178, CLOUDIII179, CLOUDIII180, CLOUDIII181, CLOUDIII182, CLOUDIII183, CLOUDIII184, CLOUDIII185, CLOUDIII186, CLOUDIII187, CLOUDIII188, CLOUDIII189, CLOUDIII190, CLOUDIII191, CLOUDIII192, CLOUDIII193, CLOUDIII194, CLOUDIII195, CLOUDIII196, CLOUDIII197, CLOUDIII198, CLOUDIII199, CLOUDIII200, CLOUDIII201, CLOUDIII202, CLOUDIII203, CLOUDIII204, CLOUDIII205, CLOUDIII206, CLOUDIII207, CLOUDIII208, CLOUDIII209, CLOUDIII210, CLOUDIII211, CLOUDIII212, CLOUDIII213, CLOUDIII214, CLOUDIII215, CLOUDIII216, CLOUDIII217, CLOUDIII218, CLOUDIII219, CLOUDIII220, CLOUDIII221,
17
CLOUDIII222, CLOUDIII223, CLOUDIII224, CLOUDIII225, CLOUDIII226, CLOUDIII227, CLOUDIII228, CLOUDIII229, CLOUDIII230, CLOUDIII231, CLOUDIII232, CLOUDIII233, CLOUDIII234, CLOUDIII235, CLOUDIII236, CLOUDIII237, CLOUDIII238, CLOUDIII239, CLOUDIII240, CLOUDIII241, CLOUDIII242, CLOUDIII243, CLOUDIII244, CLOUDIII245, CLOUDIII246, CLOUDIII247, CLOUDIII248, CLOUDIII249, CLOUDIII250, CLOUDIII251, CLOUDIII252, CLOUDIII253, CLOUDIII254, CLOUDIII255, CLOUDIII256, CLOUDIII257, CLOUDIII258, CLOUDIII259, CLOUDIII260, CLOUDIII261, CLOUDIII262, CLOUDIII263, CLOUDIII264, CLOUDIII265, CLOUDIII266, CLOUDIII267, CLOUDIII268, CLOUDIII269, CLOUDIII270, CLOUDIII271, CLOUDIII272, CLOUDIII273, CLOUDIII274, CLOUDIII275, CLOUDIII276, CLOUDIII277, CLOUDIII278, CLOUDIII279, CLOUDIII280, CLOUDIII281, CLOUDIII282, CLOUDIII283, CLOUDIII284, CLOUDIII285, CLOUDIII286, CLOUDIII287, CLOUDIII288, CLOUDIII289, CLOUDIII290, CLOUDIII291, CLOUDIII292, CLOUDIII293, CLOUDIII294, CLOUDIII295, CLOUDIII296, CLOUDIII297, CLOUDIII298, CLOUDIII299, CLOUDIII300, CLOUDIII301, CLOUDIII302, CLOUDIII303, CLOUDIII304, CLOUDIII305, CLOUDIII306, CLOUDIII307, CLOUDIII308, CLOUDIII309, CLOUDIII310, CLOUDIII311, CLOUDIII312, CLOUDIII313, CLOUDIII314, CLOUDIII315, CLOUDIII316, CLOUDIII317, CLOUDIII318, CLOUDIII319, CLOUDIII320, CLOUDIII321, CLOUDIII322, CLOUDIII323, CLOUDIII324, CLOUDIII325, CLOUDIII326, CLOUDIII327, CLOUDIII328, CLOUDIII329, CLOUDIII330, CLOUDIII331, CLOUDIII332, CLOUDIII333 and CLOUDIII334.
(viii) Anson currently holds a 100% interest in 228 Placer Claims in Utah, USA.
These claims are referred to ULI2 001, ULI2 002, ULI2 003, ULI2 004, ULI2 005, ULI2 006, ULI2 007, ULI2 008, ULI2 009, ULI2 010, ULI2 011, ULI2 012, ULI2 013, ULI2 014, ULI2 015, ULI2 016, ULI2 017, ULI2 018, ULI2 019, ULI2 020, ULI2 021, ULI2 022, ULI2 023, ULI2 024, ULI2 025, ULI2 026, ULI2 027, ULI2 028, ULI2 029, ULI2 030, ULI2 031, ULI2 032, ULI2 033, ULI2 034, ULI2 035, ULI2 036, ULI2 037, ULI2 038, ULI2 039, ULI2 040, ULI2 041, ULI2 042, ULI2 043, ULI2 044, ULI2 045, ULI2 046, ULI2 047, ULI2 048, ULI2 049, ULI2 050, ULI2 051, ULI2 052, ULI2 053, ULI2 054, ULI2 055, ULI2 056, ULI2 057, ULI2 058, ULI2 059, ULI2 060, ULI2 061, ULI2 062, ULI2 063, ULI2 064, ULI2 065, ULI2 066, ULI2 067, ULI2 068, ULI2 069, ULI2 070, ULI2 071, ULI2 072, ULI2 073, ULI2 074, ULI2 075, ULI2 076, ULI2 077, ULI2 078, ULI2 079, ULI2 080, ULI2 081, ULI2 082, ULI2 083, ULI2 084, ULI2 085, ULI2 086, ULI2 087, ULI2 088, ULI2 089, ULI2 090, ULI2 091, ULI2 092, ULI2 093, ULI2 094, ULI2 095, ULI2 096, ULI2 097, ULI2 098, ULI2 099, ULI2 100, ULI2 101, ULI2 102, ULI2 103, ULI2 104, ULI2 105, ULI2 106, ULI2 107, ULI2 108, ULI2 109, ULI2 110, ULI2 111, ULI2 112, ULI2 113, ULI2 114, ULI2 115, ULI2 116, ULI2 117, ULI2 118, ULI2 119, ULI2 120, ULI2 121, ULI2 122, ULI2 123, ULI2 124, ULI2 125, ULI2 126, ULI2 127, ULI2 128, ULI2 129, ULI2 130, ULI2 131, ULI2 132, ULI2 133, ULI2 134, ULI2 135, ULI2 136, ULI2 137, ULI2 138, ULI2 139, ULI2 140, ULI2 141, ULI2 142, ULI2 143, ULI2 144, ULI2 145, ULI2 146, ULI2 147, ULI2 148, ULI2 149, ULI2 150, ULI2 151, ULI2 152, ULI2 153, ULI2 154, ULI2 155, ULI2 156, ULI2 157, ULI2 158, ULI2 159, ULI2 160, ULI2 161, ULI2 162, ULI2 163, ULI2 164, ULI2 165, ULI2 166, ULI2 167, ULI2 168, ULI2 169, ULI2 170, ULI2 171, ULI2 172, ULI2 173, ULI2 174, ULI2 175, ULI2 176, ULI2 177, ULI2 178, ULI2 179, ULI2 180, ULI2 181, ULI2 182, ULI2 183, ULI2 184, ULI2 185, ULI2 186, ULI2 187, ULI2 188, ULI2 189, ULI2 190, ULI2 191, ULI2 192, ULI2 193, ULI2 194, ULI2 195, ULI2 196, ULI2 197, ULI2 198, ULI2 199, ULI2 200, ULI2 201, ULI2 202, ULI2 203, ULI2 204, ULI2 205, ULI2 206, ULI2 207, ULI2 208, ULI2 209, ULI2 210, ULI2 211, ULI2 212, ULI2 213, ULI2 214, ULI2 215, ULI2 216, ULI2 217, ULI2 218, ULI2 219, ULI2 220, ULI2 221, ULI2 222, ULI2 223, ULI2 224, ULI2 225, ULI2 226, ULI2 227 and ULI2 228.
(ix) Anson currently holds a 100% interest in 536 Placer Claims in Utah, USA.
These claims are referred to as MP1, MP2, MP3, MP4, MP5, MP6, MP7, MP8, MP9, MP10, MP11, MP12, MP13, MP14, MP15, MP16, MP17, MP18, MP19, MP20, MP21, MP22, MP23, MP24, MP25, MP26, MP27, MP28, MP29, MP30, MP31, MP32, MP33, MP34, MP35, MP36, MP37, MP38, MP39, MP40, MP41, MP42, MP43, MP44, MP45, MP46, MP47, MP48, MP49, MP50, MP51, MP52, MP53, MP54, MP55, MP56, MP57, MP58, MP59, MP60, MP61, MP62, MP63, MP64, MP65, MP66, MP67, MP68, MP69, MP70, MP71, MP72, MP73, MP74, MP75, MP76, MP77, MP78, MP79, MP80, MP81, MP82, MP83, MP84, MP85, MP86, MP87, MP88, MP89, MP90, MP91, MP92, MP93, MP94, MP95, MP96, MP97, MP98, MP99, MP100, MP101, MP102, MP103, MP104, MP105, MP106, MP107, MP108, MP109, MP110, MP111, MP112, MP113, MP114, MP115, MP116, MP117, MP118, MP119, MP120, MP121, MP122, MP123, MP124, MP125, MP126, MP127, MP128, MP129, MP130, MP131, MP132,
18
MP133, MP134, MP135, MP136, MP137, MP138, MP139, MP140, MP141, MP142, MP143, MP144, MP145, MP146, MP147, MP148, MP149, MP150, MP151, MP152, MP153, MP154, MP155, MP156, MP157, MP158, MP159, MP160, MP161, MP162, MP163, MP164, MP165, MP166, MP167, MP168, MP169, MP170, MP171, MP172, MP173, MP174, MP175, MP176, MP177, MP178, MP179, MP180, MP181, MP182, MP183, MP184, MP185, MP186, MP187, MP188, MP189, MP190, MP191, MP192, MP193, MP194, MP195, MP196, MP197, MP198, MP199, MP200, MP201, MP202, MP203, MP204, MP205, MP206, MP207, MP208, MP209, MP210, MP211, MP212, MP213, MP214, MP215, MP216, MP217, MP218, MP219, MP220, MP221, MP222, MP223, MP224, MP225, MP226, MP227, MP228, MP229, MP230, MP231, MP232, MP233, MP234, MP235, MP236, MP237, MP238, MP239, MP240, MP241, MP242, MP243, MP244, MP245, MP246, MP247, MP248, MP249, MP250, MP251, MP252, MP253, MP254, MP255, MP256, MP257, MP258, MP259, MP260, MP261, MP262, MP263, MP264, MP265, MP266, MP267, MP268, MP269, MP270, MP271, MP272, MP273, MP274, MP275, MP276, MP277, MP278, MP279, MP280, MP281, MP282, MP283, MP284, MP285, MP286, MP287, MP288, MP289, MP290, MP291, MP292, MP293, MP294, MP295, MP296, MP297, MP298, MP299, MP300, MP301, MP302, MP303, MP304, MP305, MP306, MP307, MP308, MP309, MP310, MP311, MP312, MP313, MP314, MP315, MP316, MP317, MP318, MP319, MP320, MP321, MP322, MP323, MP324, MP325, MP326, MP327, MP328, MP329, MP330, MP331, MP332, MP333, MP334, MP335, MP336,MP337, MP338, MP339, MP340, MP341, MP342, MP343, MP344, MP345, MP346, MP347, MP348, MP349 MP350, MP351, MP352, MP353, MP354, MP355, MP356, MP357, MP358, MP359, MP360, MP361, MP362, MP363, MP364, MP365, MP366, MP367, MP368, MP369, MP370, MP371, MP372, MP373, MP374, MP375, MP376, MP377, MP378, MP379, MP380, MP381, MP382, MP383, MP384, MP385, MP386, MP387, MP388, MP389, MP390, MP391, MP392, MP393, MP394, MP395, MP396, MP397, MP398, MP399, MP400, MP401, MP402, MP403, MP404, MP405, MP406, MP407, MP408, MP409, MP410, MP411, MP412, MP413, MP414, MP415, MP416, MP417, MP418, MP419, MP420, MP421, MP422, MP423, MP424, MP425, MP426, MP427, MP428, MP429, MP430, MP431, MP432, MP433, MP434, MP435, MP436, MP437, MP438, MP439, MP440, MP441, MP442, MP443, MP444, MP445, MP446, MP447, MP448, MP449, MP450, MP451, MP452, MP453, MP454, MP455, MP456, MP457, MP458, MP459, MP460, MP461, MP462, MP463, MP464, MP465, MP466, MP467, MP468, MP469, MP470, MP471, MP472, MP473, MP474, MP475, MP476, MP477, MP478, MP479, MP480, MP481, MP482, MP483, MP484, MP485, MP486, MP487, MP488, MP489, MP490, MP491, MP492, MP493, MP494, MP495, MP496, MP497, MP498, MP499, MP500, MP501, MP502, MP503, MP504, MP505, MP506, MP507, MP508, MP509, MP510, MP511, MP512, MP513, MP514, MP515, MP516, MP517, MP518, MP519, MP520, MP521, MP522, MP523, MP524, MP525, MP526, MP527, MP528, MP529, MP530, MP531, MP532, MP533, MP534, MP535 and MP536.
- (x) Anson currently holds a 100% interest in 586 Placer Claims in Utah, USA.
These claims are referred to as SM1, SM2, SM3, SM4, SM5, SM6, SM7, SM8, SM9, SM10, SM11, SM12, SM13, SM14, SM15, SM16, SM17, SM18, SM19, SM20, SM21, SM22, SM23, SM24, SM25, SM26, SM27, SM28, SM29, SM30, SM31, SM32, SM33, SM34, SM35, SM36, SM37, SM38, SM39, SM40, SM41, SM42, SM43, SM44, SM45, SM46, SM47, SM48, SM49, SM50, SM51, SM52, SM53, SM54, SM55, SM56, SM57, SM58, SM59, SM60, SM61, SM62, SM63, SM64, SM65, SM66, SM67, SM68, SM69, SM70, SM71, SM72, SM73, SM74, SM75, SM76, SM77, SM78, SM79, SM80, SM81, SM82, SM83, SM84, SM85, SM86, SM87, SM88, SM89, SM90, SM91, SM92, SM93, SM94, SM95, SM96, SM97, SM98, SM99, SM100, SM101, SM102, SM103, SM104, SM105, SM106, SM107, SM108, SM109, SM110, SM111, SM112, SM113, SM114, SM115, SM116, SM117, SM118, SM119, SM120, SM121, SM122, SM123, SM124, SM125, SM126, SM127, SM128, SM129, SM130, SM131, SM132, SM133, SM134, SM135, SM136, SM137, SM138, SM139, SM140, SM141, SM142, SM143, SM144, SM145, SM146, SM147, SM148, SM149, SM150, SM151, SM152, SM153, SM154, SM155, SM156, SM157, SM158, SM159, SM160, SM161, SM162, SM163, SM164, SM165, SM166, SM167, SM168,
19
SM169, SM170, SM171, SM172, SM173, SM174, SM175, SM176, SM177, SM178, SM179, SM180, SM181, SM182, SM183, SM184, SM185, SM186, SM187, SM188, SM189, SM190, SM191, SM192, SM193, SM194, SM195, SM196, SM197, SM198, SM199, SM200, SM201, SM202, SM203, SM204, SM205, SM206, SM207, SM208, SM209, SM210, SM211, SM212, SM213, SM214, SM215, SM216, SM217, SM218, SM219, SM220, SM221, SM222, SM223, SM224, SM225, SM226, SM227, SM228, SM229, SM230, SM231, SM232, SM233, SM234, SM235, SM236, SM237, SM238, SM239, SM240, SM241, SM242, SM243, SM244, SM245, SM246, SM247, SM248, SM249, SM250, SM251, SM252, SM253, SM254, SM255, SM256, SM257, SM258, SM259, SM260, SM261, SM262, SM263, SM264, SM265, SM266, SM267, SM268, SM269, SM270, SM271, SM272, SM273, SM274, SM275, SM276, SM277, SM278, SM279, SM280, SM281, SM282, SM283, SM284, SM285, SM286, SM287, SM288, SM289, SM290, SM291, SM292, SM293, SM294, SM295, SM296, SM297, SM298, SM299, SM300, SM301, SM302, SM303, SM304, SM305, SM306, SM307, SM308, SM309, SM310, SM311, SM312, SM313, SM314, SM315, SM316, SM317, SM318, SM319, SM320, SM321, SM322, SM323, SM324, SM325, SM326, SM327, SM328, SM329, SM330, SM331, SM332, SM333, SM334, SM335, SM336,SM337, SM338, SM339, SM340, SM341, SM342, SM343, SM344, SM345, SM346, SM347, SM348, SM349 SM350, SM351, SM352, SM353, SM354, SM355, SM356, SM357, SM358, SM359, SM360, SM361, SM362, SM363, SM364, SM365, SM366, SM367, SM368, SM369, SM370, SM371, SM372, SM373, SM374, SM375, SM376, SM377, SM378, SM379, SM380, SM381, SM382, SM383, SM384, SM385, SM386, SM387, SM388, SM389, SM390, SM391, SM392, SM393, SM394, SM395, SM396, SM397, SM398, SM399, SM400, SM401, SM402, SM403, SM404, SM405, SM406, SM407, SM408, SM409, SM410, SM411, SM412, SM413, SM414, SM415, SM416, SM417, SM418, SM419, SM420, SM421, SM422, SM423, SM424, SM425, SM426, SM427, SM428, SM429, SM430, SM431, SM432, SM433, SM434, SM435, SM436, SM437, SM438, SM439, SM440, SM441, SM442, SM443, SM444, SM445, SM446, SM447, SM448, SM449, SM450, SM451, SM452, SM453, SM454, SM455, SM456, SM457, SM458, SM459, SM460, SM461, SM462, SM463, SM464, SM465, SM466, SM467, SM468, SM469, SM470, SM471, SM472, SM473, SM474, SM475, SM476, SM477, SM478, SM479, SM480, SM481, SM482, SM483, SM484, SM485, SM486, SM487, SM488, SM489, SM490, SM491, SM492, SM493, SM494, SM495, SM496, SM497, SM498, SM499, SM500, SM501, SM502, SM503, SM504, SM505, SM506, SM507, SM508, SM509, SM510, SM511, SM512, SM513, SM514, SM515, SM516, SM517, SM518, SM519, SM520, SM521, SM522, SM523, SM524, SM525, SM526, SM527, SM528, SM529, SM530, SM531, SM532, SM533, SM534, SM535, SM536 SM537, SM538, SM539, SM540, SM541, SM542, SM543, SM544, SM545, SM546, SM547, SM548, SM549, SM550, SM551, SM552, SM553, SM554, SM555, SM556, SM557, SM558, SM559, SM560, SM561, SM562, SM563, SM564, SM565, SM566, SM567, SM568, SM569, SM570, SM571, SM572, SM573, SM574, SM575, SM576, SM577, SM578, SM579, SM580, SM581, SM582, SM583, SM584, SM585 and SM586.
-
(xi) Anson currently holds a 100% interest in 3 SITLA Potash and Mineral Salts Lease in Utah, USA. These claims are referred to as ML-53853-OBA, ML-54099-OBA, and ML-54253-OBA.
-
(xii) Anson currently holds a 100% interest in 2 SITLA Industrial Permit in Utah, USA. These claims are referred to as SULA1872 and 1930.
(xiii) Anson currently holds a 100% interest in 151 lode claims.
These claims are referred to as YELLOWCAT002, YELLOWCAT011, YELLOWCAT012, YELLOWCAT013, YELLOWCAT014, YELLOWCAT015, YELLOWCAT017, YELLOWCAT018, YELLOWCAT019, YELLOWCAT020, YELLOWCAT021, YELLOWCAT022, YELLOWCAT023, YELLOWCAT024, YELLOWCAT025, YELLOWCAT039, YELLOWCAT041, YELLOWCAT042, YELLOWCAT043, YELLOWCAT044, YELLOWCAT045, YELLOWCAT046, YELLOWCAT047, YELLOWCAT048, YELLOWCAT049, YELLOWCAT050, YELLOWCAT051, YELLOWCAT052, YELLOWCAT053,
20
YELLOWCAT054, YELLOWCAT055, YELLOWCAT056, YELLOWCAT057, YELLOWCAT058, YELLOWCAT059, YELLOWCAT060, YELLOWCAT061, YELLOWCAT073, YELLOWCAT074, YELLOWCAT076, YELLOWCAT078, YELLOWCAT080, YELLOWCAT082, YELLOWCAT083, YELLOWCAT084, YELLOWCAT085, YELLOWCAT120, YELLOWCAT121, YELLOWCAT122, YELLOWCAT123, YELLOWCAT124, YELLOWCAT125, YELLOWCAT126, YELLOWCAT127, YELLOWCAT128, YELLOWCAT129, YELLOWCAT130, YELLOWCAT131, YELLOWCAT132, YELLOWCAT133, YELLOWCAT162, YELLOWCAT163, YELLOWCAT164, YELLOWCAT165, YELLOWCAT166, YELLOWCAT167, YELLOWCAT168, YELLOWCAT169, YELLOWCAT170, YELLOWCAT171, YELLOWCAT172, YELLOWCAT173, YELLOWCAT174, YELLOWCAT175, YELLOWCAT196, YELLOWCAT197, YELLOWCAT198, YELLOWCAT199, YELLOWCAT200, YELLOWCAT201, YELLOWCAT202, YELLOWCAT203, YELLOWCAT204, YELLOWCAT205, YELLOWCAT206, YELLOWCAT207, YELLOWCAT208, YELLOWCAT209, YELLOWCAT210, YELLOWCAT211, YELLOWCAT213, YELLOWCAT231, YELLOWCAT232, YELLOWCAT233, YELLOWCAT234, YELLOWCAT235, YELLOWCAT236, YELLOWCAT237, YELLOWCAT238, YELLOWCAT239, YELLOWCAT240, YELLOWCAT241, YELLOWCAT242, YELLOWCAT243, YELLOWCAT244, YELLOWCAT246, YELLOWCAT267, YELLOWCAT268, YELLOWCAT269, YELLOWCAT270, YELLOWCAT271, YELLOWCAT272, YELLOWCAT273, YELLOWCAT274, YELLOWCAT275, YELLOWCAT276, YELLOWCAT277, YELLOWCAT278, YELLOWCAT284, YELLOWCAT308, YELLOWCAT309, YELLOWCAT310, YELLOWCAT311, YELLOWCAT312, YELLOWCAT313, YELLOWCAT314, YELLOWCAT315, YELLOWCAT316, YELLOWCAT317 and JM#1 to JM#22.
(xiv) Anson currently holds a 100% interest in 536 Placer Claims in Utah, USA.
These claims are referred to as GR 1, GR 2, GR 3, GR 4, GR 5, GR 6, GR 7, GR 8, GR 9, GR 10, GR 11, GR 12, GR 13, GR 14, GR 15, GR 16, GR 17, GR 18, GR 19, GR 20, GR 21, GR 22, GR 23, GR 24, GR 25, GR 26, GR 27, GR 28, GR 29, GR 30, GR 31, GR 32, GR 33, GR 34, GR 35, GR 36, GR 37, GR 38, GR 39, GR 40, GR 41, GR 42, GR 43, GR 44, GR 45, GR 46, GR 47, GR 48, GR 49, GR 50, GR 51, GR 52, GR 53, GR 54, GR 55, GR 56, GR 57, GR 58, GR 59, GR 60, GR 61, GR 62, GR 63, GR 64, GR 65, GR 66, GR 67, GR 68, GR 69, GR 70, GR 71, GR 72, GR 73, GR 74, GR 75, GR 76, GR 77, GR 78, GR 79, GR 80, GR 81, GR 82, GR 83, GR 84, GR 85, GR 86, GR 87, GR 88, GR 89, GR 90, GR 91, GR 92, GR 93, GR 94, GR 95, GR 96, GR 97, GR 98, GR 99, GR 100, GR 101, GR 102, GR 103, GR 104, GR 105, GR 106, GR 107, GR 108, GR 109, GR 110, GR 111, GR 112, GR 113, GR 114, GR 115, GR 116, GR 117, GR 118, GR 119, GR 120, GR 121, GR 122, GR 123, GR 124, GR 125, GR 126, GR 127, GR 128, GR 129, GR 130, GR 131, GR 132, GR 133, GR 134, GR 135, GR 136, GR 137, GR 138, GR 139, GR 140, GR 141, GR 142, GR 143, GR 144, GR 145, GR 146, GR 147, GR 148, GR 149, GR 150, GR 151, GR 152, GR 153, GR 154, GR 155, GR 156, GR 157, GR 158, GR 159, GR 160, GR 161, GR 162, GR 163, GR 164, GR 165, GR 166, GR 167, GR 168, GR 169, GR 170, GR 171, GR 172, GR 173, GR 174, GR 175, GR 176, GR 177, GR 178, GR 179, GR 180, GR 181, GR 182, GR 183, GR 184, GR 185, GR 186, GR 187, GR 188, GR 189, GR 190, GR 191, GR 192, GR 193, GR 194, GR 195, GR 196, GR 197, GR 198, GR 199, GR 200, GR 201, GR 202, GR 203, GR 204, GR 205, GR 206, GR 207, GR 208, GR 209, GR 210, GR 211, GR 212, GR 213, GR 214, GR 215, GR 216, GR 217, GR 218, GR 219, GR 220, GR 221, GR 222, GR 223, GR 224, GR 225, GR 226, GR 227, GR 228, GR 229, GR 230, GR 231, GR 232, GR 233, GR 234, GR 235, GR 236, GR 237, GR 238, GR 239, GR 240, GR 241, GR 242, GR 243, GR 244, GR 245, GR 246, GR 247, GR 248, GR 249, GR 250, GR 251, GR 252, GR 253, GR 254, GR 255, GR 256, GR 257, GR 258, GR 259, GR 260, GR 261, GR 262, GR 263, GR 264, GR 265, GR 266, GR 267, GR 268, GR 269, GR 270, GR 271, GR 272, GR 273, GR 274, GR 275, GR 276, GR 277, GR 278, GR 279, GR 280, GR 281, GR 282, GR 283, GR 284, GR 285, GR 286, GR 287, GR 288, GR 289, GR 290, GR 291, GR 292, GR 293, GR 294, GR 295, GR 296, GR 297, GR 298, GR 299, GR 300, GR 301, GR 302, GR 303, GR 304, GR 305, GR 306, GR 307, GR 308, GR 309, GR 310, GR 311, GR 312, GR 313, GR 314, GR 315, GR 316, GR 317, GR 318, GR 319, GR 320, GR 321, GR 322, GR 323, GR 324, GR 325, GR 326, GR 327, GR 328, GR 329, GR 330, GR 331, GR 332, GR 333, GR 334, GR 335, GR 336, GR 337, GR 338, GR 339, GR 340, GR 341, GR 342, GR 343, GR 344, GR 345, GR 346, GR 347, GR 348, GR 349, GR 350, GR 351, GR 352, GR 353, GR 354, GR 355, GR 356, GR 357, GR 358, GR 359, GR 360, GR 361, GR 362, GR 363, GR 364, GR 365, GR 366, GR 367, GR 368, GR 369, GR 370, GR 371, GR 372, GR 373, GR 374, GR 375, GR 376, GR 377, GR 378, GR 379, GR 380, GR 381, GR 382, GR 383, GR 384, GR 385, GR 386, GR 387, GR 388, GR 389, GR 390, GR 391, GR 392, GR 393, GR 394, GR 395,
21
GR 396, GR 397, GR 398, GR 399, GR 400, GR 401, GR 402, GR 403, GR 404, GR 405, GR 406, GR 407, GR 408, GR 409, GR 410, GR 411, GR 412, GR 413, GR 414, GR 415, GR 416, GR 417, GR 418, GR 419, GR 420, GR 421, GR 422, GR 423, GR 424, GR 425, GR 426, GR 427, GR 428, GR 429, GR 430, GR 431, GR 432, GR 433, GR 434, GR 435, GR 436, GR 437, GR 438, GR 439, GR 440, GR 441, GR 442, GR 443, GR 444, GR 445, GR 446, GR 447, GR 448, GR 449, GR 450, GR 451, GR 452, GR 453, GR 454, GR 455, GR 456, GR 457, GR 458, GR 459, GR 460, GR 461, GR 462, GR 463, GR 464, GR 465, GR 466, GR 467, GR 468, GR 469, GR 470, GR 471, GR 472, GR 473, GR 474, GR 475, GR 476, GR 477, GR 478, GR 479, GR 480, GR 481, GR 482, GR 483, GR 484, GR 485, GR 486, GR 487, GR 488, GR 489, GR 490, GR 491, GR 492, GR 493, GR 494, GR 495, GR 496, GR 497, GR 498, GR 499, GR 500, GR 501, GR 502, GR 503, GR 504, GR 505, GR 506, GR 507, GR 508, GR 509, GR 510, GR 511, GR 512, GR 513, GR 514, GR 515, GR 516, GR 517, GR 518, GR 519, GR 520, GR 521, GR 522, GR 523, GR 524, GR 525, GR 526, GR 527, GR 528, GR 529, GR 530, GR 531, GR 532, GR 533, GR 534, GR 535, GR 536, GR 537, GR 538, GR 539, GR 540, GR 541, GR 542, GR 543, GR 544, GR 545, GR 546, GR 547 and GR 548.
(xv) Anson currently holds a 100% interest in 307 Placer Claims in Utah, USA.
These claims are referred to as GR 549, GR 550, GR 551, GR 552, GR 553, GR 554, GR 555, GR 556, GR 557, GR 558, GR 559, GR 560, GR 561, GR 562, GR 563, GR 564, GR 565, GR 566, GR 567, GR 568, GR 569, GR 570, GR 571, GR 572, GR 573, GR 574, GR 575, GR 576, GR 577, GR 578, GR 579, GR 580, GR 581, GR 582, GR 583, GR 584, GR 585, GR 586, GR 587, GR 588, GR 589, GR 590, GR 591, GR 592, GR 593, GR 594, GR 595, GR 596, GR 597, GR 598, GR 599, GR 600, GR 601, GR 602, GR 603, GR 604, GR 605, GR 606, GR 607, GR 608, GR 609, GR 610, GR 611, GR 612, GR 613, GR 614, GR 615, GR 616, GR 617, GR 618, GR 619, GR 620, GR 621, GR 622, GR 623, GR 624, GR 625, GR 626, GR 627, GR 628, GR 629, GR 630, GR 631, GR 632, GR 633, GR 634, GR 635, GR 636, GR 637, GR 638, GR 639, GR 640, GR 641, GR 642, GR 643, GR 644, GR 645, GR 646, GR 647, GR 648, GR 649, GR 650, GR 651, GR 652, GR 653, GR 654, GR 655, GR 656, GR 663, GR 664, GR 665, GR 666, GR 667, GR 668, GR 669, GR 670, GR 677, GR 678, GR 679, GR 680, GR 681, GR 682, GR 683, GR 684, GR 693, GR 695, GR 696, GR 697, GR 698, GR 699, GR 700, GR 709, GR 710, GR 711, GR 712, GR 713, GR 714, GR 715, GR 716, GR 725, GR 726W, GR 726E, GR 727, GR 728, GR 729, GR 730, GR 731, GR 732, GR 733, GR 734, GR 735, GR 736, GR 737, GR 738, GR 739, GR 740, GR 741, GR 742, GR 743, GR 744, GR 753, GR 754, GR 755, GR 756, GR 757, GR 758, GR 759, GR 760, GR 761, GR 762, GR 763, GR 764, GR 765, GR 766, GR 775, GR 776, GR 777, GR 778, GR 779, GR 780, GR 781, GR 782, GR 783, GR 784, GR 785, GR 786, GR 787, GR 788, GR 797, GR 798, GR 799, GR 800, GR 801, GR 802, GR 803, GR 804, GR 805, GR 806, GR 807, GR 808, GR 809, GR 810, GR 819, GR 820, GR 821, GR 822, GR 823, GR 824, GR 825, GR 826, GR 827, GR 828, GR 829, GR 830, GR 831, GR 832, GR 841, GR 842, GR 843, GR 844, GR 845, GR 846, GR 847, GR 848, GR 849, GR 850, GR 851, GR 852, GR 853, GR 854, GR 861, GR 862, GR 863, GR 864, GR 865, GR 866, GR 867, GR 868, GR 869, GR 870, GR 871, GR 872, GR 873, GR 874, GR 879, GR 880, GR 881, GR 882, GR 883, GR 884, GR 885, GR 886, GR 887, GR 888, GR 889, GR 890, GR 891, GR 892, GR 895, GR 896, GR 897, GR 898, GR 899, GR 900, GR 901, GR 902, GR 903, GR 904, GR 905, GR 906, GR 907, GR 908, GR 911, GR 912, GR 913, GR 914, GR 915, GR 916, GR 917, GR 918, GR 919, GR 920, GR 921, GR 922, GR 923, GR 924, GR 925, GR 926, GR 927, GR 928, GR 929, GR 930, GR 931, GR 932, GR 933, GR 934, GR 935, GR 936, GR 937, GR 938, GR 939, GR 940, GR 941, GR 942, GR 943, GR 944, GR 945, GR 946, GR 947, GR 948, GR 949, GR 950, GR 951 and GR 952.
(xvi) Anson currently holds a 100% interest in 396 Placer Claims in Utah, USA.
These claims are referred to as TM 1, TM 2, TM 3, TM 4, TM 5, TM 6, TM 7, TM 8, TM 9, TM 10, TM 11, TM 12, TM 13, TM 14, TM 15, TM 16, TM 17, TM 18, TM 19, TM 20, TM 21, TM 22, TM 23, TM 24, TM 25, TM 26, TM 27, TM 28, TM 29, TM 30, TM 31, TM 32, TM 33, TM 34, TM 35, TM 36, TM 37, TM 38, TM 39, TM 40, TM 41, TM 42, TM 43, TM 44, TM 45, TM 46, TM 47, TM 48, TM 49, TM 50, TM 51, TM 52, TM 53, TM 54, TM 55, TM 56, TM 57, TM 58, TM 59, TM 60, TM 61, TM 62, TM 63, TM 64, TM 65, TM 66, TM 67, TM 68, TM 69, TM 70, TM 71, TM 72, TM 73, TM 74, TM 75, TM 76, TM 77, TM 78, TM 79, TM 80, TM 81, TM 82, TM 83, TM 84, TM 85, TM 86, TM 87, TM 88, TM 89, TM 90, TM 91, TM 92, TM 93, TM 94, TM 95, TM 96, TM 97, TM 98, TM 99, TM 100, TM 101, TM 102, TM 103, TM 104, TM 105, TM 106, TM 107, TM 108, TM 109, TM 176, TM 177, TM 178, TM 179, TM 180, TM 181, TM 182, TM 183, TM 184, TM 185, TM 186, TM 187, TM 188, TM 189, TM 190, TM 257, TM 258, TM 259, TM 260, TM 261, TM 262, TM 263, TM 264, TM 265, TM 266, TM 267, TM 268, TM 269, TM 270, TM 271, TM 272, TM 273, TM 274, TM 275, TM 276, TM 277, TM 278, TM 341, TM 342, TM 343, TM 344, TM 345, TM 346, TM 347, TM 348, TM 349, TM 350, TM 351, TM 352, TM 353, TM 354, TM 355, TM 356, TM 357, TM 358, TM 359, TM 360, TM 361, TM 362,
22
TM 425, TM 426, TM 427, TM 428, TM 429, TM 430, TM 431, TM 432, TM 433, TM 434, TM 435, TM 436, TM 437, TM 438, TM 439, TM 440, TM 447, TM 448, TM 449, TM 450, TM 451, TM 452, TM 453, TM 454, TM 455, TM 456, TM 457, TM 458, TM 459, TM 460, TM 461, TM 462, TM 547, TM 548, TM 549, TM 550, TM 551, TM 552, TM 553, TM 554, TM 555, TM 556, TM 557, TM 558, TM 559, TM 560, TM 561, TM 562, TM 563, TM 564, TM 565, TM 566, TM 567, TM 568, TM 569, TM 570, TM 571, TM 572, TM 573, TM 574, TM 575, TM 576, TM 577, TM 578, TM 579, TM 580, TM 581, TM 582, TM 583, TM 584, TM 585, TM 586, TM 587, TM 588, TM 669, TM 670, TM 671, TM 672, TM 673, TM 674, TM 675, TM 676, TM 677, TM 678, TM 679, TM 680, TM 681, TM 682, TM 683, TM 684, TM 685, TM 686, TM 687, TM 688, TM 689, TM 690, TM 691, TM 692, TM 693, TM 694, TM 695, TM 696, TM 697, TM 698, TM 699, TM 700, TM 701, TM 702, TM 703, TM 704, TM 705, TM 706, TM 707, TM 708, TM 709, TM 710, TM 791, TM 792, TM 793, TM 794, TM 795, TM 796, TM 797, TM 798, TM 799, TM 800, TM 801, TM 802, TM 803, TM 804, TM 805, TM 806, TM 807, TM 808, TM 807, TM 808. TM 809, TM 810, TM 811, TM 812, TM 813, TM 814, TM 815, TM 816, TM 817, TM 818, TM 819, TM 820, TM 821, TM 822, TM 823, TM 824, TM 825, TM 826, TM 827, TM 828, TM 829, TM 830, TM 831, TM 832, TM 913, TM 914, TM 915, TM 916, TM 917, TM 918, TM 919, TM 920, TM 921, TM 922, TM 923, TM 924, TM 925, TM 926, TM 927, TM 928, TM 929, TM 930, TM 931, TM 932, TM 933, TM 934, TM 935, TM 936, TM 937, TM 938, TM 939, TM 940, TM 941, TM 942, TM 943, TM 944, TM 945, TM 946, TM 947, TM 948, TM 949, TM 1035, TM 1036, TM 1037, TM 1038, TM 1039, TM 1040, TM 1041, TM 1042, TM 1043, TM 1044, TM 1045, TM 1046, TM 1047, TM 1048, TM 1049, TM 1050, TM 1051, TM 1052, TM 1053, TM 1054, TM 1055, TM 1056, TM 1057, TM 1058, TM 1059, TM 1060, TM 1061, TM 1062 and TM 1063.
23
Rule 5.5
Appendix 5B
Mining exploration entity or oil and gas exploration entity quarterly cash flow report
Name of entity
| Name of entity | Name of entity | Name of entity |
|---|---|---|
| Anson Resources Limited | ||
| ABN 46 136 636 005 |
Quarter ended(“currentquarter”) | |
| 30 June 2023 | ||
| Consolidated statement of cash flows | Current quarter $A’000 |
Year to date (12 months) $A’000 |
| 1. Cash flows from operating activities 1.1 Receipts from customers 1.2 Payments for (a) exploration & evaluation (b) development (c) production (d) staff costs (e) administration and corporate costs 1.3 Dividends received (see note 3) 1.4 Interest received 1.5 Interest and other costs of finance paid 1.6 Income taxes paid 1.7 Government grants and tax incentives 1.8 Other (provide details if material) 1.9 Net cash from / (used in) operating activities |
(3,167) - - (982) (1,485) - 123 (20) - - - |
(8,785) (1,295) - (3,308) (2,843) - 301 (36) - - - |
| (5,531) | (15,966) | |
| 2. Cash flows from investing activities 2.1 Payments to acquire or for: (a) entities (b) tenements (c) property, plant and equipment (d) exploration & evaluation (e) investments (f) other non-current assets |
- - (7) - - - |
- - (10) - - - |
ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.
Page 1
Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report
| Consolidated statement of cash flows | Current quarter $A’000 |
Year to date (12 months) $A’000 |
|---|---|---|
| 2.2 Proceeds from the disposal of: (a) entities (b) tenements (c) property, plant and equipment (d) investments (e) other non-current assets 2.3 Cash flows from loans to other entities 2.4 Dividends received (see note 3) 2.5 Other (provide details if material) 2.6 Net cash from / (used in) investing activities |
- - - - - - - - |
- - - - - - - - |
| (7) | (10) | |
| 3. Cash flows from financing activities 3.1 Proceeds from issues of equity securities (excluding convertible debt securities) 3.2 Proceeds from issue of convertible debt securities 3.3 Proceeds from exercise of options 3.4 Transaction costs related to issues of equity securities or convertible debt securities 3.5 Proceeds from borrowings 3.6 Repayment of borrowings (Lease liabilities) 3.7 Transaction costs related to loans and borrowings 3.8 Dividends paid 3.9 Other (provide details if material) 3.10 Net cash from / (used in) financing activities |
- - 1,714 - - (112) - - - |
50,000 - 2,280 (3,129) - (220) - - - |
| 1,602 | 48,931 | |
| 4. Net increase / (decrease) in cash and cash equivalents for theperiod |
||
| 4.1 Cash and cash equivalents at beginning of period 4.2 Net cash from / (used in) operating activities (item 1.9 above) 4.3 Net cash from / (used in) investing activities (item 2.6 above) 4.4 Net cash from / (used in) financing activities (item 3.10 above) |
42,620 (5,531) (7) 1,602 |
5,731 (15,966) (10) 48,931 |
| ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms. Page 2 |
Page 2
Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report
| Consolidated statement of cash flows | Current quarter $A’000 |
Year to date (12 months) $A’000 |
|---|---|---|
| 4.5 Effect of movement in exchange rates on cash held 4.6 Cash and cash equivalents at end of period |
(39) | (41) |
| 38,645 | 38,645 | |
| 5. Reconciliation of cash and cash equivalents at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts |
Current quarter $A’000 |
Previous quarter $A’000 |
| 5.1 Bank balances 5.2 Call deposits 5.3 Bank overdrafts 5.4 Other (provide details) 5.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above) |
38,645 - - - |
42,620 - - - |
| 38,645 | 42,620 | |
| 6. Payments to related parties of the entity and their associates |
Current quarter $A'000 |
|
| 6.1 Aggregate amount of payments to related parties and their associates included in item 1 403 6.2 Aggregate amount of payments to related parties and their associates included in item 2 - Note: if any amounts are shown in items 6.1 or 6.2, your quarterly activity report must include a description of, and an explanationfor, suchpayments. |
403 | |
| - |
ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.
Page 3
Appendix 5B
Mining exploration entity or oil and gas exploration entity quarterly cash flow report
| 7. Financing facilities Note: the term “facility’ includes all forms of financing arrangements available to the entity. Add notes as necessary for an understanding of the sources of finance available to the entity. Total facility amount at quarter end $A’000 Amount drawn at quarter end $A’000 7.1 Loan facilities - - 7.2 Credit standby arrangements - - 7.3 Other (please specify) 15,000 250 7.4 Total financing facilities 15,000 250 7.5 Unused financing facilities available at quarter end 14,750 7.6 Include in the box below a description of each facility above, including the lender, interest rate, maturity date and whether it is secured or unsecured. If any additional financing facilities have been entered into or are proposed to be entered into after quarter end,include a noteprovidingdetails of those facilities as well. On 17 May 2019 the company entered into an equity placement facility with Long State Investment Limited (LSI) for $15,000,000. Anson may until 31 December 2023 draw down up to $250,000 at a time ($1,500,000 with the prior written consent of the investor) at a cost of 5% of the drawn down amount at a price equal to the average of 2 daily VWAPs nominated by the investor during the 20 consecutive trading days commencing on the trading day immediately after a placement notice is provided. To date $250,000 has been drawn down. Drawdown is at the discretion of Anson. The facilityis secured against 5,000,000 securityshares |
7. Financing facilities Note: the term “facility’ includes all forms of financing arrangements available to the entity. Add notes as necessary for an understanding of the sources of finance available to the entity. Total facility amount at quarter end $A’000 Amount drawn at quarter end $A’000 7.1 Loan facilities - - 7.2 Credit standby arrangements - - 7.3 Other (please specify) 15,000 250 7.4 Total financing facilities 15,000 250 7.5 Unused financing facilities available at quarter end 14,750 7.6 Include in the box below a description of each facility above, including the lender, interest rate, maturity date and whether it is secured or unsecured. If any additional financing facilities have been entered into or are proposed to be entered into after quarter end,include a noteprovidingdetails of those facilities as well. On 17 May 2019 the company entered into an equity placement facility with Long State Investment Limited (LSI) for $15,000,000. Anson may until 31 December 2023 draw down up to $250,000 at a time ($1,500,000 with the prior written consent of the investor) at a cost of 5% of the drawn down amount at a price equal to the average of 2 daily VWAPs nominated by the investor during the 20 consecutive trading days commencing on the trading day immediately after a placement notice is provided. To date $250,000 has been drawn down. Drawdown is at the discretion of Anson. The facilityis secured against 5,000,000 securityshares |
Total facility amount at quarter end $A’000 |
Amount drawn at quarter end $A’000 |
|---|---|---|---|
| - | - | ||
| - | - | ||
| 15,000 | 250 | ||
| 15,000 | 250 | ||
| On 17 May 2019 the company entered into an equity placement facility with Long State Investment Limited (LSI) for $15,000,000. Anson may until 31 December 2023 draw down up to $250,000 at a time ($1,500,000 with the prior written consent of the investor) at a cost of 5% of the drawn down amount at a price equal to the average of 2 daily VWAPs nominated by the investor during the 20 consecutive trading days commencing on the trading day immediately after a placement notice is provided. To date $250,000 has been drawn down. Drawdown is at the discretion of Anson. The facilityis secured against 5,000,000 securityshares |
| 8. | Estimated cash available for future operating activities | $A’000 |
|---|---|---|
| 8.1 8.2 8.3 8.4 8.5 8.6 8.7 8.8 |
Net cash from / (used in) operating activities (item 1.9) (5,531) (Payments for exploration & evaluation classified as investing activities) (item 2.1(d)) - Total relevant outgoings (item 8.1 + item 8.2) (5,531) Cash and cash equivalents at quarter end (item 4.6) 38,645 Unused finance facilities available at quarter end (item 7.5) 14,750 Total available funding (item 8.4 + item 8.5) 53,395 Estimated quarters of funding available (item 8.6 divided by item 8.3) 10 Note: if the entity has reported positive relevant outgoings (ie a net cash inflow) in item 8.3, answer item 8.7 as “N/A”. Otherwise, a figure for the estimated quarters of funding available must be included in item 8.7. If item 8.7 is less than 2 quarters, please provide answers to the following questions: 8.8.1 Does the entity expect that it will continue to have the current level of net operatingcash flows for the time beingand,if not,whynot? |
(5,531) - (5,531) 38,645 14,750 |
| 53,395 | ||
| Answer: n/a |
ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.
Page 4
Appendix 5B
Mining exploration entity or oil and gas exploration entity quarterly cash flow report
| 8.8.2 | Has the entity taken any steps, or does it propose to take any steps, to raise further |
|---|---|
| cash to fund its operations and, if so, what are those steps and how likely does it | |
| believe that they will be successful? | |
| Answer: n/a | |
| 8.8.3 | Does the entity expect to be able to continue its operations and to meet its business |
| objectives and, if so, on what basis? | |
| Answer: n/a |
Note: where item 8.7 is less than 2 quarters, all of questions 8.8.1, 8.8.2 and 8.8.3 above must be answered.
Compliance statement
-
1 T his statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A.
-
2 T his statement gives a true and fair view of the matters disclosed.
Date: 31 July 2023
Authorised by: The Executive Chairman and CEO
(Name of body or officer authorising release – see note 4)
Notes
-
This quarterly cash flow report and the accompanying activity report provide a basis for informing the market about the entity’s activities for the past quarter, how they have been financed and the effect this has had on its cash position. An entity that wishes to disclose additional information over and above the minimum required under the Listing Rules is encouraged to do so.
-
If this quarterly cash flow report has been prepared in accordance with Australian Accounting Standards, the definitions in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash Flows apply to this report. If this quarterly cash flow report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standards apply to this report.
-
Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities, depending on the accounting policy of the entity.
-
If this report has been authorised for release to the market by your board of directors, you can insert here: “By the board”. If it has been authorised for release to the market by a committee of your board of directors, you can insert here: “By the [ name of board committee – eg Audit and Risk Committee ]”. If it has been authorised for release to the market by a disclosure committee, you can insert here: “By the Disclosure Committee”.
-
If this report has been authorised for release to the market by your board of directors and you wish to hold yourself out as complying with recommendation 4.2 of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations , the board should have received a declaration from its CEO and CFO that, in their opinion, the financial records of the entity have been properly maintained, that this report complies with the appropriate accounting standards and gives a true and fair view of the cash flows of the entity, and that their opinion has been formed on the basis of a sound system of risk management and internal control which is operating effectively.
ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.
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