Anson Resources Ltd (ASX:ASN) has delivered an increase in flow rates by more than 140% during resource expansion drilling at the Paradox Lithium Project in Utah, USA.
Notably, the artesian flow of supersaturated brine has increased by:
- 165% at Long Canyon No. 2 - flow rate of 180 barrels oil per hour; and
- 147% at Cane Creek 32-1 - flow rate of 66 barrels oil per hour.
A key positive outcome of the significantly improved flow rates is that it is anticipated they will push the brine to the surface without the need for pumping.
This would deliver substantial benefits to the economics of extraction and the longevity of Anson’s proposed lithium-producing operation at Paradox.
Resource expansion drilling
Anson’s ongoing resource expansion drilling program at Paradox is focused on the targeted Mississippian units at the priority Cane Creek 32-1 well.
On re-entry at Cane Creek 32-1, Clastic Zone 31 horizon delivered a flow rate of 66 barrels/hour, an increase of 147% on the originally recorded flow rate at this target.
Similarly, an increase in flow rate of 165% was delivered from Anson’s recently completed drilling at the Long Canyon No. 2 well.
These results indicate that salts that have previously precipitated are breaking down over time due to the influx of brine – as a result of the positive attributes of high pressure, porosity, and permeability at the Paradox Project area.
Supersaturated brine free-flowing direct from the Cane Creek 32-1 well up the tubing.
High-pressure and increased flow rates
Anson has advised that further test work on the Long Canyon No. 2 and Cane Creek 32-1 wells has confirmed continued high pressure and increased high flow rates.
This is a highly positive outcome that is set to positively impact the economics of Anson’s proposed Paradox Lithium Project.
Anson is in a unique, and ideal location for brine extraction at the intersection of Robert’s Rupture and the Cane Creek Anticline, at the Paradox Project.
Robert’s Rupture provides vertical porosity and the Cane Creek Anticline results in a shallower depth to the target extraction horizon.
The three factors; high pressure, porosity (both horizontal and vertical) and shallow depth are key attributes of the Paradox Lithium Project and are not present anywhere else in the area.
In combination, they provide strong indicators of low extraction costs and beneficial ESG outcomes.
The wells Anson has re-entered in its current drilling program have delivered artesian flow (ie, natural flow without the need for pumping) from the Clastic Zone 31 horizon due to the constant higher pressures and the porosities of this clastic zone.
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July 13, 2022 at 07:17AM
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Anson Resources increases flow rates up by more than 140% at Paradox Lithium Project in the US - Proactive Investors Australia
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