# Anson Upgrades Green River Lithium Project JORC Mineral Resource Estimate by 650% Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/anson-upgrades-green-river-lithium-project-jorc-mineral-resource-estimate-by-650--09b901aa-6d3b-44e4-b1cd-51d4d4487c48 Original source: https://finance.yahoo.com/sectors/energy/articles/anson-upgrades-green-river-lithium-164200903.html Publisher: yahoo\_press Original announcement: 2026-05-05T16:42:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-21T14:39:38.625Z Atlas analysis updated: 2026-09-21T14:39:38.625Z - Company: Anson Resources - Ticker: ASN - Exchange: ASX - Region: Unavailable - Primary commodity: Lithium - Secondary commodities: None reported - Document categories: Resource update - Extracted: 2026-09-21 14:39:39 UTC Narrative sentiment: 1.00 · Bullish ## Minestarters Atlas summary Anson Resources has announced a substantial upgrade to the Green River Lithium Project JORC Mineral Resource Estimate. The update shows a 650% increase in total resource, driven by massive growth in both Indicated and Inferred lithium carbonate tonnes. Reasoning: Significant expansion of both Indicated and Inferred lithium carbonate resources, with tonnage increases exceeding 600%. - Positive factor: Tonnage Growth - Positive factor: Contained Metal Growth Facts used in scoring: 2 ## Classification and evidence **Tonnage Growth** Polarity: positive Definition: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved. Why it applies: Indicated resource increased by 863% and Inferred by 602%. Evidence · text > Green River Lithium Project JORC Resource estimate increased by 650% **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: The total lithium carbonate tonnes have increased significantly. Evidence · text > Indicated Resource - 183,000 t of lithium carbonate \(863% increase\) **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: The estimate is explicitly stated as a JORC Mineral Resource Estimate. Evidence · text > Green River Lithium Project JORC Resource estimate ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/anson-upgrades-green-river-lithium-project-jorc-mineral-resource-estimate-by-650--09b901aa-6d3b-44e4-b1cd-51d4d4487c48#fact-resource-facts-0) Green River Lithium Project · lithium #### Identity - Project: Green River Lithium Project - Commodity: lithium - Ticker: ASN #### Resource scope - Estimate type: resource - Reporting standards: jorc - Resource group id: resource:5096dd1a08b353a40383 #### Resource Data - Category: indicated - Tonnes: 183000 - Contained Metal: 183000 - Contained Unit: t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-05T00:00:00.000Z Reasoning: Indicated lithium carbonate resource increased by 863%. - Positive factor: Tonnage Growth Evidence · text > Indicated Resource - 183,000 t of lithium carbonate \(863% increase\) #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/anson-upgrades-green-river-lithium-project-jorc-mineral-resource-estimate-by-650--09b901aa-6d3b-44e4-b1cd-51d4d4487c48#fact-resource-facts-1) Green River Lithium Project · lithium #### Identity - Project: Green River Lithium Project - Commodity: lithium - Ticker: ASN #### Resource scope - Estimate type: resource - Reporting standards: jorc - Resource group id: resource:810d455e2c2f9031b0d4 #### Resource Data - Category: inferred - Tonnes: 590000 - Contained Metal: 590000 - Contained Unit: t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-05T00:00:00.000Z Reasoning: Inferred lithium carbonate resource increased by 602%. - Positive factor: Tonnage Growth Evidence · text > Inferred Resource - 590,000 t of lithium carbonate \(602% increase\) #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.