# ASN: Application for Additional State Mineral Rights Approved Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/asn-application-for-additional-state-mineral-rights-approved--43002824-3796-4353-9682-2f05390e323e Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03145129 Publisher: asx Original announcement: 2026-09-28T23:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-29T16:24:58.561Z Atlas analysis updated: 2026-09-29T16:24:58.561Z - Company: Anson Resources Limited - Ticker: ASN - Exchange: ASX - Region: Utah, USA - Primary commodity: Lithium - Secondary commodities: None reported - Document categories: Resource update, Agreement transaction - Extracted: 2026-09-29 16:24:59 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Anson Resources has been granted 17 additional SITLA blocks at the Green River Lithium Project in Utah, representing an 18.4% increase in the project's land parcel. These blocks fall within the existing JORC Resource Area of Interest and are expected to be included in a resource update scheduled for Q4 2026. Reasoning: The approval of additional mineral rights expands the project footprint within the known resource area, providing a clear path to resource growth via upcoming re-modelling. - Positive factor: Expansion of land parcel by 18.4% - Positive factor: New tenure within existing JORC Resource AOI - Positive factor: Strategic acquisition of SITLA blocks adjacent to processing plant location - Positive factor: Expected resource upgrade in Q4 2026 without additional drilling Facts used in scoring: 3 ## Classification and evidence **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The company announced that the new SITLA blocks will be included in the next resource estimate update. Evidence · text > All blocks are located within the JORC Resource Area of Interest \(AOI\) and will be included in the next resource estimate update ## 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/asn-application-for-additional-state-mineral-rights-approved--43002824-3796-4353-9682-2f05390e323e#fact-resource-facts-0) Green River Lithium Project · lithium #### Identity - Project: Green River Lithium Project - Commodity: lithium - Region: usa\_ut - Reported Region: Utah, USA - Ticker: ASN #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Greg Knox - Resource group id: resource:10255d662a3a4ede42c4 - Deposit or zone: Green River - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 4482000 - Grade: 127.8 - Grade Unit: mg/l - Contained Metal: 183000 - Contained Unit: t #### Prior Estimate - Resource Date: 2026-05-03 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-28T00:00:00.000Z Reasoning: Existing indicated resource component. Evidence · text > Indicated 4.482 0.269 127.8 6 100 34,000 183,000 #### 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 **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/asn-application-for-additional-state-mineral-rights-approved--43002824-3796-4353-9682-2f05390e323e#fact-resource-facts-1) Green River Lithium Project · lithium #### Identity - Project: Green River Lithium Project - Commodity: lithium - Region: usa\_ut - Reported Region: Utah, USA - Ticker: ASN #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Greg Knox - Resource group id: resource:d8bcac714d77a1ab60a8 - Deposit or zone: Green River - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 14467000 - Grade: 127.8 - Grade Unit: mg/l - Contained Metal: 590000 - Contained Unit: t #### Prior Estimate - Resource Date: 2026-05-03 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-28T00:00:00.000Z Reasoning: Existing inferred resource component. Evidence · text > Inferred 14.467 0.868 127.8 6 100 111,000 590,000 #### 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 **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## 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.