• Mt Fuel-Skyline Geyser Well drilling program approved and commenced
• Nusano to purchase 300 dry metric tonnes of high-purity lithium chloride
• Positive progress on cooperation with POSCO for Green River DLE Demonstration Plant

Anson Resources provided an update on its activities for the quarter ended 31 December 2025. Key highlights include:Green River Lithium Project, Utah:- Anson received approval from the U.S. Department of the Interior and the Utah Department of Natural Resources for a revised drilling program at the Mt Fuel-Skyline Geyser Well, including the installation of a whipstock to sidetrack the existing wellbore and target an expected depth of ~9,800 ft to support potential JORC Resource expansion.- Brine sampling is planned across both the Paradox Formation and the Leadville (Mississippian) units.Offtake:- Anson announced a definitive offtake agreement with Nusano to purchase 300 dry metric tonnes of high-purity lithium chloride from Anson's 100% owned Project within the Paradox Basin.Cooperation and Community:- Anson and POSCO made strong technical and commercial progress on cooperation at the Green River DLE Demonstration Plant, with workstreams advancing positively across all review areas.- Anson's US subsidiary A1 Lithium signed an MoU with Utah State University to establish a specialized lithium workforce training program for the Green River Lithium Project.Other Projects:- Anson continued technical and planning work at its Ajana zinc-lead-silver project in Western Australia, building on the maiden JORC (2012) Mineral Resource at the Surprise Deposit.- At the Yellow Cat Uranium/Vanadium Project in Utah, USA, access routes and drill pad locations were optimized, and technical work continued to assess historical uranium-vanadium drill data.Corporate:- Anson successfully completed a $14 million placement with sophisticated investors to advance the Green River Project, including 2 for 1 attaching options.- Anson completed the option placement and listing of the options (ASNO.ASX).- The company maintained a strong balance sheet with $14.1 million cash on hand at the end of the quarter.- Anson continued to reduce costs while retaining a streamlined core group dedicated to progressing the Green River Project.