Key points
- Environmental baseline field survey successfully completed
- No environmental roadblocks identified
- Drilling program designed to upgrade historical resource estimates
Full summary
Anson Resources Ltd, through its subsidiary UV1 Minerals LLC, has completed the environmental survey at its Yellow Cat Uranium Vanadium Project in Utah. The survey, which evaluated various environmental factors, found no issues that would impede the planned drilling program. This program aims to upgrade historical resource estimates to 2012 JORC compliance by twinning historical high-grade holes and testing step-out extensions. The environmental data will support Notice of Intent to Drill applications, ensuring compliance with federal and state regulations. The company plans to execute the Phase 2 exploration drill program in the coming months.
Outlook
The completion of the environmental survey clears the path for the Phase 2 drilling program, which is expected to provide the necessary data to upgrade the historical resource estimates.