Anson Resources Limited (ANSNF)

[TradingCharts]

Ajana Graphite Project
The Ajana Project is located in Northampton, Western Australia, a proven and established mining province for zinc, lead, silver and graphite. The project is situated within the prospective historic mining center of Ajana. The tenements, E66/89 and E66/94, and E66/100 (under application) are located 130kms north of Geraldton and on the North West Coastal Highway.

Highlights of the Ajana Project include:
2012 JORC Pb Resource at Mary Springs

The global Indicated and Inferred Resource estimate is 390,000 tonnes grading at 6.5% Pb.

Four Regional Graphite Prospects

Walcott (reprocessed historic EM targets)

Mary Springs (rock chip/Mullock samples)

Geraldine, and

https://www.ansonresources.com/additional-projects

Warrianno

Jumbo flake (>300 microns)

Rock chips up to 42%TGC

High grade metamorphism with hydrothermal alteration

Graphite schist within a Proterozoic Gneiss

The Ajana area is dominated by the Proterozoic gneiss with conformable lenses of meta-sediment, pelitic gneiss, meta-quartzite, mafic gneiss and graphitic schist known as the Northampton Metamorphic Complex. This gneissic geological environment, typically hosts high grade graphite deposits in Western Australia.

The Northampton Complex is intersected by a closely spaced swarm of dolerite dykes striking north northeast associated with shear zones and parallel to the fold axes. All the lead-silver and copper mines in the Northampton Complex appear to be related to the same north northeast trending fault system that has controlled the intrusion of dolerites.

Mary Springs Lead Resource
The updated Mineral Resource has been reported at a cut-off grade of 1%Pb, a summary of the estimate is shown below.

Mary Springs Mineral Resource Estimate, JORC 2012
Mary Springs Mineral Resource Estimate, JORC 2012