Paradox Basin Royalty

Paradox Basin Royalty

Trident owns a 2.50% NSR Royalty over any projects owned by Anson Resources within the Paradox Basin in the USA. The Royalty is tied to Anson’s ownership of the projects, and Trident is entitled to 2.00% of net proceeds from the sale by Anson of any projects in the Paradox Basin (with the Royalty terminating at that point).

Paradox Lithium Project

The Paradox Lithium Project, located in the Paradox Basin in Utah, USA, is Anson Resources’ flagship project. Anson released a Definitive Feasibility Study for Paradox in September 2022 outlining a Phase 1 operation, producing an initial 13,074 tonnes per annum of Lithium Carbonate (Li2CO3) for the first 10 years of a 23-year operation. Anson has appointed global engineering firm Worley Group Inc. for the Front-End Engineering and Design Study for the proposed lithium carbonate processing plant.

Trident has a 2.50% NSR Royalty over any projects owned by Anson Resources within the Paradox Basin in the USA. The Royalty is tied to Anson’s ownership of the projects, and Trident is entitled to 2.00% of net proceeds from the sale by Anson of any projects in the Paradox Basin (with the Royalty terminating at that point).