Drilling at Yellow Cat Could Make or Break Resource Upgrade Plans
Anson Resources is set to begin a 2,500-metre drilling campaign at its Yellow Cat project in Utah, aiming to confirm and extend high-grade uranium and vanadium mineralisation along a significant strike length.
- 2,500m drilling program to test mineralisation extension at Yellow Cat
- High-grade samples up to 10.33% U3O8 and 25.6% V2O5 recorded
- Drilling to include diamond coring and reverse circulation methods
- Potential upgrade of historical resource to JORC 2012 standard
- Shallow mineralisation above water table allows minimal environmental impact
Exploration Momentum Builds at Yellow Cat
Anson Resources Limited (ASX – ASN) has announced the commencement of a targeted drilling program at its Yellow Cat uranium and vanadium project in Utah, USA. Scheduled to start in early March 2026, the 2,500-metre campaign aims to confirm the continuity of mineralisation along strike between historical workings, potentially extending the known resource footprint.
The Yellow Cat project is notable for its high-grade uranium and vanadium mineralisation hosted within the sandstone units of the Morrison Formation. Previous sampling by Anson has yielded impressive assay results, with uranium oxide (U3O8) grades reaching up to 10.33% and vanadium oxide (V2O5) up to 25.6%. These grades underscore the project's potential to contribute meaningfully to the supply of these critical minerals.
Drilling Strategy and Environmental Considerations
The upcoming drilling program will focus on the eastern claim block, where a well-defined east-west mineralised zone has been identified. Drilling depths are planned between 12 and 40 metres, reflecting the shallow nature of the mineralisation which lies above the water table. This positioning allows for minimal environmental disturbance, a key consideration in modern exploration.
Anson has selected a drilling contractor and intends to employ both reverse circulation (RC) and diamond drilling techniques. Diamond coring will facilitate detailed metallurgical studies and density measurements, essential for accurate resource estimation. Additionally, the program will twin historical drill holes in the central block to validate past assay results, a critical step towards upgrading the historical resource to comply with the 2012 JORC Code.
Historical Context and Future Prospects
The Yellow Cat project area has a rich history of uranium and vanadium exploration, with data sourced from US Geological Survey reports and previous mining activities. Anson’s work builds on this foundation, aiming to convert historical data into a modern, compliant resource estimate. Confirmation of mineralisation continuity and grade consistency will be pivotal in advancing the project towards development.
Looking ahead, successful drilling outcomes could trigger further programs to delineate and expand mineral resources. The company’s broader strategy includes leveraging these assets to meet growing demand for uranium and vanadium, both critical to energy and technology sectors.
Bottom Line?
Anson’s drilling results will be closely watched as they hold the key to unlocking a potentially significant uranium-vanadium resource in Utah.
Questions in the middle?
- Will the drilling confirm the mineralisation continuity over the targeted 2,500m strike length?
- Can the historical resource be successfully upgraded to JORC 2012 standard based on new assay data?
- What are the implications of metallurgical studies for future mining and processing strategies?
