Ascent Resources Grants Neometals an Option to Access Paradox Basin Wells

Nov 26, 2025

3 min read

Ascent Resources and American Helium (AH) have signed an option agreement giving Neometals and Omaha Value, two mineral exploration companies, a 60-day exclusive period to negotiate access and use rights over Ascent/AH’s existing wells and leases in Utah’s Paradox Basin for the evaluation and potential extraction of lithium- and potash-bearing brines.

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