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Sovereign Gold Limited (ASX: SOC)

We’ve said it before and we’ll say it again, gold and lithium are running pretty high.

One $9 million ASX listed company that is looking to capitalise on the current healthy climate of these commodities, and has collected a suite of early stage, high potential projects.

The first is a Canadian hard rock lithium exploration project, which is being drilled right now.

First results gave up a 50m lithium bearing pegmatite, continuous from surface, with visual lithium bearing spodumene of around 20%… and the drill rig is expecting to produce more results over the coming weeks.

Then there is a lithium brine project in Clayton Valley, Nevada, right in the middle of Tesla and Albemarle’s territory, which will be prodded with the drill bit shortly.

Once the weather clears up, drilling is also expected in the coming weeks at this ASX stock’s southern NSW gold project, to determine it’s near term cash flow potential.

This tiny ASX stock is moving aggressively to prove up all three of its projects and it intends to do so while demand is still hot for both lithium and gold.

The information on this page should not be the only trigger for your investment decision. Click on the links below for a more in-depth and informed examination of the company. We strongly recommend you seek professional financial advice whenever making financial investment decisions.

The company has substantial news flow and potential catalysts to come including continued drilling over the coming weeks.

Management is determined to see the company advance on all three projects and return value to shareholders through a bigger and better valuation.

 

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North American Lithium and Aussie Gold: ASX Explorer Drilling Now

A new player in the lithium exploration space is on a mission to rapidly progress its two promising lithium projects, which can complement its 770,000 oz. Australian gold project. Not only has gold made enormous gains in 2016, but lithium has been a tremendous growth story over the past year as well, meaning this tiny company could very well have its commodity eggs in the right basket.

Oct 13, 2016 Continue Reading

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

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