Sovereign Gold Company Ltd (ASX:SOC) continues to advance the Crescent Lake Lithium Prospects in Ontario, Canada.
The company has now been granted approval to clear and upgrade the main access trail to the four identified Dempster lithium-bearing pegmatite occurrences.Clearing operations are expected to be completed within seven days.
Additional lithium-bearing pegmatites will also be explored for subject to Exploration Permit approval, which the company expects to receive shortly.
Crescent LakeThe 50.7 square kilometres of claims contain four lithium-bearing deposits and outcropping lithium-bearing pegmatites.
The claims are adjacent to Ardiden Ltd’s (ASX:ADV) Seymour Lake Lithium Project and Argonaut Resources NL’s (ASX:ARE) Zigzag claims that contain lithium-bearing pegmatites.Ardiden’s claims host pegmatites up to 26 metres wide grading up to 2.38% lithium…
Source: Sovereign Gold Company Ltd receives approval for Crescent Lake Lithium – Proactiveinvestors (AU)