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Ann: Crescent Lake Lithium Deposits Acquisition - Canada-SOC.AX, page-5

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    Good neighbours too. ADV has done well lately.
    "HIGHLIGHTS • Option secured over 317 Claim Units encompassing 5,072 hectares (50.72 km2) • Sovereign Gold claims extend northeast 11.5 kms from its contact with the north-western boundary of Ardiden Ltd’s (ASX:ADV) Seymour Lake Lithium Project to Argonaut Resources Ltd’s (ASX:ARE) Zigzag claims (Crescent Lake area) that contain lithium-bearing pegmatites • The mineral claims contain four deposits that comprise hard rock, lithium-bearing pegmatites. • Further underexplored holdings with potential to discover additional lithium-bearing deposits • The known outcrop of lithium-bearing pegmatites will be evaluated and assessed for potential open-cut mining • Significant geological reports and adjacent claim drilling data will be analysed and then released to the market • Local geological team expected to be engaged shortly and discussion underway with local drilling operators • Cash at bank currently ~ $2.5m
 
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