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[The Next Small Cap][The Next Small Cap]
[The Next Small Cap][The Next Small Cap]
[Lithium and Gold Continue to Impress: One ASX Stock is Drilling for Both Right Now]
Two of the metals of the moment, gold and lithium, are found just 4km from each other in one ASX companyâs Scandinavian projects.
This $20M capped ASX stock is busy diamond drilling on both projects right now, with the aim of fleshing out the true extent of early high-grade mineralisation.
Although it is early days, this stockâs first diamond drill hole found high grades of 24.2m @ 1.44% Li2O. Coupled with previous high-grade lithium results, this could evolve into a significant lithium project to service battery hungry European end users.
Meanwhile, the companyâs very busy drill rig has moved up the road to its gold project, where a drill campaign has begun to drill next to, and deeper than, historical gold intersections.
Results here could be out any day now, and impressive gold strikes will no doubt rapidly bring a wider interest to this stock.
With $2.3 million in cash in the bank at last count, and a drill rig turning up results over the coming days and weeks, investors wonât have long to wait to find out if this stock could soon be heading northâ¦
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In addition to the high grade lithium and gold projects in this company, it also has a copper project with a mineral resource estimate of 52.4Mt @ 1.2% copper â which may come into play assuming the copper price can rebounds over the mid-term.
And speaking of mineral resource estimates, the estimate for the lithium project is due by the end of 2016 â by that time this company may no longer be valued at $20 million.
The information in this email should not be the only trigger for your investment decision. Click on the link 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.
With three projects on the go, two of which are being actively explored right now, this company has put itself in a strong position to grow its market cap quickly in the near termâ¦
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Regular readers of The Next Oil Rush, The Next Mining Boom, The Next Small Cap and The Next Tech Stock will know that we have a stellar track record of identifying high potential companies.
PSC as high as 1,360%, VRC has been up as high as 1,150%, 88E has been up over 680%, EMH as high as 800% since we first published articles on these stocks.
BLK has been as high as 490%, MSM as high as 340%, ADV as high as 410%, LIT as high as 340%, and FRB as high as 280%, since we published articles on these stocks.
The past performance of The Next Oil Rush, The Next Mining Boom, The Next Small Cap and The Next Tech Stock is not and should not be taken as an indication of future performance. Caution should be exercised in assessing past performance. These products, like all other financial products, are subject to market forces and unpredictable events that may adversely affect future performance.
S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of Longhou Capital Markets Pty Ltd (AFSL No. 292464). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.
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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