The company has completed one drill program with assays pending and is planning to start an additional three drill programs during November and December 2016.
The recently extended drilling at the Crescent Lake Lithium Project in Ontario, Canada has now been completed for a total of 800 metres, with the assay results expected soon.
Sovereign is also finalising a drill program at the Clayton Valley Lithium Project in Nevada, U.S. to test for lateral extensions of aquifers discovered by Pure Energy Minerals in their adjacent claims.
Notably, Sovereign’s Nevada claims are within 10 kilometres of North America’s only producing lithium mine, Albemarle Corp’s (NYSE:ALB) Silver Peak Mine.
Back home, the company has received approval to commence drilling at the Mt Adrah Hobbs Pipe – White Deer gold project in New South Wales.
A 1,280 metre drilling program is expected to commence in November 2016, with the aim to build a resource inventory.
Sovereign is also planning to conduct over 1,000 metres of diamond drilling at the Halls Peak project in New South Wales.
The company is targeting potential direct shipping ore (DSO) high grade zinc and silver at Halls Peak.