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Pioneer Resources Ltd.

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Summary

Project:

Pioneer Dome

Deposit:Cade
Location:Australia
Commodities:Lithium
Date:11/25/2019
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:25-11-2019: Pioneer Resources Ltd. announces a Resource Estimation report for its Cade deposit at the Pioneer Dome project. Initial Inferred Mineral Resource for the Cade Spodumene Deposit. Perth, Western Australia: 25 November 2019: Pioneer Resources Lim
Resources:(Resource, Inf.): 8.2Mt @ 1.23% Li2O at Cade
CP/QP:[Resources]: David Crook, Lauritz Barnes (Internal;Trepanier Pty Ltd.)
ABSTRACT:Perth, Western Australia: 25 November 2019: Pioneer Resources Limited ("Company" or “Pioneer”) (ASX: PIO) is pleased to announce the achievement of a significant milestone within the Company’s 100% owned Pioneer Dome Project, relating to the Cade Spodumene Deposit and Dome North Area. Sufficient exploration information now exists to estimate an initial Inferred Mineral Resource for the Cade Spodumene Deposit and an Exploration Target for the greater Dome North Area. The Project is located ~130km south of Kalgoorlie and 200km north of the Port of Esperance, close to the Goldfields-Esperance Highway and key infrastructure, including rail, gas and water, pass through the Project. Pioneer has a clearly stated strategy, to grow value at the Pioneer Dome by building on the success of the recently completed Sinclair Caesium Mine.

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