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Pioneer Resources Ltd.

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Summary

Project:

Pioneer Dome

Deposit:Cade
Location:Australia
Commodities:Lithium
Date:9/26/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:26-9-2019: Pioneer Resources Ltd. announces an Exploration/Drilling Update report for its Cade deposit at the Pioneer Dome project. Drilling results incl. 113m @ 1.04% Li2O from 180m. Perth, Western Australia: 26 September 2019: Pioneer Resources Limited
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: David Crook (Internal)
ABSTRACT:Perth, Western Australia: 26 September 2019: Pioneer Resources Limited ("Company" or “Pioneer”) (ASX: PIO) is pleased to advise that most of the assay results from the recently completed drilling programme, which tested two lithium-caesium-tantalum (“LCT”) pegmatite targets, have been received, confirming the discovery of dominantly spodumene-rich deposits. Assays have been received for drill holes PDRC263 to PDRC277, while those for holes PDRC278-PDRC288 are still awaited. The Pioneer Dome Project is located approximately 130km south of Kalgoorlie and 200km north of the Port of Esperance, close to the Goldfields-Esperance Highway and other relevant infrastructure including rail, gas and water. The Company has a clearly stated strategy, to grow further value at the Pioneer Dome by building on the success of the Sinclair Caesium Mine.

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