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Pioneer Resources Ltd.
Summary
| Project: | Pioneer Dome | |
|---|---|---|
| Deposit: | Sinclair | |
| Location: | Australia | |
| Commodities: | Lithium-Caesium-Tantalum-Rubidium | |
| Date: | 8/15/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-8-2019: Pioneer Resources Ltd. announces an Exploration/Drilling Update report for its Sinclair deposit at the Pioneer Dome project. Drilling results incl. 21m @ 1.96% Li2O from 38m. Perth Western Australia, 15 August 2019: Pioneer Resources Limited ( | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: David Crook (Internal) | |
| ABSTRACT: | Perth Western Australia, 15 August 2019: Pioneer Resources Limited ( the "Company" or "Pioneer", ASX: PIO) is pleased to provide the following results from the June drilling programme at its 100%-held Pioneer Dome Project, located approximately 130km south of Kalgoorlie and 200km north of the port of Esperance, in the Eastern Goldfields of Western Australia. The drilling programme (see ASX announcement 27 May 2019) was designed to further test lithium and caesium extensions north and south of the recently completed Sinclair Caesium Mine Stage 1 Pit. The drilling programme was undertaken during late May and June 2019, with 24 RC drill holes (PDRC233- PDRC256 for 2,160m) and 6 diamond drill holes (PDD257 – PDD262 for 400.3m of core) completed. Drilling intersected some of the thickest and highest-grade lenses of lithium (petalite and lepidolite) mineralisation to date (including a high-grade petalite intersection of 8m of 3.1% Li2O), as well as potash (K) feldspar and quartz, being continuations of zones encountered in the stage 1 Sinclair Caesium Mine. The caesium mineral pollucite was intersected where targeted in three drill holes. The extremely differentiated pegmatite core, where pollucite may occur, extends both north and south of the Sinclair Mine, albeit in this programme pollucite was intersected only as small pods north of the stage 1 pit. | |
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