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Pioneer Resources Ltd.

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Summary

Project:

Pioneer Dome

Deposit:Sinclair
Location:Australia
Commodities:Lithium-Caesium-Tantalum-Rubidium
Date:7/26/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:26-7-2018: Pioneer Resources Ltd. announces an Exploration/Drilling Update report for its Sinclair deposit at the Pioneer Dome project. Drilling results incl. 27m @ 1.86% Li2O from 46m. Perth Western Australia, 26 July 2018: Pioneer Resources Limited ("Co
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: David Crook (Internal)
ABSTRACT:Perth Western Australia, 26 July 2018: Pioneer Resources Limited ("Company" or "Pioneer", ASX: PIO) is pleased to provide the following update for its 100%-held Pioneer Dome Project in the Eastern Goldfields of Western Australia, which includes the proposed Sinclair Zone Caesium Mine. On 25 July 2018 the Company announced that it had received approval for the Mining Proposal to undertake the Sinclair Caesium Mine The Company has fielded enquiries from third parties interested in purchasing parcels of lepidolite, petalite or mixed lithium mineralisation from Pioneer that can be excavated from the Stage 1 Sinclair Caesium Mine or from an extended Stage 2 Pit. About the Sinclair Pegmatite and its Prospectivity for Lithium and Potassium in addition to Caesium The Sinclair Pegmatite is classed as a “Complex LCT Pegmatite” due to it exhibiting extreme mineral differentiation. This has resulted in the formation of a suite of monomineralic phases in the pegmatite core zone. These minerals include pollucite (Cs), petalite and lepidolite (Li), microcline (K) and silica (Si). The Company has provided summaries of lithium (Li) and potassium (K) results in announcements and quarterly activities reports to ASX.

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