Pioneer Resources Limited (ASX: PIO) – $0.022

10 Mar 2017

Pioneer Resources Limited (ASX: PIO) together with its strategic partner International Lithium Corp (TSX: ILC.V), has completed the first phase of drilling at the Mavis Lake Lithium Project in the province of Ontario, Canada (Figure 1).

 

PIO Mavis Lake Li

Figure 1. Location of the Mavis Lake Lithium Project

 

 

The drilling program comprised 12 diamond core drillholes totalling 1,305 metres at the Mavis Lake Lithium Project. Drilling intersected multiple spodumene pegmatites at the Fairservice prospect, which confirms continuity of mineralisation from previous drilling campaigns.

 

Logging and cutting of diamond core has been completed and all samples have been submitted to the laboratory for assaying. The company expects to receive assay results by late April.

 

 

For further information, visit pioneerresources.com.au

 

 

Resources Stocks to Watch (RSTW) is the leader in research on over 600 ASX listed micro to small-cap mining stocks and commodities. We are independent and do not accept commissions. We tell it like it is. Our reports are researched by experienced geologists and resources analysts, the experts in the field.

 

 

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