Day Trading May 19 - Morning, page-2

PIO - 3.94% Li2O is the highest in the whole world, it's will be a big day for PIO, but today will be just a beginning......

PRIORITY LITHIUM TARGETS CONFIRMED AT PIONEER DOME
 Rock chip assay results of up to 3.94% Li2O
 Soil geochemistry program identifies five lithium anomalies
Perth Western Australia, 19 May 2016: Pioneer Resources Limited ("Company" or "Pioneer") (ASX: PIO) is pleased to provide an interim exploration report for its 100%-held Pioneer Dome Project, near Norseman in Western Australia following the receipt of assays for 668 soil samples and 36 rock chip samples. Soil sampling will resume later this week following a halt due to rain.
 First soil geochemistry results targeting lithium show multi-element anomalies with coincident lithium, niobium and rubidium over the PEG006 and PEG009 pegmatites;
 Rock Chips from 2 separate outcrops at PEG009 returned high grade lithia (Li2O) values. These included:
o from PEG009A, lepidolite samples assaying between 1.38% and 3.94% Li2O; and
o from PEG009B, silicate dominated rocks assaying between 1.17% and 3.84% Li20;
 The remaining 3,300 soil sample collections are expected be completed during May 2016 with drilling likely in the September 2016 quarter.