Ann: Drilling at Pioneer Dome Lithium Project to Commence-PIO.AX, page-2

Drilling starts 30th August at Pioneer Dome

First drill holes to target PEG008, a 1.7 km long suite of mapped, differentiated pegmatites with a coincident lithium soil geochemistry anomaly;

Programme of approximately 5,000m RC drilling, testing PEG001, PEG002 and PEG008;

Subject to results, additional RC and diamond core drilling can immediately follow;

Laboratory results expected during late September and October 2016;

Additional soil geochemistry (halted due to rain) to be progressively completed to extend anomalies generated between PEG003 and PEG007 inclusive.