STTCOMP PIO, FA LONG
PIO – Pioneer Resources
Gold, Lithium & Nickel
Exploration & deposits in Western Australia and Canada
SP 6.4c
MCap $58.5M
Cash $2m
MAVIS LAKE Lithium Project – Spodumene Pegmatites in Ontario, Canada
Option Agreement to acquire an 80% interest in the Mavis Lithium Project
High grade Drilling intersections from 2011 and 2012: 2.53 % Li2O at Fairservice and 1.51% Li2O at Mavis
Lake prospects
Field work to commence in June 2016: ground magnetic and soil geochemistry surveys, and drilling
PHILLIPS RIVER Lithium Project – ~100km east of Mt Cattlin Lithium Mine in Great Southern, WA
Two exploration licences pegged over an area of ~292 km2 considered prospective for lithium
Two standout lithium anomalies supported by modified pegmatite PEG‐4 index values initially evident
DONNELLY Lithium Project – in world class Greenbushes Minerals District in WA
Option Agreement to acquire a 90% interest in the Donnelly Lithium Project
Located between 12km to 60km from the world class Greenbushes Lithium Mine ‐ the Greenbushes
Mineral Field hosts the world’s largest pegmatite hosted lithium resource
PIONEER DOME Lithium Project – Mineralized Pegmatites in the Eastern Goldfields
Holds an area of ~300 km2 covering 13 outcropping pegmatite clusters over a 20km strike length
Lithium mineralisation identified in rock chip samples ‐ confirms the presence of LCT pegmatites
ACRA Gold Project – New Shallow, High Grade Gold Intersections in Aircore Drill holes
Drilling extends Kalpini South target by 60%, to a strike length of 240m. Extension has coincident EM
conductor likely detecting pyrite‐arsenopyrite sulphides – the host to primary gold at Kalpini South
Drilling generates new targets, highlighting potential for further gold discoveries, including:
KPAC078: 21m at 1.0g/t Au, including 3m at 4.6g/t Au from 42m, at the Deep River Prospect.
Capital raising completed on 24th March raising $1.6M before costs
Surge in share price last week on no news resulting in trading halt and suspension from ASX
SP peaked at 10c from an opening price of 4.9c on the 12th May, 6c appears the new support
PIO have gone into trading halt for the release of exploration results from the Blair Dome Lithium tenement
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