With a strong cash position, Pioneer is consolidating its regional position within this highly prospective area of the Eastern Goldfields of Western Australia. The recent quarter has seen some standout drill results at Acra, showing the High Grade Gold potential of this project, and Detailed EM at Golden Ridge are currently scheduled to define targets at Golden Ridge Nickel Project. Pioneer is focussed, funded and active, and looks forward to providing the market with steady news flow in the near term and on an ongoing basis.
Pioneer, with a proven discovery capacity, holds a large multi-commodity tenement portfolio within 100km N and E of Kalgoorlie. After selling the Mt Jewell West Gold Project in 2012, Pioneer successfully put into place the building blocks to achieve its operational objective of identifying quality replacement projects. Pioneer has done this through a mix of exploration programs on held tenements, and acquisitions such as Gold RIdge Nickel and Gold Project interests, and commodity swap at Acra Project, resulting in 100% interest of gold, and acquisition of 75% stake in Fairwater Nickel-Gold Project. Exciting progress has been made in the last quarter.
FUNDED with approx $5.7M cash & receivables; FOCUSED on its high value mineral resources in proximity to Kalgoorlie-Boulder; ACTIVE gold and nickel sulphide exploration targets - find out more...