Bonanza 252g/t intersection recorded at Tregurtha and more results imminent and...
Pioneer Resources is pleased to announce that it has increased the size of its flagship Lignum Dam Gold Project, 50km north of Kalgoorlie, by more than 50 per cent after acquiring over 250sqkm of highly prospective tenements at Golden Cities North, that span from the Lignum Dam Project to the 5 million ounce Paddington Gold Operation.
Pioneer has identified a RAB gold anomaly that extends from the Golden Cities and Federal Mines, which are located within 2km to the south of the newly acquired ground. This anomaly extends at least 6km into the newly acquired tenement package. Limited follow-up RC drilling intersected significant mineralisation including:
• 6m at 1.78g/t from 51m
• 10m at 1.03g/t from 93m and
• 3m at 3.26 from 50m

For the full announcement, see the Announcements section of this site.