Pioneer Resources Commences Mavis Lake Drilling

THE DRILL SERGEANT: Pioneer Resources (ASX: PIO) has commenced drilling at the Mavis Lake lithium project in Ontario Canada.

Pioneer Resources said the drilling is being undertaken in conjunction with its Joint Venture International Lithium Corp.

The company said it had been advised by its geological consultant that the first hole, MF18-51, which was completed on 21 January, intersected three spodumene-bearing pegmatites, including one with a down-hole thickness of 20 metres from 82m.

“Pioneer will update the market about the progress of drilling at Mavis Lake as the program advances,” Pioneer Resources said in its ASX announcement.

“Drilling is expected to take up to 30 days to complete and assay results are expected to be available by the end of March 2018.”