The Company holds a large tenement portfolio, prospective for lithium, nickel and gold, with projects strategically located close to major infrastructure corridors.
While being fully engaged in making the next high value, solid margin mineral discovery, Pioneer is committed to operating as a responsible corporate citizen.
Lithium / Caesium / Tantalum
In 2016 the Company embarked on its ‘critical’ metals’ strategy, driven by the awareness that supply of new technology commodities, such as lithium, nickel and cobalt, are key raw materials for use in the burgeoning clean energy and transportation markets, providing exciting new opportunities.
During 2016, the Company optioned the advanced Mavis Lithium Project in Ontario Canada, and commenced first pass exploration at the Pioneer Dome Project, with immediate success at both.
The Pioneer Dome Project has emerged as the Company’s Priority Project.
In late 2016 the Company discovered the Sinclair Caesium Deposit and brought it into production in 2018. By the end of 2019, the mine was complete and the caesium ore, pollucite, exported. This delivered a cash surplus to the Company of approximately $8 million.
In mid-2019 the Company announced the discovery of lithium (in the form of spodumene) at the Dome North Area, and in November 2019 the Company announced its maiden Inferred Resource for the Cade Lithium Deposit.
Nickel Sulphides (and Lateritic Cobalt)
Western Australian greenstone belts host large nickel sulphide camps near Leinster, Kambalda, Widgiemooltha and more recently the Fraser Ranges.
Pioneer holds nickel sulphide prospects in highly prospective regions, including the suspended Blair Nickel Sulphide Mine, which closed in 2008 during a time of depressed nickel prices, having produced 1.26mt of nickel ore at 2.62% Ni.
The Company’s portfolio includes high quality alkali metal assets in Canada and WA, plus strategically located cobalt, gold and nickel projects in mining regions of Western Australia.
Western Australia is world regarded as a gold producing location, and Pioneer has a portfolio of projects that have generally been of sufficient quality to attract earn-in joint venture partners, or the Company has retained a royalty when the project has been assigned.
Our Acra joint venture partner Northern Star Resources Limited continues to explore and advance Pioneer’s Acra project in the Eastern Goldfields, having earned a 75% interest in the Project.
The Kangan Gold Project in the western Pilbara is considered prospective for conglomerate-hosted gold deposits. The Project attracted one of Canada’s most innovative and well-funded gold exploration companies, Novo Resources Corp, and subsequently Sumitomo Corporation of Japan, with exploration activities driven by the key proponent of the Pilbara Conglomerate-Gold genesis model, Dr Quinton Hennigh.