Gold and Nickel West Australian Goldfields RIU SYDNEY RESOURCES CONFERENCE MAY 2014 David Crook Managing Director
This presentation is provided to you for the sole purpose of providing preliminary background technical, financial and other information to enable you to review the business activities of Pioneer Resources Limited (Pioneer). The material…
Advancing Gold exploration Nickel exposure through Participation within the highly at the Acra Gold Project 100% ownership of the prospective Albany Fraser Blair Nickel Mine Orogen for Nickel and Gold
Craig McGown Chairman (Finance) An investment banker with over 35 years experience consulting to companies in Australia and internationally, particularly in the natural resources sector. The former Chairman of DJ Carmichael and…
FOCUSED Western Australia-focused explorer Current share price 0.9 cents FUNDED Shares on issue 553.2 million 3.4 million in cash and receivables Unlisted options 58 million ACTIVE 12-month range 0.8 3.2 cents Financial capacity to…
ACRA Eastern Gold Fields (equally Eastern Nickel Fields) BLAIR Ni MINE Key Projects and Locations Acra Gold Project Blair Nickel Mine Fairwater Nickel and Gold Project FAIRWATER
Acra is Pioneers priority gold project for 2014 Previous large budget explorers have focussed on nickel during the past 20 years Gold data from earlier explorers has been brought into context when reviewed with modern datasets…
2013 Drilling: 102 holes for 8,411m . Results confirm gold endowment. Kalpini South: KSRC004: 10m at 6.38g/t from 61m KSRC005: 9m at 5.31g/t from 36m KSRC007: 15m at 2.93 from 94m KSRC010: 2m at 7.83 from 130m KSRC018: 12m at…
2013 Drilling: 102 holes for 8,411m . Results confirm gold endowment. Kalpini South: KSRC004: 10m at 6.38g/t from 61m KSRC005: 9m at 5.31g/t from 36m KSRC007: 15m at 2.93 from 94m KSRC010: 2m at 7.83 from 130m KSRC018: 12m at…
What we know 20km from Kalgoorlie, 30km from Kambalda 100% owned by Pioneer Offtake agreement with BHP-B Mine closed due to low nickel prices in 2008
02 Surface Drill Intercepts GOD018: 8.5m at 1.3% Ni BCD049: 4.9m at 1.02% Ni BU07-19:P 4.2m at 2.29% Ni BU11-01 5.46m at 3.26% Ni AMUG069: 0.98m at 6.74% Ni
The Blair Mine Mineral Resource estimate completed for the Blair Nickel Mine : 222,710t of nickel sulphide ore with a grade of 2.92% Ni High grade mineralisation (4% Ni at the base of the mine development - 950m) Shallow drill…
What we know Ground position - 650 km2 105 km SW of Nova- Bollinger nickel discoveries Both Archaean and Proterozoic Terrains 2013: First Geochemistry - EM drill target identified at FWNi001
2014: Reconnaissance work has included 4,500 soil samples collected this year.
Likely Proterozoic age (GSWA age dates) B Truncates stratigraphy suggests intrusive. About 4 km from a major regional structure. 8km oval feature (Nova 5km same scale). Aeromagnetic Image
B Aeromagnetic Image with pre-Pioneer Auger Geochemistry 698 Soil samples taken this year
September 2014 quarter: On-going: September Quarter: 10,000m aircore and RC Increase resource base Grant of key tenements; drilling testing targets towards the targeted Compile soil geochemistry; between Jubilee Gift and the 20,000t Ni…
FOCUSED Projects within the world class Eastern Gold (and Nickel) fields FUNDED 2.3 million cash now and 1.1 million receivable in March 2015 ACTIVE (but very mindful of our cash) ACRA gold project A conventional goldfields Gold…