PA : Pioneer Resources Returns High Grade Gold From Initial Drilling At Lignum Dam Near Kalgoorlie
Pioneer Resources (ASX: PIO) has reported some spectacular high grade gold assay results from first six hole drilling at the Lignum Dam Gold Project near Kalgoorlie in Western Australia.
Just 55km from Kalgoorlie, five of the six drill holes, on near surface traverses at the Tregurtha prospect, intersected strong gold mineralisation. A mineralised structure is also evident in the sixth drill hole completed.
