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16 October 2008
Lignum Dam Gold Project: Strike Length of Anomaly Doubles
Gold results from the latest round of RAB geochemistry drilling at Pioneer's greenfields gold discovery, the 100% owned Lignum Dam Project, have effectively doubled the size of the Tregurtha Prospect to approximately 1,200m, including the identification of a new anomaly, named the Hughes Prospect.
Read the full release (PDF, 273 KB)
18 September 2008
Pioneer Nickel Limited broadcast
Pioneer Nickel Limited (PIO) provides the opportunity to listen to a brief audio broadcast with Mr David Crook, MD in a presentation titled "PIO - Drilling Commences at Mt Thirsty - Mr David Crook, MD".
To listen, simply visit the address below:
http://www.brr.com.au/event/51604
Read the full release (PDF, 51 KB)
6 August 2008
Pioneer Nickel Limited prepares to embark on new drilling schedule on multiple projects
Pioneer is a very active ASX listed company that has recently released very encouraging results from a number of projects, including gold results from Lignum Dam, nickel from Golden Ridge and Acra, and manganese from Ravensthorpe. Preparation is also well advanced for the inaugural drilling program for cobalt-nickel at the Mt Thirsty South Project.
1 August 2008
Nickel play develops golden edge
Better known for its suite of nickel exploration JVs, Pioneer Nickel NL securities returned to the board in early July with news the company had turned up further encouraging gold intercepts from drilling on its Lignum Dam project.
Coupled with this, Pioneer has identified a manganese-rich mineralised horizon at Ravensthorpe, meaning the company is diversifying away from nickel somewhat unintentionally.
Read the complete article (PDF, 195 KB)
4 July 2008
Significant gold mineralisation intersected at the Lignum Dam Gold Project
Pioneer Nickel Limited (ASX: PIO) today announced that significant RAB drilling results have been returned from its 100% owned Lignum Dam (Silver Swan Northwest) Gold Project.
Results included:
* SSB0412 29m at 2.02 g/t Au including 4m at 6.62g/t Au
* SSB0413 8m at 2.52 g/t Au
* SSB0400 4m at 3.34 g/t Au
* SSB0399 4m at 1.62 g/t Au
* SSB0415 4m at 1.29 g/t Au
Read the full release (PDF, 251 KB)
27 June 2008
Encouraging results from Pioneer's nickel sulphide exploration
* Acra Joint Venture Project: Deep Diamond Drilling at Jubilee West Intersects Nickel Sulphides
* Golden Ridge Joint Venture Project: Platinum-Palladium Geochemistry Confirms Nickel Sulphide Target
Read the full release (PDF, 115 KB)
19 June 2008
David Crook on BoardroomRadio
Pioneer Nickel Limited (PIO) provides the opportunity to listen to an audio broadcast with Mr David Crook, MD in a presentation titled "PIO - Ravensthorpe Manganese: High Grade Mineralisation - Mr David Crook, MD".
To listen, simply visit the address below:
http://www.brr.com.au/event/47105
Read the full release (PDF, 57 KB)
18 June 2008
Ravensthorpe Manganese: high grade mineralisation
Pioneer Nickel Limited (ASX: PIO, "the Company") is pleased to provide an update on the activities undertaken at the Company's Ravensthorpe Ferrous Metals Prospect. The prospect forms a part of the Company's Ravensthorpe Joint Venture Project (PIO 75%, Galaxy Resources Limited (ASX: GXY) 25%).
Reconnaissance work by a Company geologist has located a high-grade manganese-rich mineralised horizon. From the completed program, 21 surface samples were taken from the manganese horizon over 500m of strike. Sixteen (16) of the samples assayed above 30% Mn, to a maximum value of 49% Mn. The manganese mineralisation remains open to both the north and south of the area sampled.
Read the full release (PDF, 402 KB)
16 June 2008
Change of Directors notice
Pioneer Nickel Limited (ASX: PIO) wishes to advise that Mr Craig McGown has been appointed as Non-Executive Chairman of the Board and that Mr Reg Gillard retires as a Director of the Company. The change is effective from 13 June 2008.
Read the full release (PDF, 82 KB)
20 May 2008
David Crook on BoardroomRadio
Pioneer Nickel Limited (PIO) provides the opportunity to listen to an audio broadcast with Mr David Crook, MD in a presentation titled "PIO - $1.1 Million Placement and New Drilling Campaign - Mr David Crook, MD".
To listen, simply click on the link below:
Pioneer puts the pedal to the metal
Highlights of Pioneer's recent activities include:
* $1.1 million placement with clients of DJ Carmichael Pty Limited, who placed 13,000,000 ordinary shares at an issue price of 8.5 cents per share.
* Drilling to commence at the Silver Swan Northwest's Lignum Dam Gold Project.
* The release of a new Investor Fact Sheet, which provides a summary of work programs which are scheduled for completion during the next six months.
Read the full release (PDF, 53 KB)
28 April 2008
Summary Report for Ravensthorpe JV Project
Pioneer Nickel Limited (ASX:PIO, "the Company") today provided shareholders with an update on the activities completed at the Company's Ravensthorpe Joint Venture Project with Galaxy Resources Limited (ASX: GXY) (PIO 75%, GXY 25%).
Read the full release (PDF, 170 KB)
22 April 2008
Mt Thirsty South Project hits Pioneer Nickel's exploration plans
Pioneer Nickel Limited (ASX: PIO) is pleased to provide investors with initial details of its Mt Thirsty South cobalt-nickel-manganese project, located approximately 20km NNW of Norseman, Western Australia. Pioneer holds a 100% interest in the project.
Read the full release (PDF, 150 KB)
26 February 2008
Exploration Update: Gold Projects
Pioneer Nickel Limited (ASX: PIO, "Pioneer") is please to provide investors with an update for two gold projects where exploration is advancing and excellent results are being generated. These are the Larkinville West Project, where Pioneer holds a free-carried 25% interest and the Silver Swan Northwest Project, which is 100% owned by Pioneer.
Read the full release (PDF, 834 KB)
19 November 2007
Drilling resumes at the Acra Joint Venture Project
Jubilee Mines NL (ASX: JBM) has resumed drilling at the Acra Joint Venture Project. The initial target is the JSW Gossan Prospect.
Read the full release (PDF, 388 KB)
16 October 2007
Pioneer receives positive assay results from Golden Ridge JV & reaches equity milestone
Pioneer Nickel has received positive assay results from the Golden Ridge Joint Venture with Australian Mines Limited (ASX: AUZ). In addition, the Company has now earned a 51% interest in this JV by exceeding $2.25 million in exploration expenditure.
Read the full release (PDF, 106 KB)
24 July 2007
Ramelius exercises option for Wattle Dam and Larkinville Projects
Ramelius Resources Limited (ASX: RMS) has exercised two options to purchase an 80% interest in Pioneer's nickel rights at the Company's Wattle Dam and Larkinville Projects.
To exercise the options, Ramelius has paid Pioneer A$700,000. In addition, Ramelius must spend up to A$1 million on nickel-focussed exploration at the joint venture projects within four years.
Pioneer retains a 20% interest which is free-carried to the completion of a feasibility study recommending a commercial mining operation.
Read the full release (PDF, 103 KB)
9 May 2007
Ravensthorpe drilling results and investor update
Pioneer Nickel is pleased to announce preliminary results from a recently completed round of reverse circulation drilling at the historic Elverdton-Mt Desmond Copper Mine, located 10km from Ravensthorpe, WA.
The twelve-hole program was designed to test mineralisation within the mine's old workings as well as provide a platform for deeper core drilling at the northern end of the prospect area, which forms part of the Ravensthorpe Joint Venture with partner Galaxy Resources Limited (ASX:GXY) (25%).
Significant results from the programme included 6m at 2.45% Cu and 9.66g/t Au (DER01) and 5m at 2.04% Cu and 1.04g/t Au (DER06).
Read the full release (PDF, 154 KB)
27 April 2007
Pioneer announces placement to raise $2 million
Pioneer Nickel Limited is pleased to announce the completion of a capital raising to raise up to $1.98 million to advance exploration programmes, in particular at its Ravensthorpe and Golden Ridge Projects.
Pioneer Managing Director David Crook said the capital raising will fund on-going exploration programmes heavily weighted by drilling.
Read the full release (PDF, 94 KB)
1 August 2006
Ramelius acquires option for Wattle Dam & Larkinville Projects
Pioneer Nickel is pleased to announce that Ramelius Resources Limited (ASX: RMS) has acquired two options to purchase an 80% interest in Pioneer's nickel rights at its Wattle Dam and Larkinville Projects.
Read the full release (PDF, 218 KB)
8 June 2006
US$5.0m joint venture for Silver Swan Northwest
Pioneer Nickel is pleased to announce that a Memorandum of Agreement has been completed by which BHP Billiton Minerals Pty Limited has agreed to a major farm-in and joint venture with Pioneer, referred to as the Silver Swan Northwest Joint Venture Project.
Under the terms of the MOA, BHP Billiton may earn up to an 80% interest in a portfolio of tenements, located approximately 50 kilometres north of Kalgoorlie, by spending US$5.0 million on the ground. Pioneer will continue to be free-carried until a decision to mine is reached.
The joint venture will result in a comprehensive exploration programme, managed by one of the world's leading nickel producers, focussing on geological targets located from 5 kilometres to the northwest of the Silver Swan and Black Swan Nickel Sulphide Mines.
Read the full release (PDF, 178 KB)
24 May 2006
Golden Ridge drilling returns new Nickel Sulphide intersections
Pioneer Nickel is pleased to announce excellent drilling results from its Golden Ridge Project, a joint venture with Australian Mines Limited (ASX: AUZ).
Pioneer Managing Director David Crook said the Blair South Prospect, located 2.8km south of the operating Blair nickel mine (AUZ owned and operated) continued to return highly encouraging drilling results.
Read the full release (PDF, 254 KB)
28 April 2006
Nickel drilling success continues at Golden Ridge
Pioneer Nickel is pleased to announce that the Golden Ridge Joint Venture has provided excellent results during the March quarter with drilling at a second target intersecting nickel sulphides.
From drilling currently underway at the Blair South Prospect, assays from the first drill hole have returned 15m at 1.21% Ni and 0.13% Cu from 98m, including 3m at 2.21% Ni and 0.27% Cu from 102m. This is in addition to drilling at the Marshall Prospect, where a recent drill hole also intersected 1m at 2.26% Ni and 0.12% Cu from 215m.
Read the full release (PDF, 30 KB)
3 March 2006
Jubilee reaches first expenditure threshold at Acra and elects to earn a further 15% in the Project
Pioneer Nickel Limited (ASX: PIO) is pleased to announce that Jubilee Mines Limited (ASX: JBM) has provided notification that it has now expended $3.0 million at the Acra Joint Venture Project, thereby earning a 60% interest in the Project.
In 2004 Pioneer and Jubilee formed the Acra Joint Venture by which Jubilee may earn up to a 75% interest in a large portfolio of tenements. The tenements cover the Acra and Jubilee nickel sulphide occurrences, located 80km east of Kalgoorlie.
Along with this notification Jubilee has made an election to continue with the joint venture. The next threshold, being a 75% interest in the Project, is gained when Jubilee has expended a further $3.5 million on exploration before 4 October 2010. Pioneer will then continue to be free carried until a decision to mine is made.
Read the full release (PDF, 127 KB)
23 February 2006
First drill programme commences at Golden Ridge JV
Pioneer Nickel (ASX: PIO) is pleased to advise that the first leg of a $1 million nickel sulphide drilling campaign at its new Golden Ridge Joint Venture has been fast-tracked and will commence today.
Read the full release (PDF, 126 KB)
24 January 2006
Pioneer JV to unlock prime WA nickel ground
Pioneer Nickel today announced that it had agreed to enter into a joint venture with Australian Mines Limited to farm into the Golden Ridge Nickel Sulphide Project.
The Golden Ridge Joint Venture covers more than 100 square kilometres of highly nickel-prospective tenements, located 30 kilometres north of Kambalda in WA. The tenements cover more than 20 strike kilometres of the Golden Ridge Ultramafics, which host the Blair and nearby Carnilya Hill nickel sulphide mines. The GRJV specifically excludes the Blair Mine.
Read the full release (PDF, 443 KB)
18 October 2005
Significant intersection at Pioneer
Pioneer Nickel Ltd has made a significant intersection of high tenor nickel sulphide mineralisation in a recent round of RC drilling at its Pioneer Project, located 85km south of Kambalda, Western Australia.
Assay results returned for a zone of network and massive sulphide mineralisation in ultramafic rock included 3m at 4.0% nickel and 0.21% copper from within a broader zone of 5m of 2.6% nickel and 0.14% copper at the JH Prospect.
Read the complete article (PDF, 56 KB)
22 June 2005
Western Copper Pty Ltd
Pioneer Nickel Limited is pleased to announce the incorporation of its wholly-owned subsidiary, Western Copper Pty Ltd.
Western Copper's initial project is the Ravensthorpe Joint Venture with Galaxy Resources Limited.
Read the full release (PDF, 68 KB)
3 June 2005
Ravensthorpe Copper–Gold Joint Venture
Pioneer Nickel Limited today announced that it had entered into a joint venture with Galaxy Resources Limited to explore for high grade copper and gold mineralisation on tenements and tenement applications near Ravensthorpe, Western Australia.
Pioneer will be the manager of the Ravensthorpe Joint Venture and can earn an initial 75% and up to an 85% interest in the project by spending $500,000 on exploration on the joint venture tenements. As an adjunct to the joint venture, Pioneer has also increased its holding in Galaxy to 7% by investing $100,000 in a placement of new Galaxy shares.
Read the full release (PDF, 213 KB)
23 September 2004
Trader's Corner
Pioneer Nickel earlier this week welcomed Jubilee Mines on its register as a 'big brother' to give it market cred. It's working already. Yesterday brokers Intersuisse initiated coverage of the company, a status so many juniors crave.
Read the complete article (PDF, 309 KB)
22 September 2004
Jubilee to fund major nickel exploration program
We initiate coverage of PIO on the back of the announcement yesterday that Jubilee Mines (JBM) will subscribe for a 10% placement in PIO at a share price of $0.15 (well above the market price of $0.12 before the announcement), as well as agreeing to spend $3.0m over a period of 3 years to earn a 60% stake in PIOs Acra nickel sulphide exploration project.
JBM is an agressive exploration spender and this deal complements its existing ground position at Emu Lakes, where it now has tied up 140 km of strike of prospective nickel acreage. …
PIO shareholders can look forward to an exciting time as JBM will aggressively test the best targets its Acra acreage can offer.
Read the complete article (PDF, 174 KB)
Jubilee picks up 10pc stake in Pioneer
Shares in Heron Resources offshoot Pioneer Nickel soared more than 32 per cent yesterday after Kerry Harmanis' Jubilee Mines took a 10 per cent stake in the explorer and farmed into its Acra nickel deposit near Kalgoorlie.
Jubilee, owner of the rich Cosmos mine, said it would pay $230,000 cash and spend $3 million on exploration over three years to take a 60 per cent stake in Acra, which lies close to its own Emu Lake project.
Read the complete article (PDF, 123 KB)
Jubilee joins Pioneer for a bigger piece of nickel
Mid-tier nickel star Jubilee Mines has dipped into its large hoard of cash, as it seeks to convince the market it is more than a one-trick pony.
The company, which has been earning record profits from its Cosmos mine to the north of Kalgoorlie, will enter a joint venture with Pioneer Nickel on a large acreage of tenements near Kalgoorlie and also take a 10 per cent slice of that company.
Read the complete article (PDF, 259 KB)
How mines can put a hole in your wallet
… So it's instructive to look at the report on junior companies compiled each quarter by stockbrokers Intersuisse.
There you can see at a glance which companies are putting their - or, actually, your - money into the ground rather than into fancy offices and over-the-top salary packages for a select few directors.
According to Intersuisse the percentage of all spending in the June quarter that went into actual exploration activity is quite high. Range River came out top by putting 98 per cent of its outlays into the ground, followed by Pioneer Nickel (97 per cent), Minotaur Resources, Bullion Minerals, Red Metal, and Gunson Resources - all 89 per cent or above. Another test: who is keeping their administration spending low. Pioneer Nickel spent just $14,000; others at the top of the class were Jindalee Resources, spending $24,000, Navigator Resources $34,000, Platsearch, Giant's Reef and Range River $40,000, Red Metal $47,000 and Cullen Resources $50,000.
Read the complete article (PDF, 260 KB)
21 September 2004
Jubilee takes major shareholding in Pioneer; commits to $6.9m Acra joint venture
Pioneer Nickel Limited (ASX: PIO) is pleased to announce discussions have now been completed which will result in Jubilee Mines Limited (ASX: JBM) entering into a major joint venture at the Acra project and acquiring approximately 10% of Pioneer.
Yesterday (Monday) Pioneer and Jubilee agreed to the terms of the joint venture where Jubilee may earn up to a 75% interest in a large portfolio of tenements, including the Acra deposit. The joint venture will result in accelerated exploration at the Acra nickel sulphide deposit, located 80km east of Kalgoorlie, and could see $6.5 million spent on the ground within six years.
Read the full release (PDF, 77 KB)
31 August 2004
Pioneer moving from strength to strength
Since Pioneer Nickel Limited received a great deal of support for its ASX listing and capital raising late last year, the company has made great strides with its projects.
Read the complete article (PDF, 479 KB)
15 April 2004
Extract from Aegis "Blue Book"
This is an extract of the April 2004 Exploration Quarterly Review.
Read the complete article (PDF, 257 KB)
25 February 2004
Nickel exploration drilling to commence at Jubilee and Wattle Dam in March
Nickel sulphide company Pioneer Nickel Limited (ASX:PIO) today announced a 25-hole reverse circulation (RC) drilling campaign will commence at its Acra-Jubilee Project, located 80 kilometres east of Kalgoorlie, and its Wattle Dam Project, located 20 kilometres south west of Kambalda, in mid March.
Pioneer has now completed Moving Loop Electromagnetic (MLTEM) surveys at its Acra-Jubilee Project and has completed 50% of its 1,140 station programme at Wattle Dam.
Pioneer Nickel Managing Director David Crook said the drilling programme would test geophysical anomalies generated by the Company since listing.
Read the full release (PDF, 233 KB)
5 January 2004
Acra drilling intercepts magmatic disseminated nickel sulphide
Nickel exploration company Pioneer Nickel Limited today announced its first drilling programme since listing on the ASX, at the Acra project located 80 kilometres east of Kalgoorlie, has encountered disseminated nickel sulphide.
The Acra drilling program consisted of four drill holes totalling 1,014 metres and was designed to confirm Pioneer's existing nickel sulphide model. Of the four holes drilled, three encountered disseminated magmatic sulphides over broad intercepts.
Pioneer Nickel Managing Director David Crook said that the positive drilling results have confirmed its decision to prioritise drilling at Acra.
Read the full release (PDF, 137 KB)
4 December 2003
Pioneer Nickel Limited lists on the Australian Stock Exchange
Drilling commences immediately at Acra Prospect
Nickel explorer Pioneer Nickel Limited (ASX:PIO) today made its debut on the Australian Stock Exchange following a successful $5.5 million Initial Public Offering, by issuing 27.5 million shares at $0.20. Pioneer will use the funds raised in the IPO to explore for high-grade nickel sulphide deposits in the Eastern Goldfields of Western Australia using the most advanced techniques, including modern high power electromagnetic (TEM) technology.
Pioneer's Managing Director David Crook said the Company's immediate focus was to test its advanced Acra deposit located 80km east of Kalgoorlie and to generate data to permit accurate targeting at its Pioneer, Higginsville and Wattle Dam projects, located near the Widgiemooltha and Pioneer Domes.
"I am pleased to report that today Pioneer commenced a 1,500 metre RC drilling program and TEM survey at Acra. The drilling program is targeting priority offhole TEM anomalies that are prospective for nickel sulphides," Mr Crook said.
Pioneer's Chairman Craig Readhead added that the strong institutional and retail interest for the IPO was pleasing after more than eighteen months of planning.
Read the full release (PDF, 158 KB)
3 December 2003
Pioneer Nickel Limited to list on ASX
Junior nickel exploration company Pioneer Nickel Limited has been admitted to the official list of Australian Stock Exchange Limited following a successful $5.5 million Initial Public Offering.
The Company's ASX security code is "PIO".
Official quotation of Pioneer's shares will commence on Thursday, 4 December 2003 at 10:00am (WST).
Read the full release (PDF, 159 KB)
20 November 2003
Nickel miners step up activity in Kambalda
Nickel activity is continuing to build up around Kambalda.
Reliance Mining has started production at its Beta Hunt project, Pioneer Resources has closed off its bid to raise $5.5 million and Mincor Resources has started its nickel mine decline at Redross, all ahead of schedule.
Read the complete article (PDF, 204 KB)
More than just perfect timing
Pioneer Nickel managing director David Crook has gone to great pains to point out that the formation of his company is not a knee-jerk reaction to the nickel price.
Despite the base metal's recent white-hot run to current prices of around US$12,300 per tonne, Crook said seeds for Pioneer were planted some 18 months ago.
Read the complete article (PDF, 175 KB)
19 November 2003
Program sparks Arc
Arc Energy shares jumped more than 7 per cent yesterday as the Perth-based company revealed detailed plans for its latest drilling program in the onshore Perth Basin near Dongara.
Meanwhile, junior nickel explorer Pioneer Nickel is set to list next week after closing its $5.5 million initial public offering oversubscribed.
Read the complete article (PDF, 194 KB)
18 November 2003
Pioneer Nickel IPO closes early, oversubscribed
Pioneer Nickel, the spin-off vehicle that contains nickel laterite specialist Heron Resources' nickel sulphide properties, has closed its $5.5 million IPO early and heavily oversubscribed.
Pioneer will use the funds raised to explore and evaluate its seven nickel sulphide projects, predominantly in the Eastern Goldfields of Western Australia.
Read the complete article (PDF, 180 KB)
Pioneer Nickel Limited closes $5.5 million IPO oversubscribed
Drilling to commence at Acra Prospect
Junior nickel exploration company Pioneer Nickel Limited has closed its $5.5 million offer early and heavily oversubscribed.
Pioneer will use the funds from the IPO for exploration and project evaluation of its seven nickel sulphide projects, predominantly in proven high grade nickel provinces in the Eastern Goldfields of Western Australia.
Pioneer Managing Director David Crook said that Pioneer has already booked drilling rigs for exploration at Acra.
"Pioneer's immediate focus is to embark on an aggressive exploration program to add value for shareholders," Mr Crook said.
Read the full release (PDF, 169 KB)
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