Pioneer Resources Ltd (ASX:PIO) and partner International Lithium Corp (TSX.V:ILC) continue to rapidly advance exploration at the Mavis Lake and Raleigh Lithium Projects located near Dryden, in northwest Ontario, Canada.A C$1 million (A$1 million) budget has been allocated, with 1500 metres of diamond drilling to be undertaken at each project.Drilling will further test known spodumene-bearing pegmatites at Mavis Lake and Raleigh.Drilling is on-track for September.Pioneer recently completed a $4.8 million raising, adding to the $2 million it had at the end of March 2016.
Source: Pioneer Resources Ltd allocates C$1M to drill high-grade lithium in Canada – Proactiveinvestors (AU)