Pioneer Resources Limited provided an update on its second lithium drilling program at the 100%-owned Pioneer Dome Project. The program, comprising 8,365 metres of Reverse Circulation drilling and 642 metres of diamond drilling, was focused in the Dome North group of lithium prospects, where a suite of spodumene-bearing pegmatites has been discovered. The key objectives of this program were: To test for extensions of the Inferred Mineral Resource of 8.2Mt at 1.23% Li2O announced late last year for the Cade Spodumene Deposit; To provide an initial test of the Spodumene Target 3, where pegmatite outcrops, as well as other geochemical and geophysical targets; and To undertake initial diamond core drilling into the Cade Deposit to provide samples for metallurgical testing. The program was successfully completed in December and all samples dispatched to the laboratory. As a result of the backlog of work at the assay laboratory and delays due to the Christmas/New Year holiday period, final assay results are now expected to be received by the end of January. As soon as they have been received, processed and interpreted, the results will be reported to the market. Subject to any further delays, the Company expects that this will occur in early February. The Company's December Quarterly Report will be released next week.