Pioneer Lithium (ASX:PLN) staked two new 100%-owned lode claim packages in the US, with 42 claims located in the North Pine project in Idaho and 69 claims in the Central Buttes uranium project in Wyoming, according to a Thursday Australian bourse filing.
The tenure status of the North Pine and Central Buttes projects is subject to final confirmation by the Bureau of Land Management
Pioneer considers the Springfield area in the North Pine project prospective for tungsten skarn systems as well as for antimony and gold mineralization.
The Pumpkin Buttes district, where the Central Buttes is located, contains over 250 mapped uranium occurrences.
Its shares fell over 2% on market close.