Jindalee welcomes positive lithium test results
Melbourne, Victoria
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October 23, 2023 03:15 PM Eastern Daylight Time
Jindalee Resources Ltd (ASX:JRL) CEO Lindsay Dudfield talks Proactive through initial head assay results that have been received for metallurgical samples from Jindalee’s 100%-owned McDermitt Lithium Project in Oregon, USA. The samples average 0.179% lithium - 34% higher than the average grade of the current McDermitt indicated and inferred resource grade of 0.134% lithium. Dudfield says the results suggest excellent potential to process shallow, higher grade ore early in the mine life, with positive implications for project economics.
Jindalee is a pure-play US lithium company focussed on the development of the giant McDermitt Lithium Project (21.5 Mt LCE1), currently the largest lithium deposit in North America. Jindalee also provides shareholders with indirect exposure to lithium, gold, base and strategic metals, iron ore, uranium and magnesite in Australia through holdings in spin-out companies Dynamic Metals (ASX: DYM) and Energy Metals (ASX: EME).
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