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).
Contact Details
Proactive Investors
Jonathan Jackson
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Jonathan@proactiveinvestors.com
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Jindalee Lithium Limited, formerly Jindalee Resources Limited, is an Australia-based mineral exploration and development company. The Company is focused on lithium exploration and development. The Companyâs projects include McDermitt Lithium and Clayton North. The Companyâs flagship project is the McDermitt Lithium Project in south-east Oregon, USA. The McDermitt Lithium Project is located in Malheur County on the Oregon-Nevada border, 35 km west of the town of McDermitt at the northern end of the McDermitt volcanic caldera. The McDermitt Lithium Project is a sediment-hosted lithium deposit. The Clayton North project is located approximately 23 kilometers north of the only producing lithium operation in the United States at Silver Peak. The project is ideally located in close proximity to the only lithium producing operation in the United States of America.