by –News Direct–
Jindalee Resources Ltd (ASX:JRL) CEO Lindsay Dudfield talks Proactive through initial head assay results that have been received for metallurgical samples from Jindalees 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
+61 413 713 744
Jonathan@proactiveinvestors.com
View source version on newsdirect.com: https://newsdirect.com/news/jindalee-welcomes-positive-lithium-test-results-855666496
Jindalee Resources Ltd
COMTEX_442337474/2655/2023-10-23T15:14:50
Julian Lopez is professor emeritus of finance, served as the founding academic affairs dean and founding chair of the finance department.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No journalist was involved in the writing and production of this article.