Jindalee says McDermitt drilling set to begin imminently
October 09, 2023 at 05:16 pm EDT
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Jindalee Resources Ltd (ASX:JRL) CEO Lindsay Dudfield tells Proactive the company has appointed a drilling contractor ahead of the upcoming infill drilling program at its McDermitt Lithium Project in Oregon, USA, that’s set to commence in the weeks ahead. McDermitt is the largest lithium deposit in the US and a globally significant resource by contained lithium, at 21.5 million tonnes lithium carbonate equivalent (LCE). Assays from the drilling are expected in early 2024. The McDermitt Lithium Project sits at the northern end of the McDermitt Caldera, about 35 kilometres north of the Thacker Pass deposit, owned by Lithium Americas.
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. The Company also provides shareholders with indirect exposure to lithium, gold, base and strategic metals, iron ore, uranium and magnesite in Australia through projects generated by the Company’s technical team.
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Jonathan Jackson
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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.