Jindalee Resources Ltd (ASX:JRL)

Jindalee listed on the Australian Securities Exchange (ASX) on 11 July 2002 after raising $2.67M. Jindalee has not been back to the market to raise capital since listing and as a result the Company currently has only 34.9m shares on issue. Jindalee’s Directors are strong supporters and hold approximately 34% of the Company, whilst Teck, a major Canadian mining company, is Jindalee’s third largest shareholder with 5.9% of issued capital.

U.S. LITHIUM

Lithium has the highest electrochemical potential of any metal, an extremely high co-efficient of thermal expansion, fluxing and catalytic characteristics, and low density. Lithium is highly sought after for a range of industrial uses, in particular energy storage where it is a vital component of most popular battery electrolytes and electrodes. A high charge and power to weight ratio makes lithium ideal for applications where weight is a significant consideration (e.g. electric vehicles, mobile phones, hand tools, drones and robots).

(click here for more information on US Lithium)

ARIES DIAMOND PROJECT

Jindalee’s Aries project is located in the central Kimberly region of Western Australia, approximately 270km east of Derby.  The project comprises a granted Exploration Licence (E80/5027), an exploration licence application (E04/2512), and the diamond rights on an adjacent tenement (E80/5117).

Historically, the Aries kimberlite pipe was discovered in 1986 by Triad Minerals, in joint venture with Freeport, with subsequent exploration undertaken by companies including Thunderlarra, BHP Billiton Minerals and United Kimberley Diamonds (“UKD”).

(click here for more information on the Aries Diamond Project)

JOYNERS FIND IRON ORE

The Joyners project is located 40km west of Wiluna in Western Australia and covers the eastern part of the Joyners Find greenstone belt. The project is a joint venture with GWR Group Limited and forms a part of GWR Group’s much larger 126 million tonne Wiluna West iron ore project. At Wiluna West, direct shipping grade (DSO) hematite iron ore averaging around 59% iron has been defined in a series of deposits associated with banded iron formations.

(click here for more information on the Joyners Find Iron Ore)

MAGNESITE

PROSPECT RIDGE PROJECT

Exploration Licence EL5/2016 covering the Arthur River and Lyons River magnesite deposits (“Project”) in north-west Tasmania was granted in September 2016.  Geoscience Australia’s website notes that the Arthur-Lyons River area now covered by EL5/2016 contains the third largest inventory of magnesite Economic Demonstrated Resources (EDR) in Australia (refer www.ga.gov.au).

(click here for more information on Magnesite)

WIDGIEMOOLTHA PROJECT

Jindalee has been applying for open ground in the Widgiemooltha district since 2016, with a total of 20 exploration licence applications and 4 live tenements now held.  Numerous historic and currently operating gold and nickel mines are present in the district, and significant new discoveries continue to be made (e.g. Invincible – Goldfields, Baloo – S2 Resources).  More recently the potential for pegmatite related mineralisation (e.g. lithium, caesium, tantalum and tin) has been identified and adds further prospectivity to the ground already held.

A review of the considerable volume of historic work conducted in the district has commenced to assist in the identification of high priority targets for follow-up as tenements are granted.

Last updated 14th November 2018

Justin Mannolini
Non-Executive Chairman
B.Com/LL (Hons), LLM (Law) GAICD

As a lawyer and banker, Mr Mannolini has more than 20 years experience in corporate finance ranging across industry sectors and product lines, including mergers and acquisitions transactions and general strategic advisory mandates for companies in the resources sector.  He is a Non-executive Director of the Northern Australia Infrastructure Fund a $5B fund, set up by the Australian Government to encourage the development of northern Australia.

Mr Mannolini was an Executive Director with Macquarie Capital, the investment banking division of the Macquarie Group, from March 2013 to May 2016, and was responsible for cross-industry coverage of the Western Australian market.

Prior to joining Macquarie, Justin was Managing Director and head of Gresham Advisory Partners’ Perth office, and before that, a partner in the mergers and acquisitions group of leading Australian law firm Freehills, in both the Sydney and Perth offices.

Mr Mannolini has a combined degree in Commerce and Law (with Honours) from the University of Western Australia and a Master of Laws from the University of Cambridge (Queens College).

Pip Darvall
Managing Director
M.Sc. (Geology), MBA, GAICD

Mr Darvall is a highly qualified geologist with a background in exploring for a range of commodities, both in Australia and overseas; and extensive management experience.  More recently he was Senior Geologist, then Exploration Manager for Atlas Iron and oversaw a rapid growth in Atlas’ resource base from 2010 to 2014, before starting his own consultancy company specialising in resource project evaluation and management.  Mr Darvall was CEO of the Company from October 2017 prior to being appointed Managing Director in May 2018.

Mr Darvall is also a member of the AusIMM, Australian Institute of Geoscientists (AIG) and the Society of Economic Geologists, Inc, (SEG).

Lindsay Dudfield
Executive Director
B.Sc.

Mr Dudfield is a geologist with almost 40 years experience in multi-commodity exploration, primarily within Australia. He held senior positions with the mineral divisions of Amoco (1977-1979) and Exxon (1980-1987) and was closely involved with the delineation of the Scuddles zinc-copper mine at Golden Grove, WA.

In 1987 he became a founding Director of Dalrymple Resources NL and spent the following 8 years helping acquire and explore Dalrymple’s properties, leading to a number of greenfields discoveries. In late 1994 Mr Dudfield joined the Board of Horizon Mining NL (JIndalee’s predecessor) and has been responsible for managing Jindalee since inception.

Mr Dudfield is a member of the Australasian Institute of Mining and Metallurgy, the Australian Institute of Geoscientists, the Geological Society of Australia and the Society of Economic Geologists. He is also a Non-executive Director of Energy Metals Limited and Alchemy Resources Limited.


Patricia (Trish) Farr
Executive Director/Joint Company Secretary
GradCertProfAcc., GAICD, FGIA/FCIS

Ms Farr joined Jindalee when the Company listed in July 2002 and has been closely involved with the growth and development of the Company since listing.

Ms Farr is an experienced Chartered Secretary with over 16 years experience in the mining industry having provided company secretarial services to several ASX listed companies including Energy Metals Limited and Musgrave Minerals Limited.

Ms Farr is a graduate member of the Australian Institute of Company Directors, Governance Institute of Australia (formerly Chartered Secretaries Australia) and the Institute of Chartered Secretaries & Administrators. Ms Farr was appointed to the Jindalee Board in 2008.

Greg Ledger
Company Secretary
B.Com., CA

Mr Ledger is a chartered accountant with over 25 years experience in accounting and corporate management, gained with major accounting firms as well as in his own accountancy practice. He has provided company secretarial support to a number of listed junior companies.


Terrence Peachey
Senior Consultant
B.Sc. (Hons.) AIG

Mr Peachey is a geologist with 36 years industry experience in gold and base metal exploration and development, mainly in Australia. His industry experience has included senior exploration roles at Delta Gold, where he was extensively involved in the discovery and delineation of the Kanowna Belle deposit, as well as senior project development roles at Homestake Gold of Australia and with View Resources Limited.

Mr Peachey is a member of the Australian Institute of Geoscientists.

Last updated 14th November 2018

Level 2, 9 Havelock Street
West Perth WA 6005
Australia

PO Box 1033
West Perth WA 6872
Australia

Phone: +61 8 9321 7550
Facsimile: +61 8 9321 7950
Email: [email protected]

Jindalee Resources Limited
ABN 52 064 121 133
ACN 064 121 133

Auditors
BDO Audit (WA) Pty Ltd
38 Station St Subiaco WA 6008

Solicitors
House Legal
86 First Avenue Mt Lawley WA 6005

Share Registry
Advanced Share Registry
110 Stirling Highway Nedlands WA 6009