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Jindalee Resources to start drilling at US lithium project next month

Jindalee Resources Ltd (ASX: JDL) managing director Pip Darvall updates Proactive Investors on the drilling program set to begin at the McDermitt Lithium Project in the second week of July.
 
Six core holes are planned for the initial program aimed at locating higher grade zones, supporting resource estimation work, extending existing mineralised zones, and testing for further mineralised zones.
 
Assays from the program are expected to be received from late August.
 
As the end of the financial year draws near, Darvall says the share price has performed well over the past 12 months and he is pleased with the results.

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Price: 0.345 AUD

ASX:JRL
Market: ASX
Market Cap: $13.41 m
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Jindalee Resources' Lindsay Dudfield talks plans to unlock value at its...

Jindalee Resources Ltd's (ASX:JRL) Lindsay Dudfield discusses with Proactive London's Andrew Scott the plans to advance its McDermitt US lithium project. Back in June they received encouraging metallurgical test-work results from the project which confirmed an increase in lithium head grade...

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