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Jindalee Resources Ltd

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.

Quick facts: Jindalee Resources Ltd

Price: $0.34

Market: ASX
Market Cap: $11.9 m
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Jindalee Resources execs on the ground as it gets ready to drill at...

Jindalee Resources Ltd (ASX:JDL) Managing Director Pip Darvall tells Proactive Investors the company's drilling program at the McDermitt Lithium Project in the southwestern part of the United States is all set to begin in July. Darvall talks through the planned drill program, and says the...

on 9/7/19

2 min read