Proactive Investors - Run By Investors For Investors

Jindalee Resources a ‘project-generator’ for multiple mineral commodities

Jindalee Resources Ltd (ASX:JRL) managing director Pip Darvall speaks to Proactive Investors about the exploration company’s diverse asset portfolio spanning myriad commodities across multiple projects in Australia and the United States.

The company is exploring for gold, magnesite, iron ore, base metals, diamonds and uranium across three Australian states and territories, as well as recently acquiring two lithium prospects in the US.

“You could probably call us a ‘project generator’ type company,” Darvall says.

He continues, “We tend to generate projects internally, [there’s] a lot of geological capability in the company, and when we feel we’ve got it to a certain point we look for a partner.”

The company funds its own activities through several farm-outs and has never had to go back to market for funds since it listed.

View full JRL profile View Profile

Jindalee Resources Ltd Timeline

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use