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Jindalee Resources Ltd.

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Summary

Project:

McDermitt

Deposit:McDermitt
Location:United States
Commodities:Lithium
Date:11/6/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:6-11-2019: Jindalee Resources Ltd. announces an Exploration/Drilling Update report for its McDermitt deposit at the McDermitt project. Drilling results incl. 50m @ 1640ppm Li from 120m. Jindalee Resources Limited (‘Jindalee’) is pleased to announce final
Resources:x
CP/QP:[Overall Report]: Pip Darvall (Internal)
ABSTRACT:Jindalee Resources Limited (‘Jindalee’) is pleased to announce final assay results have been received from its recent drill program at its 100% owned McDermitt lithium project. The intercepts from holes MDD-011 and MDD-013 confirm lithium mineralisation extends more than a kilometre further west of the previous known extent in hole MDD-002 (Figure 1). The thickness of lithium mineralisation observed is also considerable (Figure 2). Once again, both the additional extent and thickness of the lithium mineralisation observed is positive for a significant increase in the existing Exploration Target Range of 160-780 Mt @ 1300-1600ppm Li 1 . These results complete the data required for the next stages of work with estimation of an updated Exploration Target underway, with further updates on project progress to follow as they are received.

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