Jindalee Resources Encounters Big McDermitt Lithium Hits

THE DRILL SERGEANT: Jindalee Resources (ASX: JRL) reported assay results from six diamond core drillholes completed late in 2021 at the company’s 100 per cent-owned McDermitt lithium project in the USA.

Jindalee Resources claimed the results include some of the thickest intercepts of lithium mineralisation it has reported at the project to date.

The drilling encounters multiple zones of mineralisation in each hole drilled with some highlights being:

MDD014
15 metres at 1889ppm lithium from 10m
9m at 1241ppm lithium from 29.5m
38m at 1751ppm lithium from 43m, including 3m at 3805ppm lithium

MDD015
21m at 1952ppm lithium from 24m, including 3m at 3065ppm lithium
10.5m at 1281ppm lithium from 54m
9m at 1435ppm lithium from 79.5m

“The drilling confirms significant mineralisation near surface, over large thicknesses and with excellent grade continuity,” Jindalee Resources said in its ASX announcement.

“Importantly, these diamond drill holes have encountered several higher-grade zones (>3000ppm lithium) within the Mineral Resource, reinforcing the potential scalability of the project.”

Jindalee indicated it is currently planning for its next phase of drilling to be carried out in 2022 with all drill permits in hand.

The remainder of the drilling will focus on investigating the untested mineral potential across the project’s western tenure and look for opportunities for higher grade material.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: enquiry@jindalee.net

 

Web: www.jindalee.net