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ASX:JRL

Jindalee Resources Ltd

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Market:
ASX
Market Cap:
$142.05 m
Price
2.66 AUD
Change
-11.63%
52 weeks high
4.05
52 weeks low
0.38

In brief

Jindalee Resources Limited (ASX:JRL) is an exploration company with direct and indirect exposure to lithium, gold, iron ore, uranium and magnesite through projects generated by its technical team.

The company’s strategy is to acquire prospective ground inexpensively, add value through low-cost exploration and introduce partners to assist in funding further progress, or fund this activity via a dedicated company in which Jindalee retains a significant interest.

Jindalee owns 100% of the flagship McDermitt Lithium Project which is spread over 34 square kilometres and has the potential for long-life, low-cost mining operations.

Snapshot

  • Jindalee Resources has drill spinning at Clayton North Lithium Project in US
  • Jindalee Resources forges ahead with McDermitt Lithium Project scoping study and plans Clayton North lithium exploration drilling
  • Jindalee Resources talks McDermitt scoping study and drill plans