Jindalee Resources Limited (ASX: JRL, OTCQX: JNDAF) is an exploration company with direct and indirect exposure to lithium, gold, base & strategic metals, iron ore, uranium, and magnesite through projects generated by the Company’s technical team, including the McDermitt Lithium Project in the US and the Widgiemooltha Project in Western Australia. 

Specifically, Jindalee is progressing the McDermitt Lithium Project, located in Malheur County, Oregon on the Oregon-Nevada border. The project is ~35km west of the town of McDermitt and is at the northern end of the McDermitt volcanic caldera. Current resource: Indicated + Inferred Mineral Resource: ~1.82 Bt @ 1,370ppm lithium (1,000ppm Li cut-off) for 13.3 Mt LCE. McDermitt is a low-cost mining operation. Typical drill cores consist of flat-lying sediments and soft, low strip ratio. It is amenable to low-cost mining and crushing and is in close proximity to major lithium customers. An extensive resource definition drilling program is underway seeking to upgrade Mineral Resources from Inferred to Indicated and add new resources. The company has now completed 10 diamond-drilled holes and 11 reverse circulation (RC) holes, with assays received for MDD020 to MDD023 so far.