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Jindalee backed for US lithium work

Jindalee Resources is set to raise A$9 million for its McDermitt and Clayton North lithium prospects in the US, as well as its gold and nickel exploration efforts in Western Australia.

Michael Quinn
Jindalee Resources drilling at McDermitt in Oregon, USA

Jindalee Resources drilling at McDermitt in Oregon, USA

The new equity is priced at $1.50 per share.  Jindalee is working on a new resource for McDermitt, which currently stands at 150 million tonnes grading 2000 parts per million lithium, with a previous...

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