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Lindsay Dudfield, Executive Director and CEO of Jindalee Resources Limited, Executed MOU with POSCO Holdings For Joint Research At McDermitt Lithium Project

JINDALEE RESOURCES LIMITED  (ASX: JRL) (Jindalee, the Company) is an Australian exploration company with Tier 1 lithium deposits in its portfolio in the United States. The Company’s core goals are to discover world-class mineral deposits and generate shareholder wealth. The United States is one of the largest marketplaces for lithium demand, and Jindalee is a leading company committed to help meet future demand. The Company is focussing efforts into developing its McDermitt lithium deposit. Jindalee Resources was listed on the Australian Securities Exchange (ASX) on 11th July 2002 and raised AUD 2.70 million. Now, it is a pure-play United States lithium company. Jindalee’s Projects: In June 2018, the Company acquired McDermitt and Clayton North, two lithium sediment projects in the United States. Both projects are 100% owned by HiTech Minerals Inc., a wholly owned, US-based subsidiary of Jindalee. Several factors attracted the Company’s interest in these projects including: Potenti...
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Well Drill Program and Renewed Credit Facility by Calima Energy

 Post the Russia-Ukraine war, Energy drilling in Australia has slowed down. However, to boost their oil production, Calima Energy announced their 4 Well Drilling Campaign in Brooks. In the initial days of 2022, the honourable President and CEO of BLACKSPUR OIL CORPORATION, MR JORDAN KEVOL, stated its 4 Well Drill Program and Renewed Credit Facility stating that:

“The Company has officially kicked off its post-spring break-up drilling program. The wells scheduled for Q3-2022 are getting a head start based on favourable weather conditions and the availability of a preferred drilling rig. Drilling is anticipated to take 6 weeks for the 4 wells, and the first production is expected from the Gemini wells by 31 July as the wells are on lease tie-ins.”

Camila Energy Has Started Its Four-Well Drilling Program

After the success of Gemini #5 in the first quarter of 2022, Gemini #8 has been spudded and has continued the drilling process for ten days up to 670 meters deep. The commencement of drilling the Gemini #9 will start in mid-June and will continue for the next eight days with a length of 1050 meters. It is a follow-up to Gemini #3, which was spudded during July 2021. Both the wells, Gemini #8 and #9, are spudded in Brooks with a Sunburst formation.

The anticipated spudding time for Pisces #4 and #5 is considered somewhere in late June or early July, which will continue for almost nine consecutive days. The drilling length of Pisces #4 is somewhere around 1650 meters, whereas the drilling length of Pisces #5 is somewhere around 1415 meters. These wells are the follow-ups of the Glauconitic wells that Blackspur drills.

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camila energy


Location: Canada

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