Skip to main content

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...
Post a Comment

Maiden Drilling Program Commencement at Eclipse’s Flagship Project

ECLIPSE METALS (ASX: EPM) (‘Eclipse Metals’ or the ‘Company’) begins its maiden drilling program at Ivigtût (also referred to as Ivittuut) and Grønnedal projects.


Earlier this year, the COMPANY’S multi-element ASSESSMENTS indicated various distinct REE mineralisation styles at Ivigtût and Grønnedal-Ika, ranging from light to heavy REE.


Eclipse Metals is the first company to test the REE and multi-element potential at Grønnedal and Ivigtût. The maiden drilling program will be conducted at approximately 2,000M, following up on REE targets, and is expected to complete in October. The previous tenement holders focused on exploring the Ivigtût cryolite deposit.


Surface Sampling Program


Previous SATELLITE IMAGERY ANALYSIS over Eclipse Metals SW Greenland multi-commodity Ivigtût Project further highlighted magnetic anomalism and coincident REE mineralisation areas.


ECLIPSE METALS is said to undertake a surface sampling program in areas of interest defined by remote sensing surveys and the proximity of the historical mine precinct. The findings have provided Eclipse with targets for further field-checking and sampling.


Investigation around Ivigtût will include sampling for remnant waste dumps to assess cryolite, fluorite base metal content, and outcrop areas to assess REE and lithium prospectivity.


ECLIPSE METALS’ Executive Chairman, CARL POPAL, has joined the Greenlandic drilling contractor and geologist on-site to oversee and report the progress.


Soon the exploration results will be published for the market. Visit the company WEBSITE for further details.


Resource Link


eclipse metals


Labels:
Location: Canada

Comments

Post a Comment

Popular posts from this blog

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...
Post a Comment
Read more

Platina Resources Limited signed a Joint Venture agreement with Chalice Mining for the Mt Narryer Gold Project

  PLATINA RESOURCES LIMITED  (ASX: PGM) (Platina or the Company) is a mineral resource exploration company based in Western Australia. The Company has inked a  JOINT VENTURE AGREEMENT WITH CHALICE MINING LIMITED , a mineral exploration and development company, to operate the Mt Narryer Gold Project. Terms of the Joint Venture Stage 1 earn-in : Initially, Chalice Mining will earn a  51% INTEREST  in the project by investing  AUD 600,000  within two years, which must include at least  AUD 150,000  in the first year Stage 2 earn-in : Chalice Mining can acquire an additional  24% INTEREST  in the project by investing an extra  AUD 1.8 MILLION  within the next two years Platina free cost carry : Once Chalice Mining has obtained a  75% INTEREST  in the Project, Platina Resources Limited will continue to be free cost carried until the Pre-Feasibility Study is completed Contribute & Dilute : After the Pre-Feasibility...
Post a Comment
Read more

Jindalee Resources Limited releases half-yearly financial report for the period ended on December 31st, 2022: Important facts and figures

  JINDALEE RESOURCES LIMITED   (ASX: JRL), (Jindalee, the Company), a mineral exploration company based in Western Australia, releases its   HALF-YEARLY FINANCIAL REPORT   for the period ended on December 31 st , 2022. The Company is aligned with its goals and working on its potential projects. Also, after the reporting period, Jindalee spun off the Australian lithium, nickel, and gold assets to focus on its core assets in the United States. Operations During the Period Jindalee Resources focused on the McDermitt Lithium Project in the United States during the half-year period. Drilling was executed to expand the existing resource base along with metallurgical test work, cultural surveys, and environmental baseline studies to reduce the risks associated with the project. The Company acquired an 80% stake in the Deep Well Nickel-Copper-PGE Project (Western Australia) and divested several non-core projects there. As part of its proposed exploration for early 2023, Jind...
Post a Comment
Read more