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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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Platina Resources To Commence Exploration At Beete And Brimstone Projects

Project Highlights

Brimstone Gold Project:

The Brimstone project is a high-potential advanced-stage gold exploration project located 40 km northeast of Kalgoorlie. The project includes six walk-up drill targets, including the Garibaldi prospect, comprising a historical drill intersection of 55m @2.07g/t Au. The Jammie Dodger prospect, too, includes a historical drill intersection of 22m @1.96g/t Au. Both prospects stay open in all directions. Historic assay on this project has focused on numerous holes and yielded high-grade gold mineralisation in the tenement. However, this work is yet to be followed up with an exploration campaign, and thus an opportunity.

Beete Gold Project:

The 139 km2 Beete project is located in a proven mineralisation province with various small gold mines. The Beete project tenement is south of Norseman and has seen historical reverse circulation drilling between 1958 and 1976. Aruma Resources and Meeka Gold have recently reported gold discoveries in the region bordering the Beete project, increasing the potential of the tenement.

Platina Resources’ Exploration Campaigns

PLATINA RESOURCES will commence a drilling program at the Brimstone gold project, stretching across a strike length of 10 km. Garibaldi prospect and the Jammie Dodger prospect are two critical targets that Platina Resources will be targeting during the program. The Garibaldi prospect includes a historical drill intersection of 55M@2.07/T AU, whereas the Jammie Dodger prospect includes a historical drill intersection of 22m@1.96g/t Au.

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