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

VRX Silica Sand Projects in Austrade Critical Minerals Prospectus 2022 Edition

VRX SILICA (ASX: VRX) ANNOUNCES the inclusion of Arrowsmith North and Muchea silica sand projects in the 2022 Australian Critical Minerals Prospectus published by the Australian Trade and Investment Commission (Austrade).

Senator The Hon. Don Farrell, the Minister for Trade and Tourism, launched the prospectus in Sydney, providing technical, commercial, and geological data on the Australian critical minerals projects to foster investment and accelerate development. The prospectus has recognition from foreign investors, Australian corporates, and the Australian government.

VRX Silica’s MD BRUCE MALUISH said,

“We are pleased that the Australian Government has recognised that silicon and silica sand are critical minerals. VRX has significant potential to address anticipated production shortfalls and build supply chain security as we progress to a carbon net zero future. “This publication will enable Austrade to actively promote the VRX silica sand products to foreign investors and potential buyers.”

Australian Critical Minerals Strategy

The Australian Government supports the development of critical minerals projects by releasing the ‘Critical Minerals Prospectus’ annually. The 2022 EDITION updates potential investment opportunities in critical minerals projects in Australia.

So far, 26 critical minerals have been identified that come under supply risk due to geological scarcity, geopolitical issues, trade policy, etc., and that are vital for the economic well-being of the emerging economies in the world.

The prospectus throws light on VRX SILICA’s Arrowsmith North and Muchea silica sand projects following the recent inclusion of Silicon (Si) on the Australian Critical Minerals List. 

Details such as mineral inventory, status, offtake agreement, mine life, product purity, etc., of both Arrowsmith North and Muchea projects are highlighted.

Resource Link

VRX Silica


Labels:
Location: Australia

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