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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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Jindalee Resources Prefers Acid Leaching Testwork for Lithium Extraction

 JINDALEE RESOURCES LIMITED (ASX: JRL) (Jindalee or the Company) announces the preferred lithium extraction process for its 100% owned McDermitt Project.

Fluor Corporation (NYSE: FLR), an American multinational engineering and construction firm, completed the review of Jindalee’s metallurgical testwork undertaken at the McDermitt Lithium Project. A range of lithium extraction methods was analysed in the review.

Based on the review, acid leaching with beneficiation was the most economically viable option for the Project. However, to refine the preferred flowsheet, it is recommended that metallurgical testwork begins immediately. This will support further studies on the Project, incorporating the recently updated Mineral Resource Estimate (MRE).

About McDermitt Project

The McDermitt Lithium Project, located in SE Oregon, is 100% owned by HiTech Minerals Inc., a wholly owned, US-based subsidiary of Jindalee. It is one of the largest lithium deposits in the United States.

Potential Pathways for Lithium Extraction

Presently, two possible methods for extracting lithium from sedimentary deposits, like McDermitt, include sulphuric acid leaching of either whole or beneficiated ore and alkali salt (sulphation) roasting.

Sulphuric Acid Leaching with Beneficiation

JINDALEE initially focused on using beneficiation and sulphuric acid leaching, which closely aligns with the proposed processing approach of the Thacker Pass project situated in the vicinity.

Highlights of the acid leach testwork results include:




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