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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...

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...

Platina’s Maiden Phase Of Exploration To Commence At The Brimstone Gold Project, Western Australia

  PLATINA RESOURCES  (ASX: PGM) is a gold-focused explorer with a keen interest in major precious metals in the world-class provinces of Western Australia. As per the   RECENT ANNOUNCEMENT   made on March 1 2023,   PLATINA RESOURCES   is preparing for the first round of exploration at its  BRIMSTONE PROJECT IN WESTERN AUSTRALIA . Managing Director Mr Corey Nolan authorised the announcement. He said, “A number of the  NEW TARGETS  have been historically drilled to shallow levels, including Old Camp and Garibaldi, which has a historical intersection of  55M @ 2.07 G/T GOLD AND 34M @ 2.80G/T GOLD . Drilling is planned to test the depth and strike potential of the system.” Managing Director Corey Nolan also added that a  GEOPHYSICS REINTERPRETATION AND REVIEW OF HISTORICAL DATA  helped define priority drilling targets. The Phase 1 gold drill program will commence once  CULTURAL HERITAGE  and other statutory clearance...

Platina Resources Limited Publishes Its Half-Yearly Interim Financial Report For The Period Ended On December 31st, 2022

PLATINA RESOURCES LIMITED  (ASX: PGM), (PGM or Company) is a gold-focused mineral exploration company based in Perth, Western Australia. The Company has released its  INTERIM FINANCIAL REPORT  for the half-year period ended on December 31st, 2022. The report states the Company has preserved shareholder value by advancing its projects through exploration, feasibility, permitting, and monetising through joint ventures, sales, or development. Income Statement of the Company During the Period The Company operates predominately in mineral exploration zone and has only a reportable geographical segment, Australia. The revenue of Platina Resources during the half-year period that ended on December 31st, 2022, was  AUD 0.01 MILLION  and incurred net losses of  AUD 6.31 MILLION . Financial Position of the Company During the Half-Year Period ·          According to the interim financial report, Platina Resources has nea...

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 ...

Going for Gold: Platina Resources Shares a New Investor Presentation

  PLATINA RESOURCES LTD (ASX: PGM)  (Platina or “Company”) is a Western Australia-based company focused on advancing metal projects through exploration. Platina’s gold-focused portfolio includes five projects in Australia and shares investments in four listed companies. Platina has recently shared a  NEW INVESTOR PRESENTATION  which highlights the Company’s development across various projects and assets. This article highlights everything you need to know about Platina Resources’ latest investor presentation. Platina Resources Financial Standing As of August 15, 2022, the Platina share price showed a 52-week high of  AUD 0.08 AND A LOW OF AUD 0.025 . Since its listing in May 2006, Platina has issued  523 MILLION SHARES . Platina has a market capitalisation of  AUD 16.7 MILLION  and currently ranks  576TH OUT OF 912  companies in the Basic Materials sector. As of August 12, 2022, Platina had  AUD 4.7 MILLION  in investments and...