Jindalee Resources (ASX:JRL) Reaches Key Milestones in September 2020 Quarter

  • October 29, 2020 02:31 PM AEDT
  • Team Kalkine

Jindalee Resources Limited (ASX:JRL) has released its activities report for the September 2020 quarter. During the period, the company attained several significant milestones with regards to its US lithium project, McDermitt.

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Jindalee Resources’ September quarter achievements included:

  • Approval secured to drill 21 new drill holes at the McDermitt project
  • More highly encouraging metallurgical test results reported from McDermitt
  • McDermitt’s strategic value highlighted by Tesla at the Battery Day
  • Placement activity completed to raise $1.23 million
  • Karen Wellman appointed as Jindalee’s CEO, effective 12 October

As at 2:06 PM AEST on 29 October 2020, JRL traded at $0.735.

 


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