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.

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.

Disclaimer

The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. (Kalkine Media) A.C.N. 629 651 672. The principal purpose of the content on this website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.