Jindalee Resources Ltd (ASX:JRL) has fielded several shallow intercepts of high-grade lithium mineralisation, generated in an infill drilling program designed to improve confidence in the McDermitt Lithium Project’s resource estimate.
Situated in Oregon, US, McDermitt already holds a JORC-compliant resource estimate of 1.82 billion tonnes at 1,370 parts per million lithium for 13.3 million tonnes of lithium carbonate equivalent.
The company has now completed 10 diamond-drilled holes and 11 reverse circulation (RC) holes, with assays received for MDD020 to MDD023 so far.
Latest lithium assays
Results from MDD022 and MDD023 in parts per million lithium include:
MDD022:
- 34.5 metres at 1,609 ppm lithium from 15.4 metres, including 5.2 metres at 2,537 ppm from 42.8 metres;
- 29.2 metres at 1,503 ppm from 55.6 metres, including 7.1 metres at 2,334 ppm from 77.7 metres; and
- 9.7 metres at 1,243 ppm from 87.9 metres.
MDD023:
- 23.8 metres at 2,174 ppm lithium from 2.1 metres, including 15.0 metres at 2,508 ppm from 2.1 metres;
- 32.4 metres at 1,702 ppm from 32.7 metres; and
- 18.2 metres at 1,548 ppm from 83.2 metres.
Plan view of the McDermitt Lithium Project with drill collars and 2022 mineral resource.
Assays for 17 more drill holes are still pending, with results to be released as they become available.
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