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Jindalee Lithium (ASX: JLL) (formerly Jindalee Resources) is a public company with the primary objective of creating wealth through the discovery of world-class mineral deposits. Early 2023 Jindalee divested its Australian assets via Dynamic Metals (ASX: DYM) to become a pure play US lithium company focussed on its 100% owned McDermitt Lithium Project in Oregon, USA.
In February 2023 Jindalee announced an Indicated and Inferred Mineral Resource at McDermitt of 3,000Mt @ 1340ppm Li for a total of 21.5Mt LCE (at a cut-off of 1000ppm Li), making McDermitt the largest lithium deposit in the USA by contained lithium.
McDermitt has the potential to be a low-cost, long-life source of lithium vital for the electrification of North America and Jindalee is dedicated to developing the Project for the benefit of all stakeholders.
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