Jindalee Resources Limited is pleased to advise that it has contracted Alford Drilling from Elko, Nevada to undertake a diamond core drilling program at Jindalee s 100% owned McDermitt Lithium.
Turmalina Delivers Further High-Grade Intercepts from In-Mine, Exploration and Resource Conversion Drilling tennesseedaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tennesseedaily.com Daily Mail and Mail on Sunday newspapers.
Drilling highlights include: 22.87 g/t Au over an estimated true width of 5.4m in Orebody CNW 13.54 g/t Au over an estimated true width of 6.4m in Orebody B 7.98 g/t Au over 5.2m in Pontal South 9.51
Why the Jindalee Resources (ASX:JRL) share price is rocketing 55% higher
James Mickleboro | April 9, 2021 10:09am |
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At the time of writing, the lithium developer’s shares are up 55% to $2.86.
Why is the Jindalee Resources share price zooming higher?
Investors have been buying Jindalee Resources shares this morning following the release of an announcement after the market close on Thursday.
That release relates to the 100% owned McDermitt Lithium Project in the United States and its mineral resource estimate.
According to the release, the company has updated its mineral resource estimate following the completion of drilling at the end of December.