CAPITAL MARKETS

Jindalee backed for its US lithium work

JINDALEE Resources is set to raise A$9 million for its McDermitt and Clayton North lithium prospects in the US, as well as its gold and nickel exploration efforts in Westen Australia.

 Jindalee drilling at McDermitt, USA

Jindalee drilling at McDermitt, USA

The new equity is priced at $1.50 per share.  Jindalee is working on a new resource for McDermitt, which currently stands at 150 million tonnes grading 2000 parts per million lithium, with a previous...

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