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McDermitt lithium project, US

Image of schematic section across the McDermitt deposit, in the US

Schematic section across the McDermitt deposit with significant intercepts greater than 1,000ppm. 2020 drill collars are in yellow

15th October 2021

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
McDermitt lithium project.

Location
Malheur County, on the Oregon-Nevada border, in the US.

Project Owner/s
Jindalee Resources.

Project Description
A preliminary scoping study completed in September 2021 has confirmed the potential of McDermitt to support a viable lithium mining and processing operation, and reinforce the significance of the project as a possible long-life source of future supply to the US battery industry.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
No operational or financial metrics have been given, owing to regulatory constraints.

Planned Start/End Date
Not stated.

Latest Developments
Infill drilling and metallurgical testwork are planned for the fourth quarter of 2021, and are expected to allow for the publication of more detailed project metrics mid-2022.

Key Contracts, Suppliers and Consultants
GR Engineering Services (process engineering, capital and operating cost estimation); Cube Consulting (mining consultant); and MineGeoTech (geotechnical assessment).

Contact Details for Project Information
Jindalee Resources, tel + 61 8 9321 7550 or email enquiry@jindalee.net.

Edited by Creamer Media Reporter

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