Jindalee Resources jumps on strong drilling results at U.S. lithium project

Jindalee Lithium

18/01/2022 23:45

** Australian lithium and uranium miner Jindalee Resources
 JRL.AX  rises as much as 9.5% to A$3.23, its highest since
Sept. 16
    ** Says drilling results at McDermitt lithium project in
Orgeon, U.S. confirm "multiple significant intercepts" of the
mineral
    ** Says new results confirm mineralisation extension to the
north of the existing mineral resource
    ** JRL sees best day in over a week
    ** About 113,00 shares change hands, vs the 30-day average
of 57,700 shares
    ** JRL up 34% this year, as of last close

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))