Jindalee Lithium

Jindalee Lithium Limited ("Jindalee") is a public company with the primary objective of creating wealth for shareholders through the discovery of world-class mineral deposits. Since listing on ASX in July 2002 Jindalee shareholders have received priority entitlements to new listings divested from the Company including Dynamic Metals (ASX:DYM), Energy Metals (ASX:EME) and Alchemy Resources (ASX:ALY). In 2018 Jindalee discovered the McDermitt lithium deposit in Oregon, USA and in early 2023 the Company divested its Australian assets via Dynamic Metals to become a pure play US lithium company focussed on the McDermitt project. 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 the Company is dedicated to developing the project for the benefit of all stakeholders.