Jindalee Ressources ISIN: AU0000309577 Forum: Aktien User: Di2

PRE-FEASIBILITY STUDY (PFS) The McDermitt PFS commenced in June 2023 with leading global EPCM company Fluor Corporation appointed as lead engineer and Michael Elias engaged as the Company’s Study Manager. Fluor has extensive experience with US sediment hosted lithium deposits and has assembled a team of highly credentialled metallurgists and engineers to work on the study. Fluor is also managing the metallurgical testwork program being undertaken concurrently with the PFS. In early December 2023 Jindalee advised the appointment of Ian Rodger as Chief Executive Officer, commencing mid-January 20242. Ian is an experienced mining engineer and will lead the delivery of the McDermitt PFS. Additional study work is underway with US West Coast based engineering firms for supporting works including pit geotechnical, mine waste and tailings storage management, hydrology and water supply and grid power supply. In addition, discussions are underway with a mine planning engineering consultancy with contract award targeted for early in the new year. The PFS will also leverage the baseline environmental studies and Native American heritage investigations undertaken for the Exploration Plan of Operations (refer below). Work is progressing well with several preliminary deliverables already having been received. The PFS is expected to continue through until mid-2024, subject to the timing of metallurgical test results, site investigations and approvals.