Jindalee Resources Limited provided the following update on developments with respect to its US lithium assets, the most advanced of which is the McDermitt Lithium Project in Oregon. The Mineral Resource was estimated using a cut-off grade of 1,750ppm Li, which is considered appropriate in the context of similar projects and based on an assessment of the likelihood of future economic extraction as required by the JORC (2012) Code. The entire Inferred Mineral Resource sits within 100m of surface and is flat lying, both positive factors for future project economics. Furthermore, analysis of the grade tonnage distribution of the McDermitt resource model highlights the potential for additional material available at lower grades. On 14 December 2020 Jindalee announced that it had cut short drilling at McDermitt after members of the drilling crew tested positive for COVID-193. The Company is pleased to advise that all of Jindalee's US geological team tested negative for COVID-19 and were able to return home for Christmas. The drilling program was designed to extend the current Inferred Mineral Resource1 and Exploration Target Range1 and convert existing Inferred Mineral Resources to Indicated status ahead of a possible Scoping Study. Fifteen holes of the 21-hole proposed program were completed in November-December 2020, with the drilling intersecting up to 185m true thickness of the target sediments hosting the lithium mineralisation at the Project3. The density of the completed holes expected to be adequate to achieve most of the original aims of the program. All samples from the program have been submitted for analysis. Laboratories in the US are experiencing long delays and Jindalee has been advised that initial assay results should be received late January. Results will be announced as soon as they become available. Metallurgical testwork to date has been very encouraging, indicating high lithium recoveries from conventional sulphuric acid leaching at low temperature and atmospheric pressure. In August 2020 Jindalee announced that beneficiation of McDermitt ore via attrition scrubbing at 20% solids had increased the lithium content in the <0.01mm fraction by more than 50% (from 0.22% to 0.34%) and had reduced carbonate to 3.0% (from 6.3%) and removed approximately 90% of the analcime2. Further testwork designed to quantify the leaching characteristics of the beneficiated ore is well advanced with first results expected later this month.