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Delta Lithium Limited (ASX:DLI)

ALERT: Price-sensitive ASX Announcement for DLI
Current share price for DLI : $0.195 0.03 (18.18%)+
Announcement
Release
28 Jul 2025 9:11AM
Price at Release
$0.165
Full Release
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Summary
The Quarterly Activities/Appendix 5B Cash Flow Report for Delta Lithium Limited details the company's exploration, operational, and corporate activities during the December 2023 quarter. The report highlights the ongoing progress at the Mt Ida and Yinnetharra Lithium Projects, including significant drilling results, resource updates, metallurgical test work, and project development milestones. The company also outlines changes in board and management, financial activities, and cash flows, including investments, expenditures, and placements. The report emphasizes Delta Lithium's continued focus on advancing its lithium projects, ensuring sufficient funding, and maintaining compliance with ASX listing rules.
Key Points
  • Significant progress at Mt Ida Lithium Project, including resource extensions and positive drilling results.
  • Yinnetharra Lithium Project saw extensive drilling with high-grade lithium intersections.
  • Metallurgical test work at both projects yielded encouraging results for lithium concentrate production.
  • Project development activities included environmental studies, permitting, and infrastructure planning.
  • Board and management changes were implemented to strengthen company leadership.
  • Financial overview covered exploration expenditure, administration costs, and positive cash position at quarter end.
  • Appendix 5B disclosed net cash flows, investments, and receipts, with sufficient cash reserves for ongoing activities.
  • Commitment to advancing both projects towards development and production while seeking new opportunities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.