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Delta Lithium Limited (ASX:DLI)

ALERT: Price-sensitive ASX Announcement for DLI
Current share price for DLI : $0.170 0.005 (3.03%)+
Announcement
Release
2 Oct 2025 8:59AM
Price at Release
$0.165
Full Release
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Summary
Delta Lithium Limited provides an exploration update on its Yinnetharra and Mt Ida Lithium Projects in Western Australia. The Yinnetharra Project covers over 3,100 km² in the Gascoyne Lithium Province and holds a mineral resource estimate of 21.9Mt at 1.0% Li2O. The company has identified six high-priority regional targets following extensive groundwork, including new tenure acquisitions. At Mt Ida, Delta has improved its mineral resource estimate to 14.6Mt at 1.2% Li2O. The report notes successful lithium drilling results, including significant intervals at Sister Sam and Timoni locations. Delta retains a strong financial position with a $56.8M cash balance as of September 2025. The company is advancing fieldwork and exploration activities to enhance these projects' potential.
Key Points
  • Yinnetharra Project covers over 3,100 km² in Western Australia.
  • Current Yinnetharra resource estimate: 21.9Mt @ 1.0% Li2O.
  • Mt Ida resource estimate: 14.6Mt @ 1.2% Li2O.
  • RC rig mobilized to test six high-priority targets at Yinnetharra.
  • Successful significant lithium intervals at Sister Sam and Timoni.
  • Cash balance of $56.8M as of September 2025.
  • Strong financial position and ongoing exploration activities.
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.