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Delta Lithium Limited (ASX:DLI)

ALERT: Price-sensitive ASX Announcement for DLI
Current share price for DLI : $0.170 -0.075 (-30.61%)+
Announcement
Release
11 May 2026 8:45AM
Price at Release
$0.245
Full Release
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Summary
Delta Lithium Limited (ASX: DLI) has announced an exploration update for its Yinnetharra and Mt Ida Lithium Projects in Australia. At Yinnetharra, the company has identified significant potential for high-grade fluorite mineralisation, supported by rock chip assays and shallow drilling results that indicate the presence of fluorite across a large area. New mining lease applications have been submitted to explore the underground potential of the Malinda pegmatites. Concurrently, the Mt Ida project continues to deliver promising lithium, tantalum, and rubidium intercepts, enhancing resource confidence and paving the way for a scoping study. The company holds a strong cash balance, supporting ongoing exploration and development activities aimed at advancing these projects towards production.
Key Points
  • New mining lease application for underground potential at Yinnetharra.
  • High-grade fluorite mineralisation identified through assays and drilling.
  • Continued promising lithium, tantalum, and rubidium results at Mt Ida.
  • Strong cash position of $52.2M as of March 2025.
  • Scoping study planned for Mt Ida Project.
  • Ongoing exploration and project development 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.