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Delta Lithium Limited (ASX:DLI)

ALERT: Price-sensitive ASX Announcement for DLI
Current share price for DLI : $0.160 -0.02 (-11.11%)+
Announcement
Release
16 Jun 2026 8:53AM
Price at Release
$0.180
Full Release
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Summary
Delta Lithium Limited announced an update on exploration activities and the acquisition of tenements related to the Yinnetharra Lithium and Tantalum Project. The project, located in Western Australia, targets lithium mineralisation over a 2,300 km² area through wholly owned and joint venture agreements. The company reported assay results from recent drilling, highlighting a significant gold occurrence. An acquisition agreement has been reached with Reach Resources Limited to acquire several tenements, expanding their prospective lithium and tantalum mining area. The agreement includes a cash and stock payment to Reach Resources and terminates a previous joint venture agreement. Delta's exploration has identified tantalum-bearing pegmatites and other mineralisation styles such as tungsten-greisen and fluorite-veins within the Yinnetharra region.
Key Points
  • Delta Lithium's Yinnetharra Project focuses on lithium and tantalum.
  • The project spans 2,300 km² in Western Australia.
  • Delta agreed to acquire tenements from Reach Resources.
  • Recent assays show significant gold occurrences.
  • Exploration identified tantalum-bearing pegmatites.
  • Acquisition involves cash and stock payment to Reach Resources.
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.