Delta Lithium Acquisition Update and Exploration Results
Key points
- Delta Lithium acquired additional tenements in Yinnetharra.
- No significant lithium grades found in recent drilling.
- Gold occurrence identified at Mason's site.
Full summary
Delta Lithium Limited has acquired additional tenements in the Yinnetharra Lithium and Tantalum Project, expanding its project area to 2,300km2. The acquisition includes the Talisker, Fireball, Aberlour, Cirka, and Tomahawk prospects. Recent drilling results did not yield significant lithium grades, but a gold occurrence was identified at Mason's site with a result of 2m @ 5.69 g/t Au from 96m. The company continues to explore the area for multiple mineralisation styles, including lithium, gold, fluorite, and tungsten anomalies.
Outlook
The company plans to continue exploration activities at Yinnetharra, aiming to build on the current JORC Resources and identify new targets.
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