March Quarter Highlights
- Binding Farm-In Joint Venture Agreements executed with
o As a result of the transactions Delta's footprint in the emerging Gascoyne lithium province has increased by more than 30% to 1,769km2
- Continued exploration success at Yinnetharra and Mt Ida with high-grade intercepts further building Delta's confidence in the Company's geological models.
- Drilling results from the
o 30m @ 1.9% Li2O from 199m in YRRD0362 at M36
o 30m @ 1.43% Li2O from 183m in YRRD0361 at M36
o 24.2m @ 1.4% Li2O from 177m in YDRD038 at M1
- Infill gold drilling results from the
o 3m @ 41g/t Au from 87m in MNGC087 at Meteor North
o 2.4m @ 51.6g/t Au from 55.6m in AURD026 at Meteor North
o 15m @ 6.17g/t Au from 42m in MNGC154 at Meteor North
- Heritage Survey Completed at the Jameson Prospect with drilling underway.
Commenting on the quarter, Managing Director of Delta Lithium, Mr
"The first quarter of 2024 has delivered ongoing solid results across our main project streams. Our confidence in the orebodies at Yinnetharra and Mt Ida continue to grow with each round of drilling results we receive. Delta's presence in the Gascoyne region is rapidly growing and our recently established joint ventures with
"The newly acquired land package increases the likelihood of a regional scale project which all shareholders can benefit from and builds upon the significant potential for a long-life lithium operation. Delta's experienced team and expertise, working closely with our new partners, will support the realisation of our strategy."
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