Delta Lithium Limited (ASX: DLI) has reported a productive March Quarter for 2025, marked by significant upgrades to its Mineral Resource Estimates and continued development at its Yinnetharra and Mt Ida projects. At Yinnetharra, infill drilling at the Malinda Prospect and maiden drilling at Jameson delivered a 140% increase in the Indicated lithium MRE at Malinda, now totaling 16.1Mt @ 1.0% Li₂O, and a maiden Jameson MRE of 0.8Mt @ 1.66% Li₂O. The updated lithium MRE stands at 21.9Mt @ 1.0% Li₂O, with a 152% increase in tantalum content at Malinda.
Group-wide, Delta now holds a combined lithium resource of 36.5Mt @ 1.1% Li₂O and 54.0Mt @ 126ppm Ta₂O₅ across Yinnetharra and Mt Ida. A four-stage drilling program has been completed at Mt Ida, targeting an updated gold MRE of 752koz @ 3.5g/t, due in the June quarter. The company has also lodged a Works Approval for a proposed 1.5Mtpa gold processing plant and TSF, solidifying Delta’s path toward production.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
