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Delta Lithium Limited ( (AU:DLI) ) just unveiled an announcement.
Delta Lithium Limited has provided an update on its Yinnetharra Lithium Project, revealing positive results from recent resource definition drilling and metallurgical test work at the Malinda Prospect. The company reported high-grade lithium findings and successful metallurgical tests, indicating the potential for high-quality spodumene concentrates with high recovery rates. The ongoing work aims to enhance resource confidence and secure necessary approvals, suggesting a promising outlook for future mining operations at the project.
More about Delta Lithium Limited
Delta Lithium Limited operates in the mining industry, focusing on lithium exploration and development. The company is primarily engaged in the Yinnetharra Lithium Project, located in the Gascoyne region of Western Australia, where it targets lithium mineralisation across a substantial area of 1,769 square kilometers. Delta Lithium is involved in both outright ownership and farm-in joint ventures to expand its reach within the region.
YTD Price Performance: 5.88%
Average Trading Volume: 565,917
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$129M
For a thorough assessment of DLI stock, go to TipRanks’ Stock Analysis page.