Delta Lithium - DLI (ASX) News & Expert Insights from Stockhead

Delta Lithium (ASX:DLI) is a Western Australian exploration and development company focused on advancing its high-quality gold and lithium projects.

The Company boasts a combined JORC-compliant lithium Mineral Resource of 36.5Mt @ 1.1% Li₂O across its portfolio, alongside a compelling gold resource of 10.3Mt @ 3.33g/t Au for 1.1Moz at the ‘shovel-ready’ Mt Ida Project.

Delta is entering a transformative phase as it progresses the high-grade gold asset at Mt Ida — positioning the project as a potential growth catalyst and strategic complement to its lithium development. The Mt Ida Project currently hosts JORC-compliant resources of 14.6Mt @ 1.2% Li₂O & 191ppm Ta₂O₅, alongside the 1.1Moz gold resource.

In parallel, the Company’s Yinnetharra Lithium Project in the Upper Gascoyne is emerging as a standout in one of Australia’s most promising lithium districts. An updated Mineral Resource Estimate released in March 2025 confirmed 21.9Mt @ 1.0% Li₂O and 75ppm Ta₂O₅ (JORC).

Delta Lithium is pursuing a clear development strategy across both projects, supported by a robust balance sheet and a highly experienced team. The Company remains focused on unlocking the full potential of its assets in the critical minerals sector.

KEY PEOPLE

Delta’s Managing Director, James Croser, is an experienced industry executive having worked in Western Australian mining operations, management & corporate roles for the last 30 years. James is a Mining Engineer by trade and co-founded Delta Lithium in 2020, after a successful stint as Executive Director with Spectrum Metals Ltd. He continues to lead the Company as it strives to develop its exciting package of WA assets.