Delta Lithium Limited · ASX:DLI
Delta Lithium — 2023 Noosa Mining Investor Conference
27 slides from Delta Lithium's conference presentation, Jul 21, 2023
Slide 1: Fast-tracking development of our West Australian lithium assets
For personal use only Fast-tracking development of our West Australian lithium assets 2023 Noosa Mining Investor Conference Charles Hughes Chief Geologist July 2023 ASX: DLI
Slide 2: Corporate Overview - Corporate Snapshot
Corporate Overview Corporate Snapshot Market Cap Cash For personal use only $491.5m (at $0.942) ~$52m as at 31 Mar (+$46.4m raise) Shares on Issue Options 521.8m 37.7m Delta Lithium is focused on rapidly advancing the Mt Ida Performance Rights Major Shareholders Lithium Project towards production, w
Slide 3: The five key pillars to the growth and success of Delta Lithium
For personal use only The five key pillars to the growth and success of Delta Lithium
Slide 4: Mt Ida Lithium Project
1 For personal use only Mt Ida Lithium Project • Maiden resource delivered in September 2022 • Begin mining by Christmas 2023
Slide 5: Mt Ida Lithium Project - Growth
Mt Ida Lithium Project - Growth • First year of lithium exploration delivered a 12.7Mt resource, 6 new priority targets For personal use only • Prioritising conversion of resources from Inferred to Indicated & measured • Fantastic results from infill and extensional drilling this year at the Mt Ida
Slide 6: Mt Ida Lithium Project: Exceptional results outside existing resource
Mt Ida Lithium Project “Exceptional results outside existing resource” For personal use only
Slide 7: Mt Ida Lithium Project: Significant intercepts at Sister Sam & Timoni
Mt Ida Lithium Project For personal use only “Significant intercepts at Sister Sam & Timoni deposits”
Slide 8: Delta and Mid West Ports Authority MOU cooperation agreement
For personal use only Delta and Mid West Ports Authority (MWPA) have an MOU cooperation agreement that will accommodate the potential export of both DSO and concentrate products, which would likely be from berth 4 pictured to the left.
Slide 9: Yinnetharra Lithium Project
2 For personal use only Yinnetharra Lithium Project • Discovery of a new Lithium district • Tier one Lithium project potential
Slide 10: Yinnetharra Lithium Project - Overview
Yinnetharra Lithium Project - Overview For personal use only • One of the most exciting Lithium exploration projects in Australia • The Yinnetharra Lithium Project covers a very large area of 575km2 within the Gascoyne region of Western Australia • The Malinda Prospect located within the Yinnetharra
Slide 11: Yinnetharra Lithium Project - Malinda Prospect
Yinnetharra Lithium Project - Malinda Prospect • Six well defined pegmatites at Malinda • Mineralisation is present from surface to a depth of at least For personal use only 350 m • Two of these pegmatites have consistent mineralisation over 1.5km and open • Exciting early shallow and wide initial i
Slide 12: Malinda Prospect cross section of pegmatites
For personal use only “iN M47 M42 M36. M20 Mi s> Projected onto section 500m from the south YRRDOIO YRRDOOS 15m @ 1.28% Li,O 200mbs MIXED SEDIMENT AND YRRDON pe Pee Ceo MAFIC PACKAGE 20m @ 1.3% Li, GRANITE YRRDII4 YRRDI8 19m @ 1.6% Li,O. 33m @ 1.9% Li,O from 180m from 218m seals 1.5km ueraeRaEeION M
Slide 13: Malinda Prospect - Metallurgical testwork
Yinnetharra Lithium Project - Malinda Prospect For personal use only • Preliminary Metallurgical testwork underway for Yinnetharra • XRD on these met samples indicates spodumene is the only lithium species present • Coarse spodumene drilled at YNRD005 from the M1 pegmatite 124.74 – 133.85m 19.1m @ 1
Slide 14: Yinnetharra Lithium Project - Jamesons Prospect
Yinnetharra Lithium Project - Jamesons Prospect For personal use only • 20km to the west of the Malinda Prospect. • Discovered as part of first pass regional mapping • more than 20 pegmatites mapped at the Jamesons Prospect with only very limited sampling completed to date. • Assays received of the
Slide 15: A team that delivers mines
3 For personal use only A team that delivers mines • Converting these projects into mines will drive huge growth in the company
Slide 16: Our People
For personal use only Our People
Slide 17: Catalysts for growth
4 For personal use only Catalysts for growth • Speed to market • Major news flows • Excellent market fundamentals
Slide 18: Upcoming news flow and milestones
• Major drilling program at both • Maiden Resource at Yinnetharra projects – surprise For personal use only • Resource update Mt Ida Q3 2023 • Start Drilling Jameson’s Q1 2024 • Mining Proposal grant – Q4 2023 • Feasibility Study Mt Ida Con Q2 • Scoping Study Mt Ida Con. Q4 23 2024 • Lithium market
Slide 19: Global Lithium Demand vs Feedstock Supply Forecast
Global Lithium Demand vs Feedstock Supply Forecast => = 6,000 + (e) 5.500 |) Operating — Demand o , MM) Highly Probable Hn 5,000 M§ Probable =) 4,500 + . —_w 4000 | Ml Possible oy 4 Hl Brownfield Expansion 5 3 a 00)" Hl Care and Maintenance NE 3,000 + 8 Secondary supply oe 2,500 4 So 4 og 2,000 -* 1
Slide 20: Geographic and raw material market shares - 2016, 2022, 2030
Geographic and raw material market shares - 2016, 2022, 2030 For personal use only Source: UBS and internal analysis
Slide 21: Independent verification
5 For personal use only Independent verification
Slide 22: Independent verification: major shareholders and support
• Major cornerstone placement by Idemitsu – a global top 200 company For personal use only • Mt Ida is in the Lithium Corridor of Power • Multiple Major global players in this region with consolidation underway • Waratah Capital another major shareholder • Mineral Resources and Hancock both on the r
Slide 23: Summary
Summary Five key pillars to the growth and success of For personal use only Delta Lithium 1. Mt Ida – near term production – DSO optionality 2. Yinnetharra – Large scale project – Tier 1 project opportunity 3. A team that delivers mines – over and over again 4. Catalysts for growth – speed to market
Slide 24: Appendices - Mineral Resources
Appendices – Mineral Resources For personal use only Li2O Ta2O5 Cut-off Resource Category grade (Li2O%) Tonnes Grade Li2O Grade (Mt) (Li2O%) (Kt) (Ta2O5 ppm) Indicated 3.3 1.4 46 246 Inferred 0.55 9.3 1.1 102 193 Total 12.7 1.2 148 207 Refer ASX release titled “Mt Ida Maiden Lithium Resource 12.7Mt
Slide 25: WA Lithium Projects
For personal use only WA Lithium Projects
Slide 26: Our Business Partners
Our Business Partners For personal use only
Slide 27: Board of Directors
For personal use only Board of Directors David Flanagan Executive Chairman James Croser Non-Executive Director Tim Manners Non-Executive Director Nader El Sayed Non-Executive Director Key Management Personnel Jeremy Sinclair Chief Operating Officer Daniel Taylor Chief Marketing Officer Charles Hughe
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