Delta Lithium Limited · ASX:DLI
Delta Lithium — Investor Presentation (February 2025)
22 slides from Delta Lithium's investor presentation, Feb 13, 2025
Slide 1: Corporate Presentation – Bell Potter Unearthed
CORPORATE PRESENTATION BELL POTTER UNEARTHED FEBRUARY 2025
Slide 2: Corporate Overview
CORPORATE OVERVIEW CAPITAL STRUCTURE SHARES ON ISSUE 716.5M PERFORMANCE RIGHTS 14.8M OPTIONS 12.0M ABN: 67 107 244 39 ASX: DLI MARKET CAP A$125.4M1 deltalithium.com.au CASH A$70.7M2 ENTERPRISE VALUE A$54.7M 42.1% RESEARCH COVERAGE PROVIDED BY: 1.5% MAJOR 10.7% BOARD SHAREHOLDERS & MGMT 23.0% 10.7% 1
Slide 3: Board and Key Management
BOARD AND KEY MANAGEMENT PROVEN EXPERIENCE IN PROJECT DELIVERY Nader El Sayed James Croser Non-Executive Chairman Managing Director • Current Managing Director of • 25+ years operational, Multiplant Holdings – a mining technical and management and civil services provider experience in the Australian
Slide 4: Rapid Development of Western Australian Assets
RAPID DEVELOPMENT OF WESTERN AUSTRALIAN ASSETS Our Team Major Shareholders Location Two JORC Lithium Resources Experienced resource professionals Substantial investments by proven lithium Global 40.4Mt @ 1.1% Li2O with Life of Mine vision miners, multinationals and investors WA the Hard-rock Lithium
Slide 5: Mt Ida Lithium & Gold Project
MT IDA LITHIUM & GOLD PROJECT VALUE CREATION IN THE GOLDFIELDS DELTA LITHIUM | CORPORATE PRESENTATION FEBRUARY 2025 5
Slide 6: Mt Ida Project
MT IDA PROJECT Unique Deposit Geology – Lithium & Gold adjacent High-grade LCT pegmatites at Sister Sam, Timoni & Sparrow Li 14.6Mt @ 1.2% Li2O for 433kt LCE includes Indicated Resources of 7.8Mt @ 1.3% Li2O & 224ppm Ta2O5 AND… High-grade lode Gold in a Proven Gold District 6.6Mt @ 3.5g/t Au for 752
Slide 7: Mt Ida Gold Resource
MT IDA GOLD RESOURCE High-grade Mineral Resource – Mt Ida is one of the very few, large, high-grade undeveloped gold projects in WA Significant Exploration Upside – RC & Diamond drilling underway to extend current resources and test highly prospective regional targets World-class Location – Tier 1 l
Slide 8: Mt Ida Gold Resource Extensions
MT IDA GOLD RESOURCE EXTENSIONS Targeted Gold drilling has commenced 4-Stage program 3540,000m RC & DD Target Baldock MRE extensions & high-grade shoots, then regional Seeking to build ‘stand-alone’ scale MRE update 2Q25 Potential to extend program to complete infill drilling DELTA LITHIUM | CORPOR
Slide 9: Mt Ida Recent Gold Results
MT IDA RECENT GOLD RESULTS Numerous results1 outside the current MRE 3m @ 18.2 g/t Au from 283m in IDRD364 6m @ 13.4 g/t Au from 91m in IDRD389 Including 3m @ 25.1g/t Au from 92m 1.2m @ 10.1 g/t Au from 410.5m in IDRD333 7m @ 2.9 g/t Au from 17m in IDRD368 2m @ 9.3 g/t Au from 83m in IDRD309 1m @ 6.
Slide 10: Baldock Metallurgy
Underground 090,100,110 Lodes 086 Lodes BALDOCK METALLURGY Underground Master Grind Size (P80) Calc head grade Gravity 24-hr Au Extraction 086 Open Pit & Grind Size (P80) Calc head grade Gravity 24-hr Au Extraction Composites Gold (%) Underground Gold (%) micron (g/t) (%) micron (g/t) (%) Grind-size
Slide 11: Mt Ida Gold Regional
MT IDA GOLD REGIONAL Numerous high-grade gold intercepts along +20km perimeter of Copperfield Granite Strategic geographical position in the Eastern Goldfields corridor 6+ processing plants within 200kms 12,000m regional RC is stage 4 of current program ‘Walk-up’ targets along strike/dip of existing
Slide 12: Yinnetharra Lithium Project
YINNETHARRA LITHIUM PROJECT GROWING A DISCOVERY IN THE EMERGING GASCOYNE PROVINCE DELTA LITHIUM | CORPORATE PRESENTATION FEBRUARY 2025 12
Slide 13: Yinnetharra Lithium Project
YINNETHARRA LITHIUM PROJECT A SOLID BEGINNING AT YINNETHARRA Delta is centre-stage in a newly emerging Gascoyne Lithium Province Maiden JORC Lithium MRE at Malinda 25.7Mt @ 1.0% Li2O (at a 0.5% Li2O cut off)1 Li Cut-off Li2O Ta2O5 Resource grade Tonnes Grade Li2O Grade category (% (Ta2O5 (Li2O%) (Mt
Slide 14: Malinda Prospect
MALINDA PROSPECT Cut-off Li2O Ta2O5 grade Tonnes Grade Grade (ppm (Li2O%) (Mt) (% Li2O) Ta2O5) Three main LCT pegmatites M1, M36, M47 – all with M1 0.5 16.0 1.0 47 excellent widths and high-grade lithium assays M36 0.5 5.0 0.9 71 M47 3.3 0.9 108 Mineralisation is present from surface to a depth of a
Slide 15: Yinnetharra Lithium Project – Ongoing Exploration Program
YINNETHARRA LITHIUM PROJECT Ongoing Exploration Program CY2024 drill program +130,000m drilled Malinda infill & resource definition Step-out exploration drilling around Malinda Regional prospects including Jamesons, Calypso, Talisker Regional field work commenced CY2025 including soil sampling and m
Slide 16: The Delta Strategy
THE DELTA STRATEGY STRONG FOCUS ON CAPITAL ALLOCATION & CASH PRESERVATION BUILDING UPON CONFIDENCE AT YINNETHARRA GOAL IS TO DEVELOP AN OPERATING MINE MOVING TOWARDS MONETISING GOLD TO FUND GROWTH OPEN TO ACQUISITIONS THAT COMPLIMENT OUR STRATEGY “PLAN FOR SUCCESS – EXECUTE THE PLAN” DELTA LITHIUM |
Slide 17: We Are The Difference
Premium Locations Hardrock Lithium Capital of the World Our Team Results driven with proven hardrock lithium experience Yinnetharra Maiden JORC Lithium resource 25.7Mt @ 1.0% Li2O Tier one potential with Dominant Landholding under-explored New Discovery at Jameson Mt Ida “WE ARE THE DIFFERENCE” JORC
Slide 18: Group Mineral Resource Estimates
GROUP MINERAL RESOURCE ESTIMATES Lithium Mineral Resource Estimates Mt Ida Gold Mineral Resource Estimate Delta Lithium Group Mineral Resource Estimate Indicated Inferred Total Cut-off Li2O Ta2O5 Cut off Deposit Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Resource grade Tonnes Grade
Slide 19: Baldock '5 Main Lodes' Resource Table
BALDOCK ‘5 MAIN LODES’ RESOURCE TABLE Indicated Inferred Total Au Cu Au Cu Au Cu Tonnes Grade Grade Tonnes Grade Tonnes Grade Grade Deposit Ounces Tonnes Ounces Grade Tonnes Ounces Tonnes Cut off (000s) g/t Au (000s) Cu % (000s) (000s) g/t Au (000s) Cu % (000s) (000s) g/t Au (000s) Cu % (000s) 086 L
Slide 20: Baldock Metallurgy Composite Results
BALDOCK METALLURGY COMPOSITE RESULTS Start Head Au Grade (g/t) Au Extraction (%) Reagents (kg/t) Grind Size Tail Au Comp ID Test ID NaCN P80 (µm) Assay Calc. Grav 2-hr 4-hr 8-hr 24-hr 48-hr Grade (g/t) NaCN Lime (ppm) OXIDE GOLD ORE MASTER COMPOSITE # 1 IM2078 75 1000 4.55 / 3.55 4.76 44.14 84.20 86
Slide 21: Important Notices and Disclaimer
IMPORTANT NOTICES AND DISCLAIMER Disclaimer You must read the following notices before reading or making any use of this document or any Investment risk information contained in this document. By continuing to read, use or otherwise act on this document, you agree to be bound by the following terms
Slide 22: Important Notices and Disclaimer
IMPORTANT NOTICES AND DISCLAIMER Competent Person Statement JORC and Listing Rules Compliance Statement Information in this Presentation that relates to exploration results is based upon work undertaken by Mr. Charles • mineral resource estimates are extracted from Delta's ASX announcements of Hughe
Delta Lithium — Investor Presentation (February 2025) on 6ix