Delta Lithium Limited · ASX:DLI
Delta Lithium — Diggers & Dealers 2023
26 slides from Delta Lithium's conference presentation, Aug 8, 2023
Slide 1: Australia's Next Lithium Mine and an Exciting Discovery at Yinnetharra
Australia’s Next Lithium Mine and an Exciting Discovery at Yinnetharra Diggers & Dealers 2023 David Flanagan Executive Chairman 8 August 2023 ASX: DLI
Slide 2: Disclaimer and Competent Persons Statement
Disclaimer and Competent Persons Statement Disclaimer Summary Information Only The information in this Presentation is general in nature and does not purport to be accurate nor complete, nor does it contain all of the information that an investor may require in evaluating a possible investment in De
Slide 3: Disclaimer and Competent Persons Statement
Disclaimer and Competent Persons Statement JORC and Listing Rules Compliance Statement The information in this Presentation that relates to: 1. exploration results are extracted from Delta's ASX announcements of: a. 19 October 2022 and entitled “Maiden Lithium Mineral Resource Estimate at Mt Ida“, a
Slide 4: WA Lithium Projects
WA Lithium Projects Australian DELTA | Lithium Phone | Resources — crate CORED (Northern Tertton Fa creenone Gascoyne Province Lith Resource Estimates (includes reserves) Lutnaum Resources estimates ¢<SMt) Lithium Hysroxie Plants ¢ bare Pubara, PILGANGOORA MARBLE BAR YINNETHARRA PROJECT ARN © Gerald
Slide 5: Corporate Overview Corporate Snapshot
Corporate Overview Corporate Snapshot Market Cap Cash $446m (at $0.855) ~$84m at 30 June 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, whilst conducting an 30.7m Top 20 aggressiv
Slide 6: Mt Ida Lithium Project
Mt Ida Lithium Project Mining Q4 2023 Shipping Q4 2024
Slide 7: Mt Ida Lithium Project
Mt Ida Lithium Project • On track to start digging • Drilling completed • 1123 holes • 206,113 metres • Focused on infill drilling existing resource • Water, Geotech, sterilisation, incremental growth • 11,000 kg of met samples • Measured indicated update due end of Sept 2023 • Mining proposal submi
Slide 8: Yinnetharra Lithium Project
Yinnetharra Lithium Project big and very good
Slide 9: Yinnetharra Lithium Project - Overview
Yinnetharra Lithium Project - Overview • 575km2 • Substantial commitment to drilling • Completed 285 holes and 67,704 metres • 2023 target 90,000 metres and over 400 drill holes • Next - Malinda infill • Jamesons – targeting first drilling Q1 2024
Slide 10: 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 350 m • Two of these pegmatites have consistent mineralisation over 1.6km and open • Exciting early shallow and wide initial intercepts into M47 peg
Slide 11: YNEX004 M47 Pegmatite Section
YNEX004 35m @ 1% Li,0 From 5m M47 PEGMATITE 426400 E, section view 80m, | YINNETHARRA SECTION looking east 16m @ 0.9% Li,0 GASRCO04 From 14m From YRRDO36 9m @ 0.8% Li,O 38m M42 PEGMATIVg FAST YRRDO53 23m @ 1.2% Li,O From 103m Mineralised Pegmatite Unmineralised Pegmatite YNEX003 28.9m @ 1.1% Li, Fro
Slide 12: M36 Pegmatite Section
iN M47 Maz M36 M20 MI s> Projected onto section 500m from the south YRRDOIO 15m YRRDOOS 28% 200mbs MIXED SEDIMENT AND YRRDON ster MAFIC PACKAGE 20m @ 1.3% Li GRANITE YRRDI114 YRRDII8 19m @ 1.6% Li,0 33m @ 1.9% Li,O from 190m from 218m aromes 1.5km YINNETHARRA SECTION Mineralised Pegmatite BH Drillin
Slide 13: M1 Pegmatite Section
M? Pegmatite M1 Pegmatite 9 = 4 ° A ~ V Ao “nv ° | v o a” g s é g \ s & i Ss gs g ¥ £ ge ¢€ & é &é és | g g & g £ £ & & s £ | & = £ & x BocO YRRDOO2 100 17m @ 1.1% Li,0 From 52m 180 “80 204 210 210 2316 . 223 YNRDOOS: 300 52m @ 1.2% Li,0 / 340 From 94m a M42 Pegmatite projected \ 354.83 YINRDOO4 . .
Slide 14: Yinnetharra Lithium Project - Malinda Prospect
Yinnetharra Lithium Project - Malinda Prospect • 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 @ 1.80% Li2O. Refer to
Slide 15: Yinnetharra Lithium Project - Jamesons Prospect
Yinnetharra Lithium Project - Jamesons Prospect • 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 rockchip sample confi
Slide 16: Team
Team We just love mining..
Slide 17: Our People
Our People
Slide 18: Catalysts for Growth 2023
Catalysts for Growth 2023 Catalysts 2023 Mt Ida Drilling Results Mt Ida mining Contract Yinnetharra Drilling Results Award & Mining Start Mt Ida Resource Update Mt Ida Camp Construction Mt Ida Offtake Agreement Contract Award & build Mt Ida Scoping Study Mt Ida Bypass Road Water Infrastructure Resul
Slide 19: Catalysts for Growth 2024
Catalysts for Growth 2024 Catalysts 2024 Mt Ida Drilling Results Mt Ida Trucking Yinnetharra Mining Commences Licence Application Mt Ida PFS Mt Ida potential Gold Sale Yinnetharra Drilling Results Mt Ida DFS Yinnetharra Jamesons Lithium Market Upside Drilling Results Mt Ida First Ship (DSO Li) Yinne
Slide 20: Independent Verification
Independent Verification
Slide 21: Our Business Partners
Our Business Partners Nativ: ee A) “MINE SWZ oGREENVALUES G iv ss DD 1 Gp EARTH = —AUSTRALIA- Solutions == @@ DRILLING right solutions. => right partner, Rockwater propel. Advisian ? propel. A weatherzone PRIM=RO 0 SALIENT CorPoraTE » re. Nu 4 automated ae Ae KA mineralogy MAV-EX incubator ve TERRES
Slide 22: Summary: Five key pillars to the growth and success of Delta Lithium
Summary Five key pillars to the growth and success of Delta Lithium 1. Mt Ida – near term production – DSO optionality 2. Yinnetharra – It’s Big 3. Team – It’s awesome 4. Catalysts – going gangbusters 5. Independent verification – corridor, shareholders, partners
Slide 23: Global Lithium Demand vs Feedstock Supply Forecast
Global Lithium Demand vs Feedstock Supply Forecast 6,000 4 5,500 |) Operating — Demand M) Highly Probable 5,000 4 M§ Probable 4,500 4 5 w Hl Possible Yy 4,000 + Hl Brownfield Expansion 3 3,500 + Hl Care and Maintenance & 3,000 + 8 Secondary supply 2 2,500 4 8 2000 4 ; ° s 1,500 4 ' N 1,000 + N N 500
Slide 24: Geographic and raw material market shares - 2016, 2022, 2030
Geographic and raw material market shares - 2016, 2022, 2030 Source: UBS and internal analysis
Slide 25: Appendices – Mineral Resources
Appendices – Mineral Resources 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 at 1.2% Li20, 19 Octob
Slide 26: Board of Directors Key Management Personnel
Board of Directors David Flanagan Executive Chairman James Croser Non-Executive Director Tim Manners Non-Executive Director Nader El Sayed Non-Executive Director Steve Kovac Non-Executive Director Key Management Personnel Jeremy Sinclair Chief Operating Officer Daniel Taylor Chief Marketing Officer