Delta Lithium Limited · ASX:DLI
Delta Lithium — Southwest Connect 2024
21 slides from Delta Lithium's conference presentation, Oct 17, 2024
Slide 1: Corporate Presentation Southwest Connect October 2024
For personal use only CORPORATE PRESENTATION SOUTHWEST CONNECT OCTOBER 2024
Slide 2: Corporate Overview and Capital Structure
CORPORATE OVERVIEW CAPITAL STRUCTURE SHARES ON ISSUE 713.4M For personal use only PERFORMANCE RIGHTS 12.7M OPTIONS 17.0M ABN: 67 107 244 39 ASX: DLI MARKET CAP A$181M1 deltalithium.com.au CASH A$87M2 ENTERPRISE VALUE A$94M 43.1% RESEARCH COVERAGE PROVIDED BY: 1.5% MAJOR 10.7% BOARD SHAREHOLDERS & MG
Slide 3: Board of Directors
BOARD OF DIRECTORS PROVEN EXPERIENCE IN PROJECT DELIVERY For personal use only Chris Ellison James Croser Steve Kovac Non-Executive Chairman Managing Director Non-Executive Director • 40+ years experience in the • 25+ years operational, • Current CEO of Idemitsu Australian mining and technical and m
Slide 4: Rapid Development of Western Australian Assets
RAPID DEVELOPMENT OF WESTERN AUSTRALIAN ASSETS For personal use only 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
Slide 5: Yinnetharra Lithium Project
YINNETHARRA LITHIUM For personal use only PROJECT GROWING A DISCOVERY IN THE EMERGING GASCOYNE PROVINCE DELTA LITHIUM | CORPORATE PRESENTATION OCTOBER 2024 5
Slide 6: A Solid Beginning at Yinnetharra
YINNETHARRA LITHIUM PROJECT A SOLID BEGINNING AT YINNETHARRA Delta is centre-stage in a newly emerging Gascoyne Lithium Province For personal use only 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
Slide 7: Malinda Prospect
MALINDA PROSPECT Three main LCT pegmatites M1, M36, M47 – all with excellent widths and high-grade lithium assays Mineralisation is present from surface to a depth of at least 350m striking E-W for over 2km For personal use only Early sighter metallurgy results M1 & M47 demonstrated high-quality, cl
Slide 8: Upcoming Exploration Program
YINNETHARRA LITHIUM PROJECT Upcoming Exploration Program CY2024 drilling program +150,000m planned For personal use only Malinda infill & resource definition Step-out exploration drilling around Malinda Regional prospects including Jamesons, Calypso, Talisker Regional field work including soil sampl
Slide 9: Mt Ida Lithium & Gold Project
For personal use only MT IDA LITHIUM & GOLD PROJECT VALUE CREATION IN THE GOLDFIELDS DELTA LITHIUM | CORPORATE PRESENTATION OCTOBER 2024 9
Slide 10: Mt Ida Project: Unique Deposit Geology
MT IDA PROJECT Unique Deposit Geology – Lithium & Gold adjacent High-grade LCT pegmatites at Sister Sam, For personal use only 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 6.6
Slide 11: 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 For personal use only current resources and test highly prospective regional targets World-cla
Slide 12: Mt Ida Gold Resource Extensions
MT IDA GOLD RESOURCE EXTENSIONS Targeted Gold drilling has commenced 4-Stage program 3540,000m RC & DD For personal use only Target Baldock MRE extensions & high-grade shoots, then regional Seeking to build ‘stand-alone’ scale RESOURCE - OVM 500 1,000 1,500 2,000 2,500 3,000 480 440 400 360 320 280
Slide 13: 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 14: Mt Ida Gold Regional
Copperfield MT IDA GOLD REGIONAL Granite Numerous high-grade gold intercepts along +20km perimeter of Copperfield Granite For personal use only Strategic geographical position in the Eastern Goldfields corridor 6+ processing plants within 200kms 12,000m regional RC is stage 4 of current program ‘Wal
Slide 15: The Delta Strategy
THE DELTA STRATEGY STRONG FOCUS ON CAPITAL ALLOCATION & CASH PRESERVATION For personal use only 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
Slide 16: Delta Lithium summary
Premium Locations Hardrock Lithium Capital of the World For personal use only 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 AR
Slide 17: Group Mineral Resource Estimates
GROUP MINERAL RESOURCE ESTIMATES Lithium Mineral Resource Estimates Mt Ida Gold Mineral Resource Estimate For personal use only 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 Resour
Slide 18: 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 For personal use only (000s) g/t Au (000s) Cu % (000s) (000s) g/t Au (000s) Cu % (000s) (000s) g/t Au (0
Slide 19: 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 20: 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, For personal use only you agree to be bound b
Slide 21: 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 For p