Delta Lithium Limited · ASX:DLI
Delta Lithium — Diggers & Dealers Conference 2024
18 slides from Delta Lithium's conference presentation, Aug 5, 2024
Slide 1: Diggers and Dealers Presentation
DIGGERS AND DEALERS PRESENTATION AUGUST 2024
Slide 2: Corporate Overview
CORPORATE OVERVIEW CAPITAL STRUCTURE SHARES ON ISSUE 713.4M PERFORMANCE RIGHTS 14.3M OPTIONS 22.2M ABN: 67 107 244 39 ASX: DLI MARKET CAP A$164M1 deltalithium.com.au CASH A$87M2 ENTERPRISE VALUE A$77M 43.1% RESEARCH COVERAGE PROVIDED BY: 1.5% MAJOR 10.7% BOARD SHAREHOLDERS & MGMT 23.0% 10.7% 11.0% 1
Slide 3: Board of Directors
BOARD OF DIRECTORS PROVEN EXPERIENCE IN PROJECT DELIVERY 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 management Australia re
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 UPDATE 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 Realising the potential of a proven gold district Mt Ida Gold Mineral Resource Estimate Shallow, high-grade Open Pit potential with Indicated Inferred Total Underground extensions Cut off Deposit Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces (000s) g/t Au (000s) (0
Slide 8: Mt Ida Gold Resource Extensions
MT IDA GOLD RESOURCE EXTENSIONS Targetted Gold drilling to commence Staged program commenced 3540,000m RC & DD Target MRE extensions & high-grade shoots Seeking to build ‘stand-alone’ scale RESOURCE - OVM 500 1,000 1,500 2,000 2,500 3,000 480 440 400 360 320 280 240 RL 200 160 120 80 GROWING MINING
Slide 9: Mt Ida Gold Regional
Copperfield MT IDA GOLD REGIONAL Granite Numerous high-grade gold intercepts along +20km perimeter of Copperfield Granite Strategic geographical position in the Eastern Goldfields corridor 6+ processing plants within 200kms 3540,000m RC/DD program commenced July 2024 ‘Walk-up’ targets along strike/
Slide 10: Yinnetharra Lithium Project
YINNETHARRA LITHIUM PROJECT GROWING A DISCOVERY IN THE EMERGING GASCOYNE PROVINCE DELTA LITHIUM | CORPORATE UPDATE 10
Slide 11: 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 12: 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 Early sighter metallurgy results M1 & M47 demonstrated high-quality, clean spodumene concentr
Slide 13: Yinnetharra Lithium Project: Upcoming Exploration Program
YINNETHARRA LITHIUM PROJECT Upcoming Exploration Program CY2024 drilling program +150,000m planned Malinda infill & resource definition Step-out exploration drilling around Malinda Regional prospects including Jamesons, Calypso, Talisker Regional field work including soil sampling and mapping to tar
Slide 14: 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 15: 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 16: 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 17: 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 18: 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