Latest Delta Lithium (ASX:DLI) News

Delta Lithium Limited is set to unlock value by spinning out its Mt Ida Gold asset into a new ASX-listed company, Ballard Mining Limited, through a demerger and a $25-30 million IPO. This strategic move separates its gold and lithium businesses, positioning both for focused growth.

Delta Lithium has announced a substantial 46% increase in the gold resource at its Mt Ida Project, now exceeding 1.1 million ounces, alongside plans to spin off its gold assets into a new ASX-listed entity, Ballard Mining.

Delta Lithium has revealed significant progress in its Western Australian lithium and gold assets, underpinned by robust resource estimates and ongoing exploration. The company’s strategic focus on capital discipline and monetising gold positions it well for future growth.

Delta Lithium reports robust December quarter results with significant gold drilling successes at Mt Ida and progress on lithium development at Yinnetharra, alongside strategic leadership changes and asset sales.

Delta Lithium reports promising drilling outcomes at its fully permitted Mt Ida Gold Project, confirming resource growth potential and endorsing a standalone development strategy.

Delta Lithium reports strong drilling results and successful metallurgical test work at its Yinnetharra Lithium Project, underpinning confidence in resource expansion and future development plans.