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Delta Lithium Limited ( (AU:DLI) ) has issued an announcement.
Delta Lithium Limited has announced the acquisition of the Mortimer Hills Lithium Project from Zeus Resources, expanding its tenement footprint adjacent to the Yinnetharra Lithium and Tantalum Project. This strategic acquisition adds approximately 28 square kilometers to Delta’s exploration area, enhancing its position around the Thirty-Three Supersuite granites. The acquisition supports Delta’s strategy of resource growth and discovery, with plans for immediate exploration and feasibility studies. The move is expected to bolster Delta’s exploration capabilities and contribute significantly to its resource estimates, positioning the company strongly in the lithium and tantalum market.
More about Delta Lithium Limited
Delta Lithium Limited is a company operating in the mining industry, focusing on the exploration and development of lithium and tantalum resources. The company is strategically positioned to enhance its resource base and advance its projects towards feasibility, with a market focus on expanding its tenement footprint and increasing resource estimates.
Average Trading Volume: 628,995
Technical Sentiment Signal: Buy
Current Market Cap: A$121.8M
For an in-depth examination of DLI stock, go to TipRanks’ Stock Analysis page.