Delta Lithium Expands Yinnetharra Project with Strategic Acquisition

Delta Lithium Limited ( (AU:DLI) ) just unveiled an announcement.

Delta Lithium Limited has announced the acquisition of the Aston Project from Minerals 260, expanding its Yinnetharra Lithium and Tantalum Project by approximately 1,750 square kilometers. This strategic move enhances Delta’s dominant position in the Upper Gascoyne region, providing immediate exploration targets and supporting the company’s strategy of resource growth and discovery. The acquisition includes 15 exploration licenses and offers significant potential due to its proximity to existing deposits, enabling Delta to undertake systematic exploration and advance mining studies towards feasibility.

The most recent analyst rating on (AU:DLI) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Delta Lithium Limited stock, see the AU:DLI Stock Forecast page.

More about Delta Lithium Limited

Delta Lithium Limited operates in the mining industry, focusing on the exploration and development of lithium and tantalum resources. The company is strategically positioned in the Upper Gascoyne Lithium province, with a significant landholding aimed at advancing resource growth and feasibility studies.

Average Trading Volume: 833,292

Technical Sentiment Signal: Hold

Current Market Cap: A$143.3M

For an in-depth examination of DLI stock, go to TipRanks’ Stock Analysis page.