Delta Lithium Limited (AU:DLI) has released an update.
Delta Lithium Limited has announced significant advancements at its Mt Ida Gold Project, including the receipt of underground mining approval from regulatory authorities, the completion of favorable metallurgy test work with over 92% gold recovery, and the initiation of a comprehensive 4-stage exploration program. The company is also exploring the feasibility of a standalone processing plant as it aims to expand its gold resources beyond the current estimate of 752koz at 3.5g/t. With all necessary mining approvals in place and gold prices at a historical high, Delta is poised to scale up its operations and potentially establish a highly profitable mining site.
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