Great to see Delta continuing to have amazing results for their Yinnetharra project right next door to one of RR1 tenements.
I think once approvals are sorted for RR1 then drilling will commence this quarter.
Commenting on the results Executive Chairman, David Flanagan said
“The Yinnetharra project is a big system, 240 holes in and we have multiple pegmatites defined along 1.6 kilometres of strike, stacked in a package more than a kilometre wide. This is another batch of terrific results. Intercepts like 11 metres at 3% Li2O within 29 metres at 1.5% Li2O also pointing to some very high value mineralisation. Our brilliant exploration team is just getting started and we love what they do.”
“Western Australia became the single biggest lithium producing region on the planet because of the industry’s ability to bring online big spodumene projects quickly. It’s not just an amazing place to explore for minerals”
Delta broke the $1.00 price barrier recently and sits at 93cents!
BUT!! At a market value of $478m for $DLI I look for the next delta that's just starting out and where better to look than right next door and all around Delta Lithiums Yinnetharra land and at a $30m market value, RR1 presents substantial opportunity for significant growth on the back of good drill results.
Delta's own Chairman and geologist have said their Yinnetharra #lithium project has not just more potential but substantially more potential than their Mt.Ida project and there are many smaller explorers right amongst this substantial potential.The closest ones will benefit most and be the most derisked.
Look at the maps for yourself and do your own research.
