Promising future prospect with a lot of unexplored area, however drilling yet to commence until heritage clearance. Surely however previous pending assay results should be well and truly cooked by now.
"Aston Project Acquisition The Aston Project acquired from Minerals 260 comprises of 15 granted exploration licences covering an area of approximately 1,700km². Prior, Minerals 260 exploration defined multiple lithium, tantalum, and rubidium soil anomalies, including a 5km-long lithium trend at Pyramid Hill, with no drilling previously undertaken. Many of these tenements adjoin Delta’s existing holdings and JV areas, streamlining exploration and potential development around the Malinda and Jameson deposits. Their close proximity to Jameson and ~10 km of additional strike along the Leake Springs Metamorphic unit -- which hosts all known lithium and tantalum resources at Yinnetharra -- makes it highly prospective. Delta has already begun target generation and will systematically drill test these promising areas following the heritage clearances mentioned above being undertaken over this new tenure in the coming quarter.
Mortimer Hills Project Acquisition The acquisition of the Mortimer Hills Project comprises of one granted exploration licence, E09/2147, which is located 5km east southeast along strike from Malinda. This land package presents significant prospectivity due to its close proximity to Malinda, where the M1 and M36 pegmatites contain a combined 14.6Mt of the indicated resource. Field teams are scheduled to get onto the ground at Mortimer Hills in coming months to commence target generation soil geochemistry and detailed geology mapping."
DLI Price at posting:
16.3¢ Sentiment: Hold Disclosure: Held
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