The first shot below is the 9th of April. The 2nd shot is the 4th of May. There's been a lot of drilling over this nearly one month period. The 9th of April is chosen as a starting point because its a clear satellite picture and there's only a few extra M47 drill holes that didn't appear on the 14th April ASX announcement.
The top left of this picture is M47. The 27 Feb update noted that a dedicated rig was to arrive Mid-March and complete RC drilling to a 80mx40m spacing. This infill drilling did start Mid-March and appeared to complete around the 19th April. The rig then shifted onto other targets to the South and East.
Given some of this drilling is clearly defining a resource rather than exploratory drilling, I wonder what Delta's planned timing is around a maiden JORC update and whether they will do this as a smaller size and then update it, or hold off for a larger maiden JORC?
And an older 27 Feb map is below. This shows both a 1.5km scale and a 500m scale to get a sense of size. Drilling has not remained in the two white boxes although they were at least initially the two primary target areas. Delta has stated its seeking a wider drilling approval that would allow tracking M1 East and further South.
- Forums
- ASX - By Stock
- DLI
- Delta Lithium General Discussion
Delta Lithium General Discussion, page-29
-
- There are more pages in this discussion • 2,275 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DLI (ASX) to my watchlist
(20min delay)
|
|||||
Last
26.3¢ |
Change
-0.008(2.78%) |
Mkt cap ! $187.2M |
Open | High | Low | Value | Volume |
27.0¢ | 27.0¢ | 26.0¢ | $45.87K | 172.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 369840 | 26.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.5¢ | 12726 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 369840 | 0.260 |
10 | 182525 | 0.255 |
13 | 204096 | 0.250 |
4 | 19239 | 0.245 |
4 | 53282 | 0.240 |
Price($) | Vol. | No. |
---|---|---|
0.265 | 12726 | 3 |
0.270 | 12886 | 4 |
0.275 | 64432 | 5 |
0.280 | 22686 | 3 |
0.285 | 2512 | 1 |
Last trade - 11.57am 04/06/2024 (20 minute delay) ? |
|
|||||
Last
26.0¢ |
  |
Change
-0.008 ( 1.66 %) |
|||
Open | High | Low | Volume | ||
27.0¢ | 27.0¢ | 26.0¢ | 107373 | ||
Last updated 12.14pm 04/06/2024 ? |
Featured News
DLI (ASX) Chart |